Ralec Electronics has seen its plants run at full capacity, producing 15-16 million chip resistors a month, according to industry sources. The high utilization is buoyed by strong demand for DDR3 modules and handsets.
Ralec has cut into the handset and DRAM module supply chains of Korea-based companies through cooperation with a local IC distributor, the sources indicated. The business contributes about 20% to the chip resistor's total revenues, the sources estimated.
Ralec generated record consolidated revenues of NT$230 million (US$7 million) in July, up 16.8% on month and 60.7% on year. Consolidated revenues for the second quarter grew 27.8% sequentially to NT$626 million.
Market watchers expect Ralec's consolidated revenues to grow 5-10% sequentially in the third quarter. The estimated growth rate is relatively moderate due to a particularly strong second quarter.
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