“Touch panel maker TPK Holding suffered a net loss per share of NT$7.28 (US$0.228) for the second quarter of 2016, the company disclosed at a July 28 investors conference,” Siu Han and Adam Hwang report for DigiTimes.
“The large loss for the second quarter was mainly because touch panel orders for iPhones continued to decrease, and Apple will change touch panel technology from G/G [glass-glass] to OGS (one glass solution) in the new Apple Watch to be launched in the second half of 2016, TPK said,” Han and Hwang report. “The change in touch panel technology involved unexpected technological difficulties and therefore yield rates for OGS touch panels were much lower than expected, TPK explained.”
Read more in the full article here.
MacDailyNews Take: Apple execs are surely thrilled with yet another supplier, which is presumably under NDA, leaking like a sieve in a tsunami.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]