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Usun to produce anti-reflective glass for touch panels

Post Time:Jul 22,2009Classify:Company NewsView:239

Usun Technology, a Taiwan-based maker of equipment for FPD and CCL (copper clad laminate) production, as well as automation systems, will start a new business that uses nano-optical coatings to produce anti-reflective glass for touch panels, according to the company.

Usun is scheduled to complete two anti-reflective glass production lines at its factory in Shanghai, eastern China, in the third quarter of 2009, with volume production to kick off in 2010, the company indicated.

Usun said it has recently increased its capital by issuing new shares, with the additional funds of around NT$280 million (US$8.54 million) for expanding its new businesses in touch panel and solar applications. Usun is also looking to tap into the solar-equipment market.

Usun: Revenues, 1Q08 - 1Q09 (NT$m)

Quarter

Sales

Q/Q

Y/Y

YTD

Y/Y

1Q-09

309

(51.3%)

(27.3%)

309

(27.3%)

4Q-08

635

115.4%

18.6%

1,632

(27.1%)

3Q-08

295

6.2%

(55.1%)

997

(41.5%)

2Q-08

278

(34.7%)

(47.2%)

703

(33%)

1Q-08

425

(20.6%)

(18.6%)

425

(18.6%)

*Figures are not consolidated
Source: TSE, compiled by Digitimes, July 2009

Usun: Income statement, 1Q08 - 1Q09 (NT$k)

Item

1Q-2009

4Q-2008

3Q-2008

2Q-2008

1Q-2008

NT$k

% of sales

NT$k

% of sales

NT$k

% of sales

NT$k

% of sales

NT$k

% of sales

Gross sales

308,960

 

635,743

 

294,890

 

277,573

 

425,169

 

Operating revenue

308,947

100%

634,923

99.9%

294,777

100%

277,566

100%

425,108

100%

Gross profit (loss) from operations

104,883

33.9%

267,042

42%

89,280

30.3%

59,290

21.4%

135,707

31.9%

Operating expenses

73,341

23.7%

84,269

13.3%

101,486

34.4%

59,992

21.6%

68,875

16.2%

Operating income (loss)

31,542

10.2%

182,773

28.7%

-12,206

-4.1%

-702

-0.3%

66,832

15.7%

Income from continuing operations before income tax

42,746

13.8%

152,161

23.9%

44,330

15%

-14,199

-5.1%

31,748

7.5%

Net income (loss)

37,373

12.1%

128,568

20.2%

38,498

13.1%

-16,977

-6.1%

21,149

5%

Fully-diluted earnings per share (NT$)

0.7

 

0

 

 

 

 

 

0.4

 

*Figures are not consolidated
Source: TSE, compiled by Digitimes, July 2009

Source: http://www.digitimes.comAuthor: shangyi

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