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Inductor maker Chilisin expects 2012 sales to grow 10-15%

Patty Wang, Taipei
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Chilisin Electronics expects revenues for 2012 to increase 10-15% buoyed by demand for consumer handheld products such as smartphones and tablet PCs, according to the company.

Revenues for November 2011 totaled NT$290.59 million (US$9.63 million), up 4.5% on month and 30.4% on year. During the January-November period, revenues amounted to NT$3.11 billion, growing 12.7% from a year earlier.

For all of 2011, revenues are expected to gain an 11% growth from the previous year, the company estimated.

Article translated by Steve Shen