Touch panel solution provider Young Fast Optoelectronics expects its core business to swing back to profits in the second half of 2018 as it is enhancing its presence in the industrial control- and medical equipment-use panel segments, according to company president Hsu Yi-chuan.
The company has seen an influx of new orders recently as its medium- and large-size touch panel solutions have found their way to the supply chains of the top-five medical equipment brands in the US and Europe, Hsu revealed.
Touch solutions for industrial control and medical equipment applications currently account for 55% of the company's total sales, while those for consumer products take up 45%, Hsu noted.
In addition to the mainstream 15-inch touch panels, Young Fast is also capable of rolling out an array of G1- and GF1-based touch solutions for the sub 23.8-inch segment, Hsu said, noting that the company also plans to offer LCM products to clients to help boost sales growth.
The company posted net profits of NT$13.18 million (US$428.152) or NT$0.07 in the first half of 2018 thanks contribution from its cable business.
Young Fast enhancing deployment in industrial control panel segment
Photo: Digitimes file photo
Article translated by Steve Shen
