HDI PCB specialist Compeq Manufacturing expects sales growth through the third quarter of 2021, as its additional output arrives to satisfy growing end-market demand.
Compeq said its HDI capacity has been fully booked for first-half 2021 thanks to strong demand for application to 5G handsets, high-end servers, notebooks, and tablets, as well as SSDs, automotive electronics, game consoles.
The company disclosed its production complex in Chongqing, China will ready new capacity for high-end HDI boards in the second half of the year, which will help ease its tight capacity for HDI offerings.
Besides the Chongqing base, Compeq operates another two plants in China, with the Huizhou facility engaged in production of HDI boards, traditional PCB, rigid-flex boards, flexible PCB and backend SMT operations, and its Suzhou plant mainly handling prototyping and SMT operations. Compeq also has two plants in northern Taiwan dedicated to high-end HDI boards and other PCB offerings for niche applications.
Compeq is also expected to ramp up its shipments of flexible PCB products for handsets and wearable devices in 2021, as it has landed FPCB orders for battery management modules adopted in iPhone and Apple Watch series, industry sources said, adding that FPCB shipments, with higher profitability than rigid-flex boards, are expected to become a new profit growth driver for Compeq.
Compeq is also ready to gain growth momentum from PCB shipments for low-orbit satellites, as it has joined the supply chain of the Starlink project being enforced by US aerospace firm SpaceX, the sources said.