HDI PCB specialist Compeq Manufacturing has already seen its production capacity fully booked for the first half of 2021, and expects additional capacity in China to come online in the second half of the year to help ease its tight supply.
Compeq said it can only conduct flexible capacity adjustments at its plants in Taiwan and China's Huizou and Chongqing to meet extra rush demand from clients in the short term now that its HDI board capacity has been fully booked throughout the second quarter and new capacity at its Chongqing manufacturing complex will not kick off commercial runs until the third quarter at the earliest.
The company has reported that its 2020 revenues rose 7.7% on year to a record high of NT$60.517 billion (US$2.16 billion), and its net earnings for the year also hit a new high at NT$4.665 billion, up 22% on year.
Compeq said the impressive revenue and profit increases mainly resulted from strong HDI board shipments to handset vendors in the US and China in second-half 2020, persistently robust demand for notebooks and tablets supporting remote work and study, as well as its flexible production capacity adjustments, despite the pandemic, US-China trade tensions and depreciation of the greenback.
The company will register a strong first-half in 2021, bolstered by volume HDI shipments for new iPad and MacBook series and for high-end notebooks at non-Apple vendors, apart from stable sales to Chinese handset clients, according to industry sources.
