The non-audited sales revenue for connector and cable assembly manufacturer, SINBON (TSEC#: 3023), in July is NT$1.055 billion which increased by 2.07% and 3.68% over 2015 June’s revenue of NT$1.034 billion and 2014 July’s revenue of NT$1.018 billion. The non-audited accumulated sales revenue for the last seven months is NT$7.203 billion, which is a growth of 6.23% over the same period of 2014.
According to SINBON, the accumulated sales revenue for July is NT$1.055 billion which is the highest record for a single monthly sales revenue this year. The accumulated sales revenue for the last seven months is NT$7.203 billion which is also the highest for July in company record. The major reason of growth is the increasing demand of cable assemblies and connectors of green energy, medical and personal care devices, automotive, wireless communication and electronic peripheral components. Among all, green energy is in a blooming period and its monthly growth rate is 1.44%. The shipment of medical and personal care devices is benefited by the increasing demand of medical examination machinery in Mainland China and its monthly sales revenue in July has filled up the gap that generated in previous month with a monthly growth rate of 14.45%. The demand of automotive in Mainland China is with a downward tendency, however, the shipment increased of 5.58% as there was a need for customer’s inventory. With the risk management, SINBON has started to emerge into European countries. As for communication and electronic peripheral components, sales revenue for mobile devices in Mainland China has rebound slightly so growth rate of the shipment is 7.12% over June under the situation of increasing orders from customers.
SINBON is aiming at next target of aviation application component supplying. It has signed a MOU with its strategic partner, Ray Service a.s., from Czech Republic on establishing a new company named as “Ray Service ADA Corp.”, which is a collaboration of Ray Service’s expertise in aviation components making and SINBON’s capabilities in cable assembly and R&D. The new company is aimed to be a major supplier for aviation industry in Asia Pacific region. Upon the research data by Taiwan Aerospace Industry Association, demand for aircraft team in Asia Pacific region surpasses over other areas along the trend of economic blooming in new emerging markets, the value of the potential market in aviation is expected to be over USD2 trillion. The potential market could be a big source of SINBON’s sales revenue.
Upon sales revenue by each product category, cable assemblies take about 65.76%, while connectors and other components/accessories take about 34.24% of total sales revenue.
Broken down by each field, the total shipments are: communication and electronic peripheral components (29.37%); industrial control related (28.91%); green energy and ecology related (21.48%); medical and personal care devices (11.10%); automotive (9.14%).