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EETI November revenues hit 37-month high

Jessie Shen, DIGITIMES, Taipei
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Touchscreen controller IC supplier Egalax-empia Technology (EETI) saw its November 2016 revenues climb to a 37-month high of NT$123 million (US$3.9 million).

EETI's revenues for November 2016 represented increases of 24.5% sequentially and 40.7% on year, buoyed by continued growth in sales generated from the consumer electronics and industrial control product segments.

EETI disclosed its cumulative 2016 revenues through November increased 25.4% from a year ago to NT$1.14 billion.

Fellow touchscreen controller IC company Elan Microelectronics has reported consolidated revenues of NT$560 million for November 2016, up 2.6% on month but down about 6% from a year earlier. Elan's revenues for the first 11 months of 2016 totaled NT$6 billion, down 1.3% on year.