TAIPEI -- Advanced Printed Circuit Board forecast third-quarter revenues to grow up to 5% sequentially.

The PWB fabricator said sales in the months of August and September would be in line with July revenues of NT$544 million ($17 million).

The company indicated customers are lowering orders, and capacity utilization at its massive Kunshan, China plant, is down five percentage points to 80 to 85%, DigiTimes reported.