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TPK Aims for Profit in Q2 Supported by Urgent Orders and AI Robotics Strategy

TPK Aims for Profit in Q2 Supported by Urgent Orders and AI Robotics Strategy

Touch panel manufacturer TPK宸鴻 held its shareholders' meeting on the 11th, where Chairman Jiang Chao-Wei revealed that operations in Q2 are expected to exceed expectations, driven by a surge in urgent orders from clients, potentially leading to a profit turnaround.

He noted that the company is actively positioning itself in the AI robotics and LiDAR markets, with products already reaching American clients and expected to begin shipping as early as next year. Additionally, the eBook business has also achieved success, securing a significant contract in Europe and entering mass production.

Jiang explained that, due to delays in U.S. tariff policies, many clients brought forward their orders in Q2, allowing TPK to benefit from this urgency. Revenue for April and May remained above NT$6 billion, and June is anticipated to maintain a high level, ensuring overall quarterly performance.

In new business developments, TPK's collaboration with LiDAR manufacturer Luminar is deepening, evolving from simple contract manufacturing to involvement in product design and development, aiming for mass production of automotive products by 2027.

In the rapidly growing AI robotics application sector, TPK's LiDAR products have been selected by American clients for installation in unmanned freight vehicles, with shipments expected to begin next year, marking its entry into the AI robotics market. The eBook segment is also showing promise, as Jiang announced that the company has secured orders from major European firms and commenced mass production from the first quarter, with estimated contributions for the year reaching tens of millions of dollars, maintaining stable shipments with minimal seasonal fluctuations.

To mitigate geopolitical risks, the company is establishing a new factory in Thailand with an investment of NT$1 billion to build a new touch panel production line, expected to be completed in December this year and operational in the first half of next year to meet international demand from major clients. Jiang expressed optimism about TPK's performance in the first half of the year, with Q2 expected to turn a profit and the second half dependent on developments in U.S. tariff policies. However, if market demand remains stable, full-year performance is likely to exceed last year's results.