TAIPEI -- C Sun Manufacturing is forecasting consolidated revenue growth of 20 to 30% in 2011, according to the company president.
Growth will be driven by rising demand in the semiconductor, solar and touchscreen panel segments, Webber Wong says.
C Sun announced consolidated revenues of NT$335 million for November 2010, down 3% sequentially. The company estimates consolidated sales for the fourth quarter would decrease about 15% sequentially, due to seasonality, after setting a third-quarter high of NT$1.18 billion.
The company's book-to-bill ratio should remain above 1.0 through January 2011, said Wong, adding that the outlook for the year is optimistic.
C Sun's PCB and LCD equipment should account for 40% and 35 to 40%, respectively, of the company’s overall sales in 2010. Its recently-developed PV manufacturing equipment and products used in semiconductor manufacturing have great potential for future growth, he added.