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  • 2018.04

    • Wah Lee Industrial announced its March 2018 unaudited consolidated sales of NT$4,251M

    April 17, 2018  Wah Lee Industrial Corp. (3010.TT) announced March 2018 unaudited consolidated sales of NT$4,251M, a 27.86% growth from the same period last year; Cumulative 2018 Jan.-Mar. consolidated sales was NT$11,640M and increased by 26.68%, compared to the same period last year.

    The Chinese camera module business has been growing significantly.  The related industry has become world number two and has great industry values.  The underlying reasons include massive domestic smartphone demand and four leading Chinese smartphone brands taking up market shares.  Wah Lee has been developing raw materials for camera module optical lens for many years and had penetrated into the supply chain of these camera module players, including a world class camera module maker from China which even started to supply to the latest Korean flagship smartphone.  Chinese camera module makers have secured their positions in the global supply chain and consequently benefitted Wah Lee’s sales in the optical grade plastic raw materials for the camera lenses.  Wah Lee’s related optical plastic sales had more than doubled from a year ago.

    Wah Lee’s leading position in semiconductor materials is also obvious.  Wah Lee’s semiconductor customer has benefitted from the surging demand of IC chips for the mining machines for virtual currencies and from the demand in the high end nano manufacturing processes.  This has stimulated the demand for Wah Lee’s electronic grade semiconductor chemicals.  The company’s semiconductor sales performance in the 1st quarter has maintained its growth momentum.

    Wah Lee also played an important role in the FPD industry.  Wah Lee has tapped into US and EU markets with its next-generation electronic products in recent years and has been making significant progress in the supply chain of Chinese FPD industry.  Wah Lee’s FPD sales had started to grow significantly in last year.  FPD sales in 1Q18 has almost doubled from last year and is expected to make a great achievement this year.  Wah Lee showed very successful sales records in all of the aforementioned industries and therefore 1Q18 sales made a record high first quarter sales in history.  The 1Q18 sales reached NT$11,640M and increased by 26.68%, compared to the same period last year.

    Sectors

    Jan.-Mar. 2018 Sales %

    Computer/Communication(high-end engineering plastics & PCB)

    46.0%

    Semiconductor

    21.4%

    FPD (TFT LCD, touch panel)

    22.3%

    Green Energy (solar, LED, rechargeable battery)

    6.2%

    Others

    4.1%