Elan net profit grows 30%By Lisa Wang / Staff reporterElan Microelectronics Corp (義隆電子), a supplier of touchpad controllers and fingerprint sensors, yesterday reported that net profit last year rose 30 percent to a record NT$3.25 billion (US$114.52 million), thanks to increased demand for laptops amid the COVID-19 pandemic. The Hsinchu-based company said that the work-from-home and distance-learning trends increased demand for notebook computers, which boosted shipments of its touchpad controllers. Earnings per share last year reached NT$11.14, up from NT$8.57 in 2019, it said in a filing with the Taiwan Stock Exchange. Elan Microelectronics Corp’s logo is pictured at the company’s headquarters in the Hsinchu Science Park on Aug. 11, 2017. Elan Microelectronics is to release more financial details and this year’s business outlook at an investors’ conference on Tuesday next week.

Source: Taipei Times February 17, 2021 15:56 UTC