Wintek posts strong revenue gains in November

   Date:2011-12-05     Source:yangliangyuhanyue

Touch panel maker Wintek has posted consolidated revenues of NT$9.826 billion (US$325.95 million) for November, up 74.22% sequentially and 10.97% on year.

For the first 11 months of 2011, revenues amounted to NT$83.21 billion, increasing 46.11% from a year earlier, the company said in a press release.

Increased touch panel shipments to major clients, including Apple, Amazon, HTC and Nokia, contributed to strong revenue gains in November, according to a Chinese-language Commercial Times report.

Wintek's fourth-quarter revenues are expected to stay flat or grow slightly from the NT$24.9 billion recorded in the third quarter, the paper said.

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