Shares of sapphire substrate maker Tera Xtal Technology, an associate company of Foxconn Electronics, will debut on Taiwan's emerging securities market on September 24, according to a Chinese-language Commercial Times report.
Tera Xtal, which is capitalized at NT$585 million (US$18.47 million), expects to generate revenues of NT$500 million in the second half of 2010, the paper quoted the company as indicating. Tera Xtal posted an EPS of NT$4.59 in the first half of 2010 compared to NT$1.30 a year earlier, the paper said.
Article translated by Steve Shen
