1 February 2008
Taiwan-based small- to medium-size LCD panel and LCM maker Giantplus Technology has seen its orders from China-based white-box handset makers rebound in January amid strong demand for the Lunar New Year holidays, according to the company.
The company revealed that nearly 80-90% of its white-box handset customers have started preparing orders and thus Giantplus expects its revenues in January to rebound to around NT$782 million (US$24.2 million), the peak level it generated in November 2007.
Commenting on the recent heavy snows in China, the Taiwan-based maker said its plant in Kunshan did see some impact, with revenues of NT$10 million affected. However, as the plant is going to be offline during the holidays, the affect will not continue, Giantplus stated.
Regarding handset panel inventory, the company stressed there are no problems, except in the 2.4- and 2.8-inch segments, for which the company is preparing more stock.
With the company recently gaining orders from Altek, Giantplus said the move can reduce its risk from paying too much concentration on handset panel development. Demand from digital cameras is the second largest application in the small- to medium size panel market and the company is positive about the market potential, Giantplus pointed out.
