Altek Corporation named as Sony handset supplier
By Ted Chen, The China PostTAIPEI, Taiwan -- Altek Corporation (華晶科) has been listed among a set of companies to supply Sony with a number of key smartphone components, including camera modules, batteries, and graphic processing units, according to reports.
September 12, 2013, 12:12 am TWN
According to institutional investors, the company has successfully transitioned its contract manufacturing operations from cameras to optical modules, while establishing a foothold in the supply chains of the world's leading smartphone makers. Institutional investors also said that in addition to Sony, the company is poised to take on orders by two other major handset brands, and set to bolster the company's operating results in the critical post-transition phase in its new role in the industry. The company's price earnings ratio is expected to increase as the company takes on orders for higher-tiered optical modules, said institutional investors.
The company is expected to supply modules for Sony's upcoming Xperia Z1 handset, a flagship model featuring a 5-inch screen and most notably a 20.7-megapixel rear camera. The handset is also compatible with an optional attachable lens unit linked via NFC or WiFi connectivity, which recently enjoyed a warm reception at the IFA industry trade show in Berlin.
Sony has stated its intent to take South Korea-based LG's third position in the global ranking of smartphone market share.
Altek's transition was three years in the making, during which time the company experimented with launching its own branded smartphones, which was a short-lived endeavor. In time, the company's performance improved with new offerings of a wide variety of optical solutions designed for the smartphone market, including camera units, graphical processing units, software, and batteries.