Equipment supplier Gallant Precision Machining (GPM) swung back to profitability in the first half of 2008, reporting net profits of NT$81.9 million (US$2.59 million) from sales of NT$2.12 billion for the period.
GPM, which reported losses of more than NT$300 million in 2007, currently secures 70% of its revenues from the LCD panel sector, 5% from the solar energy sector, 10% from the IC sector, 5% from the LED packaging sector, and 10% from others.
The company has been gearing up the development of solutions for the solar energy and LED sectors. It has developed a fully automated solar cell production system that it expects will drive its sales in 2009.
Article translated by Rodney Chan
