2011-01-05

Thinking and Polytronics announced revenues for 2010

For all of 2010, Thinking Electronic Industrial posted revenues of NT$4.33 billion, increasing 35.8% from a year earlier. December consolidated revenues were NT$367 million (US$12.61 million), down 3.7% sequentially. In January of 2011, the company started to receive orders as usual, and Thinking's capacity would remain tight in 1Q11 as the company's new plant in China would not come online until 3Q11. But 1Q11 revenues would remain low compared to 4Q10, following the impact of the Chinese Lunar New Year holidays.
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