Taiwan PCB manufacturers are expected to land more orders, particularly for high-end HDI PCB boards, from Xiaomi Technology as the China-based vendor has begun to ramp up shipments of its tablets in addition to smartphones, according to industry sources.
HDI PCB board vendor Compeq Manufacturing, flexible PCB (FPCB) vendors Zhen Ding Technology Holding, Career Technology and Ichia Technologies, as well as rigid-flex pcb manufacturer T-Flex Techvest PCB, have entered Xiaomi's supply chain, the sources revealed.
T-Flex Techvest saw its revenues soar 33.1% to NT$95 million (US$3.16 million) in April, thanks mainly to rigid-flex pcb orders from Xiaomi, the sources noted, adding that the company is expected to see its sales continue to move upward in May and June.
T-Flex Techvest also managed to swing back to profitability in the first quarter of 2014 with an EPS of NT$0.44, according to the company.Xiaomi shipped 5.8 million smartphones in March and a total of 11 million units in the first quarter of 2014, according to company data.
Xiaomi is expected to ship about 50-60 million smartphones in 2014, higher than its target of 40 million units, according to the latest industry estimate.