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Corporation
COMPUTER HARDWARE & SERVICES | Computer Storage & Peripherals / Computer Displays & Projectors
tpk-solutions.com

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Stage

IPO | IPO

Date of IPO

10/29/2010

Market Cap

16.49B

About TPK Holding

Provider of touch screens. The screens range between 2 to 8 inches and use in handheld devices, PDAs, and mobile phones. The company attracts customers from personal portable device, public information systems, telecom systems, office automation systems, and consumer electronic industries.

TPK Holding Headquarter Location

14th Floor, 136 Sec3, Ren-Ai Road

Taipei,

Taiwan

886 2 2586 5859

Latest TPK Holding News

Transport costs, supply woes hit TPK

Oct 29, 2021

Transport costs, supply woes hit TPK REVENUE PRESSURE: With no remedy to supply chain bottlenecks in sight, struggles are expected in the current quarter, although new ventures give hope for new growth By Lisa Wang / Staff reporter Touch module maker TPK Holding Co (宸鴻) yesterday said that its net profit fell 13 percent last quarter due to the fallout from supply chain bottlenecks and a surge in transportation costs. Disruption in key component and raw material supplies has increased pressure on customer orders, mainly for its products used in the large notebook computer and tablet sector last quarter, TPK CEO Leo Hsieh (謝立群) told investors yesterday. “We deeply felt the pinch of a component supply crunch starting in the third quarter,” Hsieh said. “Earlier this year, we had more leeway in managing supply chain issues, as we had some stockpiles.” TPK CEO Leo Hsieh is pictured at an exhibition on Aug. 29, 2019. Photo: CNA The company suffered another setback in securing new orders from a major smartphone vendor, which adopted a display technology that differed from TPK’s offerings. The order loss was partly offset by an increase in supply to the customer’s older-generation phone, Hsieh said. As there are no signs of a forthcoming ease in supply-chain bottlenecks, TPK expects continued pressure on revenue this quarter. “We believe that some analysts’ estimates of a quarterly decline of between 5 and 10 percent for the fourth quarter should be reasonable. We will do our best to achieve that,” TPK chief strategy officer Freddie Liu (劉詩亮) said. “Overall, we are optimistic about the fourth quarter outlook. We are seeing sustainable demand for large notebook computers and tablets. We are benefiting from the moderate growth from this segment,” Liu said TPK’s revenue edged up 2.4 percent quarter-on-quarter, but slumped 23.4 percent year-on-year, to NT$25.17 billion (US$904.74 million) last quarter, he said, adding that the large notebook computer and tablet sector was the largest contributor, accounting for 48 percent. The touch module supplier expects the operating profit margin this quarter to approach last quarter’s level, at 0.6 percent, due to improvement in operating spending and labor costs, as well as a decline in depreciation costs, Liu said. TPK expects to register a better net profit this year than last, mostly on lower operating expenses, he said. The company recorded NT$1.03 billion in net profit last year. During the quarter ending Sept. 30, the company reported NT$279 million in net profit, a decline of 13 percent from NT$322 million from last quarter. On an annual basis, net profit dipped 37 percent from NT$443 million. TPK said electricity curbs in China did not significantly affect the company’s production there, mostly in Xiamen, as it has obtained support from the local government to reach energy conservation goals. Looking beyond this year, TPK said that it expects its new businesses to fuel growth. Those include a 3D printing business, equity investments on electric vehicle production and silver nanowire technology. The company expects that silver nonowire will be used in foldable mobile phones next year following several years of development, leading to a gradual increase in revenue from 5 percent this year, Hsieh said. The technology is mainly used in large whiteboard displays, he said. Shipments of silver nanowire touch modules and panels should expand at least 50 percent year-on-year next year, he said. Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

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TPK Holding Patents

TPK Holding has filed 8 patents.

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6/1/2015

9/1/2020

Fluorides, Metal halides, Semiconductor device fabrication, Microtechnology, Etching

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9/1/2020

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Related Topics

Fluorides, Metal halides, Semiconductor device fabrication, Microtechnology, Etching

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Grant

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