According to various media reports, Apple removed OFILM from the supply chain list, and all iPad touch orders returned to Taiwanese factories, which were supplied by Yecheng GIS and Chenhong TPK.
The report pointed out that the low-priced version of Apple iPad was previously supplied by OFILM and two Taiwanese manufacturers GIS and TPK. The proportion of the three suppliers is similar.
Regarding the current news on the market, OFILM did not deny any further, only saying that it is currently verifying the company’s relevant information on the supply chain list removed by Apple. However, this news has already dealt a heavy blow to OFILM’s stock price. Today, OFILM immediately gapped the limit at the opening of the market and was strongly blocked.
According to the official website of OFILM, the company was established in 2002 and listed on the Shenzhen Stock Exchange in 2010. Its main business includes micro-camera modules, fingerprint recognition modules and other microelectronics businesses, touch screen and touch Display full-laminated modules, and smart automotive electronics. And services are widely used in consumer electronics and smart cars represented by smart phones, tablet computers, smart cars and wearable Electronic products.
In November 2016, OFILM purchased the entire equity of Sony Electronics South China Co., Ltd. for US$234 million, and got the ticket to enter Apple’s supply chain. Since then, OFILM has relied on smart equipment manufacturers such as Apple and Huawei, and its performance and profit performance have been soaring.
The company’s semi-annual report just released not long ago shows that in the first half of 2020, the company achieved operating income of 23.465 billion yuan, which was down 0.53% year-on-year due to the independent development of Android’s touch control business, but the net profit attributable to shareholders of listed companies reached 502 million yuan. , A significant year-on-year increase of 2292.28%, mainly due to the increase in orders from some major customers during the reporting period. The optical business continued to maintain rapid growth, and shipments of camera modules and optical lenses increased. At the same time, it benefited from the increase in sales of major customers’ tablet PCs and touch business. The structure is optimized and the company’s overall profitability continues to improve.
From the expression of “tablet PC sales growth and touch control business structure optimization”, Apple should be the “big customer” that Ou Feiguang refers to. OFILM’s mid-year report shows that the company’s Android customer camera module operating income fell by 0.02% year-on-year, while the operating income of non-Android modules rose 95.95%. If the rumors that Apple has been removed from the supply chain are true, it may be difficult for OFILM to make “continuous improvement in overall profitability.”
According to analysis, the news that Apple has removed OFILM from the supply chain list is likely to be related to the fact that OFILM was included in the entity list by the United States.