Gold Circuit looks to swing back to profitability in 2014

PCB manufacturer Gold Circuit Electronics expects its operations to swing back to profitability in 2014 thanks to brisk sales of server and HDI PCB boards. Sales of server-use boards currently account for 50% of Gold Circuit's total revenues.

Server-board orders received for April and May have been strong, pushing the capacity utilization rate of its server-board lines up to 80-90% at present, said the company.

Revenues for the second quarter of 2014 are expected to grow at least 10% from the previous quarter, the company estimated. First-quarter revenues reached NT$4.09 billion (US$135.29 million), up 3.3% on year.

Meanwhile, the company's PCB factory in Changshu, China is currently running at full capacity thanks to orders for HDI PCB boards from white-box handset makers in China.

Gold Circuit posted a net loss of NT$874 million in 2013, a significant improvement from the losses of NT$1.77 billion a year earlier.

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