Rumored PCB supplier for iPad and MacBooks sees profits surge 100%

100 prfit surge supplier rect

A rumored PCB supplier for the iPad and MacBook reported a nearly 100% increase in profits in Q1 of 2020, accounting for $42.2 billion according to a new report today by DigiTimes. The supplier’s gross margins also reportedly increased by 17.63%, meeting revenue of NT$17.512 billion.

Zhen Ding said the impressive profit was mainly driven by growing penetration of its flexible boards for non-handset applications which have seen strong demand amid the coronavirus pandemic to support remote work and learning. The company reportedly is a supplier for iPad and MacBook, and expects the shipment ratio for iPad series to grow to 25-30% in 2020, industry sources said.

Alongside its rumored supply of flexible PCB boards for the iPad and MacBook, the company plans to venture into non-handset devices, and will, “expand its customer base and develop more and technology-intensive PCB products to provide clients with one-stop shopping services.”

DigiTimes also reports that the supplier says its supply of SLP or substrate-like PCB products will “be larger than ever” and that it’s working to improve yield rates to better satisfy customers.

Default image
Sami started falling in love with Apple in 2010 with the iPhone 4S. As a registered developer, he deeply admires the world of Apple. Sami is an aspiring journalist, writer, and actor. He also has devoted his life to sharing his passion and knowledge with others around the world.