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  • 2018.05

    • Wah Lee Industrial announced its April 2018 unaudited consolidated sales of NT$4,456M

    May 11, 2018  Wah Lee Industrial Corp. (3010.TT) announced April 2018 unaudited consolidated sales of NT$4,456M, a 44.02% growth from the same period last year; Cumulative 2018 Jan.-Apr. consolidated sales was NT$16,096M and increased by 31.05%, compared to the same period last year, setting record high because of strong growth momentum from different sectors.

    The recent hit of Nintendo Switch has prompted the sales of gaming machines again.  Sony PS4 and Microsoft Xbox have also benefitted from the rising interests by consumers on the gaming machines.  The related equipment sales had grown by over 33% in 2017.  For the power supply of these gaming machines, it will utilize the high-end materials of heat-tolerant engineering plastics.  Wah Lee has long been the leading supplier of these types of engineering plastics and has been steadily providing these materials to the power supply makers for the gaming machines.

    Wah Lee’s leading position in semiconductor materials is also obvious.  Wah Lee has been providing photoresist, bulk chemicals, and specialty gases to semiconductor customers in Taiwan, China, and Singapore.  The Chinese semiconductor fabs are growing especially fast with the support of government encouragement.  The semiconductor sales of Wah Lee in mainland China in the first 4 months has grown by more than 40% on the YoY basis.

    Wah Lee also played an important role in the FPD industry.  Wah Lee has been supplying FPD related materials and equipment to the Chinese heavy weight panel makers.  In recent years, the Company has tapped into US and EU markets with its next-generation electronic products.  Wah Lee’s FPD sales had started to grow significantly in last year.  The cumulative Jan.-Apr. FPD sales has more than 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 made a record high sales for the first 4 months in this year.  The sales reached NT$16,096M and increased by 31.05%, compared to the same period last year.

    Sectors

    Jan.-Apr. 2018 Sales %

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

    45.8%

    Semiconductor

    20.9%

    FPD (TFT LCD, touch panel)

    22.7%

    Green Energy (solar, LED, rechargeable battery)

    6.4%

    Others

    4.2%