Log in / Register
  • Thermal Vias are Ineffective. Here’s Why.

    Thermal Vias are Ineffective. Here’s Why.

    Adding thermal vias can take up valuable board space with little benefit.
      READ MORE...

  • Connecting the Industry, from Boards to Assemblies

    Connecting the Industry, from Boards to Assemblies

    HDP is embarking on new rounds of evaluations of laminates and lead-free solders.
      READ MORE...

  • Exploring the Impact of AI

    Exploring the Impact of AI

    A special panel discusses the growth of AI tools and its possible effects on the industry.
      READ MORE...

  • A Journey in Rigid-Flex Design

    A Journey in Rigid-Flex Design

    Overcoming the challenges of rigid-flex designs can be incredibly rewarding.
      READ MORE...

  • Creating the Ultra Library

    Creating the Ultra Library

    Building and maintaining what's said to be the world's largest CAD database requires strong relationships.
      READ MORE...

Homepage Slideshow

Iteq Posts Net Profits Up 39% in 2019

Published: 19 March 2020
 by Chelsey Drysdale

HSIN CHU, TAIWAN – Iteq posted net profit up 38.8% in 2019 to a record high NT$2.5 billion (US$81.2 million) on revenue of NT$23.8 billion.

The firm expects 2020 revenue to increase with more shipments of high-frequency and high-speed materials for 5G base stations and servers. The firm expects revenue growth of 50% in 2020.

Demand for servers in China, the US and Europe for stay-at-home activities is strong amid the coronavirus pandemic. Iteq expects to increase shipments of super-ultra-low loss CCLs for router, switch and optical module applications for 5G networks in China.

The firm's new factory in Jiangxi is expected to start commercial production in the second quarter, with a monthly capacity of 300,000 units. A second-phase capacity will begin in late 2020 or early 2021.

Ed.: NT1 = US$0.03

 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article