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July 1, 2015 | DigitimesEstimated reading time: Less than a minute
Flexible PCB supplier Flexium Interconnect is expected to achieve significant profit growth this year, mainly due to orders for Apple's iPhone 6 models, according to a Digitimes report.
In 2014, Flexium recorded an EPS of NT$6.71—down from its average EPS for the previous three years (2011, 2012 and 2013)—due to weaker-than-expected shipments in the first half of 2014 as a result of disappointing iPhone 5C sales. Flexium generated an EPS of NT$3.28 in the first quarter of 2015; but amid growing shipments, the FPCB supplier is set to post strong profits in the first half of the year, and continue to enjoy impressive results in the second half.
Flexium's EPS is expected to top NT$12 in 2015 and set a new record, the report added.
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