TAIWAN– The demand for flip-chip (FC) applications for May and June produced a 6% sequential increase in Q2 sales for Nan Ya Printed Circuit Board (NPC), and the company is forecasting 10% to 15% sequential growth for Q3 based on demand for FC, wire bounding and PCB applications. Increases result from new Intel packaging products and a growing demand from handsets and gaming machines.
 
Despite a Q2 decline in the company’s profit margins of approximately 3%, due to low utilization rates and ASPs for PCBs and PBGA substrates, non-operating income helped push Q2 income up 23% with EPS remaining at NT$2.69. Because of the recent stabilization in the cost of materials and the currency exchange rates, market watchers are predicting the company will see sales over NT$11 billion during Q3