Touch Panel Makers See Weak Performance in April

Taiwan’s three main touch panel manufacturers all performed weakly in April, in the face of growing competition from Chinese producers and reduced pricing.

Young Fast Optoelectronics reported sales of NT$243 million ($7.9 million), down 26.1% month on month and 65.5% year on year. JTouch saw sales drop 2.8% MoM and 42% YoY, which the company said was a result of losing orders from major customers in China. Hanns Touch Solution’s sales were down 65.5% YoY but the company said it expects to improve in the second half of the year thanks to touch panel orders from Samsung for its Galaxy S6 handsets.