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CCL Maker TUC Reports Robust Earnings Growth for 2018
March 22, 2019 | DigitimesEstimated reading time: Less than a minute
Copper clad laminate (CCL) maker Taiwan Union Technology (TUC) has reported robust earnings growth for 2018 on increased shipments of CCL products to the networking device and server sectors, according to Digitimes.
Net profits for 2018 totaled NT$1.836 billion ($59.59 million), increasing by 83.37% from a year earlier. The earnings translated into an EPS of NT$7.46 for 2018 compared to NT$4.12 a year earlier. The company also saw its revenues grow by 10.5% on year to NT$17.79 billion in 2018.
Digitimes reports that TUC has been enhancing its deployments in the high-margin CCL products targeting server, storage, networking and switch applications, seeing its products enter the supply chains of Nokia, Ericsson, Google, Amazon and Facebook.
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