The company usually sees a sequential decline in revenue during the second quarter,” TPK chief strategy officer Freddie Liu (劉詩亮) said. Operating margin might hold steady this quarter compared with last quarter’s 0.2 percent, meaning that TPK would remain profitable, Liu said. Operating margin is underpinned by robust demand for touch products with better margins used in tablets and notebook computers, while demand for touch products in mobile phones dwindles, he said. Handset and wearable touch products contributed to about 27 percent of revenue in the first quarter, while tablets and notebooks accounted for 68 percent, it said. There had been speculation earlier this week that Apple planned to launch its first foldable phones in 2023 using TPK’s foldable touch modules.

Source: Taipei Times May 06, 2021 15:56 UTC