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Oversupply Drives Mutto Optronics Exit Touch Screen Market
Published: Nov 11,2013Mutto Optronics became the first Taiwanese touch panel manufacturer to exit China after announcing that it will sell their manufacturing plant in Suzhou.
In the circumstance of oversupplied touch screen, due to the traditional panel manufacturer and China-based company entering into the market, many companies are forced to adjust their productivity and some manufacturing plants were shut down in Wintek and CANDO Hsinchu factory.
Oversupply Drives Mutto Optronics Exit Touch Screen Market
Mutto Optronics became the first Taiwanese touch panel manufacturer to exit China after announcing that it will sell their manufacturing plant in Suzhou...
Unbearable continuous loss has been driving Mutto Optronics to sell its company-owned Suzhou plant and close their touch screen business to be the first Taiwanese company producing touch screen out of China.
Chen Tung-Nan, CEO of Mutto Optronics, said that most overseas orders are comes from US and Taiwan focusing on large and medium size notebook, which business will be took charge of by Taipei’s office and they will have another plan for the whole company.
For now, F-TPK is the only Taiwanese corporate gaining huge profit in the field of touch screen market but the others, such as Wintek, JTOUCH, YOUG FAST , make the loss.
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