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Punching Out: Breaking Out of the Valuation BoxKinsus Posts Weak Results in August
September 7, 2015 | DigitimesEstimated reading time: Less than a minute
IC substrate maker Kinsus Interconnect Technology has reported consolidated revenues of NT$1.861 billion (US$57.14 million) for August, down 1.5% sequentially and 15.9% on year, according to a Digitimes report. This is said to be because of decreased orders from Apple and slow demand for IC substrate products during the month.
Kinsus' sales are expected to rebound month by month after Apple unveils updated iPhones and other products this month.
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