Tuesday, June 18, 2013

Wintek to benefit from Google and Amazon touch panel orders

Tablet Touch panel maker Wintek is expected to reach NT$8 billion (US$267.47 million) in revenues during the third quarter of 2013 due to orders from Google and Amazon, according to industry sources. Wintek has reportedly begun shipping touch panels for Google's next generation Nexus 7 as well as Amazon's 7-inch Kindle Fire HD as of June 2013 and will continue doing so throughout July and August when Wintek's' shipments are expected to peak, said the sources. Both of the tablets will reportedly use OGS touch technology as well as high resolution TFT panels. Due to the pricing for OGS technology, Wintek is expected to maintain its profits throughout the quarter despite an expected decline in its gross margin, the sources noted. Touch panel shipments for the Google Nexus 7 are expected to be around 500,000 units a month as of July, the sources said, adding that monthly touch panel shipments for the Kindle Fire will be around 300,000-400,000 in the third quarter for a total of about 6-7 million units in 2013. The sources also revealed that Amazon is likely to put out another 7-inch entry-level tablet in 2013 that will use G/G touch panel technology. The sources added that Wintek's revenues are still expected to remain strong despite the company fading out from Apple's supply chain. Previously, orders from Apple made up a large proportion of Wintek's revenues, but as of first-half 2013 only about 30% of the company's revenues came from Apple and that percentage is expected to drop to around 10% by the second half of the year. Additionally, Wintek is expected to ship 500,000 notebook touch panels a month in the third quarter, the sources added. from:NJYTOUCH

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