With shipments for customers' new mobile devices kicking off, flexible PCB maker Flexium Interconnect saw its revenues and profits rebound in the third quarter of 2016.
According to a Digitimes report, consolidated revenues at Flexium surged 65.6% sequentially to a record NT$5.72 billion ($180.7 million) in the third quarter of 2016, with gross margin rising 4.3pp on quarter to 25.1%. The company generated net profits of NT$724 million in the third quarter, up significantly from NT$103 million in the prior quarter.