TPK Reports 18% YoY Sales Decline
TPK Holding’s May revenue climbed 13.9% month on month to NT$8.9 billion ($286.4 million), though this was 18.1% lower than May 2014. The company has forecast that revenue in the second quarter will decline 15-20% sequentially, primarily because of reserve adjustments from smartphone and tablet vendors, though wearable device sales will remain steady. As a … Read more