Jann Cherng to ramp up in-house production of etched aluminum foils
The company said it currently imports about 80% of etched aluminum foils, the key material for the production of formed aluminum foils, from Japan and produces the remaining 20% in-house.
The company said its performance has been affected by imported etched aluminum foils. As etched aluminum foils account for 70% of total production costs, the company needs to increase the internal supply of the key materials.
However, with current order visibility extending to less than one month, the company said it is not positive about the outlook for the first quarter of 2012.
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