As reported by Taipei-based technology news site Digitimes, Taiwan electronic connector makers Foxlink and Sinbon Electronics each reported month-on-month January consolidated revenue declines of NT$6.443 billion (US$218 million) down 14.64%, and NT$710 million, down 0.62%, respectively. The on-month decline in January is believed to have been caused by the European bond crisis, with seasonal factors also playing a factor, according to the companies.
However, both firms said that since their clients are still optimistic about the market's future, they believe that the first quarter should be the year's weakest, with revenues expected to rise consistently for the rest of the year. Notably, Foxlink reported that its January consolidated revenues rose on year by 21.96%, with Sinbon's rising 4.68%.
Source: Foxlink, Sinbon January revenues down sequentially (digitimes.com)
