Taiwan-based Wah Hong Industrial expects its monthly shipments of optical films to increase to 38-40 million units in the third quarter, from 36 million units currently, according to the company.
Taiwan-based AU Optronics (AUO) and Chimei Innolux (CMI) account for 50% and 30%, respectively, of Wah Hong's shipments.
Optical films' ASPs are expected to remain flat sequentially in the second quarter, while the ASPs for reflective sheets are expected to increase by 10% due to tight capacity, the company added.
Market observers expect Wah Hong's revenues in the second quarter to increase by over 10% sequentially, and the company is expected to have a net profit of over NT$100 million (US$3.12 million) with an EPS of up to NT$1.5 for the quarter amid record revenues in April and May.
Supply of light guide plates (LGPs) remains short amid shortages of components such as PMMA (polymethyl methacrylate), market sources said.
Article translated by Yvonne Yu
