Wednesday, September 12, 2012

Pixart Sales, Margins Growing

Digitimes sources expect that Pixart continues to supply sensor bars for the new Wii U, to be launched on Sept. 13.

Pixart has reported revenues of NT$333M (US$11.2M) for August, up over 40% on month and 24.6% on year basis. The August figures are the company's highest in two years.

Shipments of sensors for gaming consoles and optical finger mice (OFM) will ramp up revenues by 40-50% sequentially in Q3, the company said earlier. Pixart posted revenues of NT$677M in Q2.

Pixart expects its gross margin to grow to 43-45% in Q3 2012 compared to a range of 35-41% recorded in the previous seven quarters, thanks to a more favorable product mix.

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