Flexium Reports 19% YoY Growth in 2021January 12, 2022 | Flexium
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Taiwan-based flexible printed circuit (FPC) manufacturer Flexium Interconnect Inc. has posted sales of NT$4.5 billion ($162.88 million at $1:NT$27.65) in December, up by 23.15% year-on-year (YoY) and an increase of 5.3% from November.
Overall, Flexium registered total sales of NT$35.569 billion ($1.286 billion) for 2021, an increase of 19% YoY. This follows a 14.8% YoY growth in 2020.
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Order intake in the first three quarters of 2023 amounts to 154.6 million euros. Order intake in the third quarter increased significantly by 25.8 percent compared to the same quarter of the previous year.
Net sales decreased 14% to SEK 1,005.4 million (1,168.3). Both net sales and order intake were negatively impacted by lower prices and customers’ inventory adjustments.