Taiwan PCB Techvest (TPT), which mainly produces optoelectronics boards, expects its first-quarter revenues to register flat growth sequentially beating seasonal patterns.

Orders for optoelectronics boards are likely to pick up as early as February thanks to new model roll-outs from its TV clients, TPT said. Meanwhile, new orders coming from the information product sector will be fulfilled, the company added.

TPT collected NT$1.47 billion (US$48.9 million) in December revenues, up 6.1% on month and 25.4% on year. Revenues amounted to NT$4.56 billion in the fourth quarter of 2011, rising 10.1% sequentially.

TPT generated NT$15.83 billion in 2011 revenues, hitting an annual high.

In other news, TPT revealed that monthly capacity at its plant in Guangdong, China will expand to 2.4 million square feet in 2012, up from the current 1.5 million square feet. The company also expects to complete the first-phase construction of a new plant in Sichuan, western China, by the fourth quarter of 2012. The new facility will initially contribute monthly capacity of 1.2-1.5 million square feet, according to TPT.

Samsung Electronics, LG Display, AU Optronics (AUO) and Chimei Innolux (CMI) reportedly are among TPT's major clients.

Source:digitimes