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Weak iPhone sales affect December performance at Taiwan panel makers

  • Author:Nora
  • Release on :2016-01-09

Several Taiwan touch panel makers have reported more than 30% on-month revenue declines for December 2015 as a result of weak iPhone 6s and 6s Plus sales.

TPK Holding for example reported consolidated revenues of NT$7.809 billion (US$235 million) for December 2015, representing a 37.91% drop on month and 41.24% drop on year.

The drop in revenues also influenced TPK's revenues for 2015, which dropped 6.3% on year.

Integrated touch display solutions maker General Interface Solution (GIS), which also has been providing Apple with solutions, saw its revenues drop 31.91% on month in December as a result of weakening Apple sales.

However, GIS reported a 38% on-quarter increase in revenues during the fourth quarter of 2015 due to orders from other customers.