Auto PCBs Seen to Drive Chin Poon and Tripod's Profits in 2015

Taiwan-based PCB makers Chin-Poon Industrial and Tripod Technology are expected to sustain their profit growth in 2015 by benefiting from stable growth in demand for automotive electronics, according to a Digitimes report.

Amid sluggish PC sales and slowdown in smartphone sales worldwide are expected to weigh down the second half results of PCB and other components. On the other hand, Chin-Poon and Tripod, which have moved to reduce their reliance on mass-market devices, are seen to be able to enjoy another year of profit growth in 2015.

Chin-Poon, which already has more than 70% of its revenues coming from the auto industry, has reported total revenues of NT$11.04 billion in the first half of 2015, rising 5.4% from a year earlier.

For its part, Tripod has in recent years reduced its sales ratio for PC-use PCBs while putting more emphasis on HDI boards and other product lines for automotive electronics, servers and networking equipment. With a more diversified product portfolio, the company posted NT$2.02 in EPS for the first half of 2015, according to Digitimes. Tripod's EPS climbed to NT$5.02 in 2014 from NT$4.52 in 2013.