GIS Holding benefits from tablet, notebook demandBy Lisa Wang / Staff reporterGIS Holding Ltd (業成), which supplies touch modules for Apple Inc’s iPads and MacBooks, yesterday said its net profit last year grew 10 percent annually, benefiting from increased demand for notebook computers and tablets as the stay-at-home trend persisted due to the COVID-19 pandemic. Net profit rose to NT$3.73 billion (US$131.79 million), compared with NT$3.39 billion in 2019, the company said in a filing with the Taiwan Stock Exchange. Photo: Chen Mei-ying, Taipei TimesEarnings per share rose to NT$11.04 last year from NT$10.02 the prior year. The Miaoli-based company has aimed to increase shipments of higher-definition touch modules equipped with mini-LED backlights for tablets and OLED touch modules for smartphones. Yuanta Securities Investment Consulting Co (元大投顧) said GIS has benefited from pandemic-driven demand for notebook computers and tablets with touch modules, with a revenue contribution of 75 to 80 percent.

Source: Taipei Times March 08, 2021 15:56 UTC