Due to the arrival of the cargo drawing season for American customers, especially the mass production of imported new plates with MiniLED, the legal circle estimates that the revenue of Table Division of the assembly plant in the third quarter is expected to challenge the quarterly increase of 20%.
Due to the intensification of the epidemic in mainland China, many cities in the second quarter of lockdown, until close to June to return to normal, the second quarter of Taiwan Table Technology revenue 15.38 billion yuan (NT $, the same below), a quarterly decrease of 15%, 2.38% annual decrease, the cumulative revenue in the first six months of this year 33.51 billion yuan, an annual increase of 23%. The company earned 4.18 yuan per share in the first quarter.
Looking forward to the third quarter, due to the continued weak TV, there is no sign of recovery at the panel end, but the second quarter is closed due to the epidemic, and the base period is not high. In addition, it is the busy season for American customers, especially American customers will launch miniled new types of tablets in large quantities. Therefore, it will become the main driving force for the revenue growth of Table Division in the third quarter. The company third-quarter revenue is expected to rise 20 percent, and its gross margin is expected to rebound to 13 percent.