TPK revenues hit 3-month high in January

Touch panel Exhibition:To provide with you the latest industry news】

Touch panel maker TPK Holding saw its revenues increase 12.1% on month and 46.9% on year to hit a three-month high of NT$14.049 billion (US$455.38 million) in January.
The strong performance bucked the seasonal trend under which the company usually sees its revenues dip sequentially in the first month of a year due to off-peak season effects.
The company has not yet set its capex budget for 2019 but the amount is expected to come slightly lower than the NT$7.5 billion spent a year earlier.
Meanwhile, the company declined to comment on media reports that it plans to team up with China's state-backed Silk Road Fund to invest up JPY60-80 billion (US$540-720 million) in financially troubled Japan Display (JDI).
The company is scheduled to hold an investors conference on February 15 to reveal its results for the fourth quarter of 2018 as well as the outlook for the first quarter of 2019.



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