Christopher Associates Announces Growth Prediction for Csun Manufacturing in 2011

Csun Manufacturing likely will see consolidated revenues grow 20-30 percent in 2011 according to company president Webber Wong. The growth is expected to be driven by rising demand from the semiconductor, solar and touch screen panel segments.

December 2010 ― Christopher Associates today announced that Csun Manufacturing likely will see consolidated revenues grow 20-30 percent in 2011 according to company president Webber Wong. The growth is expected to be driven by rising demand from the semiconductor, solar and touch screen panel segments.


Wong commented that Csun's book-to-bill ratio should remain above one through January 2011 and the business outlook for the entire year is optimistic. He also revealed that sales of Csun's PCB and LCD equipment would account for 40 and 35-40 percent respectively of the company's overall sales in 2010.

Wong commented that sales of Csun's recently-developed PV manufacturing equipment and products used in semiconductor manufacturing have great potential to contribute to the company's future growth. Additionally, he indicated that visibility on orders from the touch panel sector appears brisk and that sales generated from the segment are expected to increase substantially in 2011.

Csun announced consolidated revenues of NT$335 million for November 2010. The company estimated that consolidated sales for the fourth quarter would decrease about 15 percent sequentially due to seasonality.

Csun's consolidated revenues for the third quarter climbed to NT$1.18 billion, a quarterly high. The company generated pre-tax profits of NT$163 million, or NT$1.06 per share, in the quarter. Pre-tax profits for the first three quarters of 2010 were NT$375 million or NT$2.44 a share.

For further information, visit www.christopherweb.com or contact:

Michael Moreau
Business Development Manager
Christopher Associates Inc.
3617 W. MacArthur Blvd.
Santa Ana, CA 92704
714-979-7500
E-mail: mike.moreau@christopherweb.com

###

Featured Product

Raptor Maps - The integrated operating system for end-to-end solar management

Raptor Maps - The integrated operating system for end-to-end solar management

Operate autonomous drones and other robotics technology on your solar farms with Raptor Maps' robotics operations platform. Our end-to-end solution allows you to build and schedule data collection missions, to analyze collected data through our analytics engine, and to address identified issues through our remediation intelligence suite. From construction monitoring to substation inspections to SCADA-alert generation missions, Raptor Robotics gives your team unparalleled insights into the health and status of your project. Improve the safety, efficiency, and scale of your operations with Raptor Robotics.