Contrarian up PCB plant
Printed circuit board is widely expected to lower fourth quarter market conditions in the third quarter, but the decline is not as serious in previous years, we can maintain high levels of benefit from the lower reaches of smart phones, base stations industry demand is still hot, so bring Hua Tong (2313), Nan Chi Power (2316), Yaohua (2367), the first HSBC (5349) of the firms expected to be contrarian.
Abundance of the main product is the first server, base station printed circuit board (PCB), the company stressed that the concept of continuous fermentation cloud in recent years, driven server orders last year, continuing to transfer heat, the recent economic base station is also quite good, still better than expected October sales September, also higher than the third quarter of the fourth quarter.
Tripod PCB multiple downstream applications, including thin-film transistor liquid crystal display (TFT-LCD), hard drive (HDD), memory module, notebook computer (NB), actively expanding in recent years, high-density connector (HDI) process is also large-scale mobile phone market lose ground , HDI board is driving revenue growth in the second half of the maximum power.
Taiwan's largest PCB plant Xin Xing (3037) previously held in France said they would also point out that the market economy can be expected over the fourth quarter of the third quarter of PCB flat or slightly less, smart phones rose HDI board is thriving.
HDI's main products focus on mobile phones Watertown, Yaohua and HDI revenue accounted for seven, eight of the Wus Printed Circuit, and therefore there the past two years operation of transit, is still optimistic for the fourth quarter orders.
Watertown in the third quarter the first time in nearly six seasons of nearly quarter profit and create a new high, Wus Printed Circuit first time in 16 quarters to operating income, Yaohua in the second quarter, continued to profit in the third quarter, the first half of the losses in one fell swoop restore peace .