Catcher Technology announced consolidated revenues of NT$2.82 billion (US$95.19 million) for January, down 13.3% on month, but up 16.7% on year; however, the company's non-consolidated revenues in January suffered a larger drop on month of 49.4% to only NT$1.1 billion.

Catcher's plants in Suzhou, China, which were being halted from production by the local government, currently still have not yet resume its operation, but since the company has been moving its equipment at Suzhou plants to other plants, the impact to its capacity have already dropped significantly to only around 20% from 40% originally.

Spokesperson of Catcher pointed out that the on-month drop in January was mainly due to seasonal factors such as the Lunar New Year holidays, but as ultrabooks are driving notebook products to feature ultra-thin design, the company's orders are currently still surpassing its capacity.

In 2012, Catcher is aiming to purchase 3,000 new CNC machines and will install them at its plants in Suqian, China and Tainan, Taiwan. As for when its Suzhou plants can resume production, the spokesperson said that plants are ready and are only waiting for the local government's approval.

For the first quarter, market watchers estimate that Catcher should achieve single-digit on-quarter growth and will enjoy an extra 10% growth in the second quarter.