Zhen Ding is currently the largest FPCB supplier for Apple and plans to invest over US$100 million to further ramp up its production capacity in 2014 due in part to increasing FPCB demand from Apple for production of its large-size iPhones and iPad products, said the sources. Flexium's capex for 2014 is expected to reach NT$1.5-2 billion (US$49.6-66.12 million), mainly for ramping the output of its mid-range and high-end FPCB products, noted the sources, adding that Flexium is likely to see its revenues grow over 20% in 2014. Career plans to set aside NT$1 billion to expand its production capacity in Taiwan and China in 2014, revealed the sources.
This report corroborates another released yesterday by the Economic Daily which cited an alleged bill of materials for the device and claimed that Apple had asked suppliers to start delivering items in August. Quanta Computer is said to be the manufacturer of the smartwatch.
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