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Taiwan aluminum capacitor makers post mixed August results

Friday, Sep 10, 2010
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                                                         Olivia Hu, Taipei; Steve Shen, DIGITIMES [Friday 10 September 2010


Aluminum capacitor makers Lelon Electronics and Kaimei Electronic both enjoyed on-month revenue growth in August 2010, while fellow maker Teapo Electronic saw its August sales decrease 9.8% sequentially, according to data released by the companies.


Lelon posted consolidated revenues of NT$415.17 million (US$13.02 million) for August, up 5.2% sequentially and 43.5% on year. For the first eight months of 2010, revenues totaled NT$2.88 billion, increasing 49.8% from a year earlier.


Thanks to the appreciation of the Japanese yen, Lelon has been receiving more high-end orders from Japan pushing up revenue growth, the company noted.


Kaimei posted revenues of NT$250.69 million for August, an increase of 1.2% on month and 33.2% on year. Accumulated revenues for the January-August period reached NT$1.77 billion, up 55.8% on year.


Kaimei is expected to post a sequential growth in revenues in the third quarter due to orders from EMS firms in Japan, according to industry sources.

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