YC Vietnam Plant to Add New OPP Tape Production Line in Early September
2003-08-08
(Reported by Peng Xuanyi, Industrial Times, Taipei) Plastic company YC (4306) announced that due to the rising prices of hydrogel and a gradual recovery in the electronics and information industries, the demand for tape products used in electronics and various packaging materials for the service sector will continue to show significant growth potential. With production lines in Taiwan and China fully utilized, YC's Vietnam plant, scheduled for mass production in the fourth quarter, will now add a new OPP tape production line in early September.
As production capacity continues to increase, YC's revenue in July reached NT$178 million, a 37% increase compared to the same period last year. For the first seven months of the year, the company's cumulative revenue totaled NT$1.087 billion, up 14% from the previous year.
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