Touch panel maker J Touch has reported its revenues increased 11.57% on quarter to NT$3.51 billion (US$103.42 million) during the third quarter of 2014 driven by orders from Asustek Computer for the ZenFone.
The orders coupled with strong demand from US- and China-based customers helped J Touch reach utilizations above 90%. The company's Taiwan-based facilities ran at full capacity while facilities in China were just short.
J Touch also reported an ESP of NT$0.73 while its profit margin reached 6.39%, up from 0.28% in the previous quarter.
The company reportedly has order visibility until the end of the year and will also start shipping new metal mesh solutions to customers by the end of 2014 into first-quarter 2015.
Article translated by Alex Wolfgram
