TAIWAN – Nan Ya Printed Circuit Board reported November revenues of $82.4 million, down 1.4% sequentially.
The firm expects December revenues to drop further as its partner, NGK Spark Plugs, loses Intel orders. NPC forecasts a revenue decline to $77.6 million to $80.7 million this month.
Analysts predict fourth-quarter revenues to be flat or decline up to 5%.
Nan Ya is one of the world's 10 largest PCB makers.
NGK’s agreement with Intel will end in March, after which the company will focus on making substrates for AMD processors.
NPC and NGK will maintain their partnership, say published reports.