MCU and consumer IC design house Generalplus Technology recorded gross margin of 34.7%, net profit of NT$56 million (US$1.9 million) and net EPS of NT$0.51 for the first half of 2012
First-half net profits of NT$56 million represented a decline of 58% from a year earlier, but the gross margin of 34.7% for the six-month period showed an improvement of 3pp from 31.7% of a year ago due to an optimization of its product mix.
Generalplus expects its sales to remain strong in the third quarter, buoyed by increasing orders for consumer, multimedia and toy ICs.
Plans by toy maker Hasbro, one of the major clients of Generalplus, to launch its next-generation interactive Furby dolls in the fourth quarter of 2012 will benefit the IC designer, indicated industry watchers.
Toy maker Vtech will also release soon its next-generation children's tablet PC, the InnoTab 2, which will come with a 32-bit ARM11-based processor from Generalplus, said the sources.
Article translated by Steve Shen
