Mar 28, 2002 Taiwan
Taiwan-listed Compeq Manufacturing Co Ltd, a manufacturer of printed
circuit boards (PCBs), has reported that its US-based plants recorded
losses of between T$20m-T$30m each for the first two months of 2002,
with capacity-utilisation falling to 50 per cent. The company is
expected to achieve pre-tax earnings per share exceeding T$2 for 2002
with a 20 per cent year-on-year rise in operating revenues to T$20bn. Operating revenues from network products are predicted to account for
15 per cent of the company's total revenues in the year. Compeq
Manufacturing has, for the first time, received subcontract orders from US-based EMC. Orders from EMC are expected to increase in the second
half of 2002.
