[TechWeb] News on November 6th, touch chip manufacturer Yilong recently announced its October revenue report. Elan’s October revenue was NT$1.432 billion (about 330 million yuan), a year-on-year increase of 44.61%.

Yilong

Elan said that due to the reduction in working days and the tight fab production capacity, which led to insufficient supply of chips, its monthly revenue fell 16.66% from the previous month.

Earlier this week, Realtek executive Huang Yiwei also said that the current fab capacity is fully loaded and worried that insufficient wafer capacity will affect the company's revenue.

Elan's cumulative revenue from January to October 2020 reached NT$11.884 billion, a year-on-year increase of 53.05%.

Elan stated that the global annual shipments of notebooks exceed 190 million units. Consumer and educational notebooks are the main source of growth in the size of the notebook market this year. In particular, the demand for educational notebooks will be strong in the second half of the year, making the fourth quarter operations expected to show off-season performance.

ELAN specializes in Touchscreen Controller, Touchscreen Controller with Pen, Touchpad Module, Pointing Stick, and Biometric Chip (including Fingerprint and face recognition) R&D and overall solutions. Among them, the chip market for global laptop applications (touch screen chips, touch panel modules & pointing devices occupy the first place in the global laptop market) is in the forefront.

Elan was established in 1994 and its operating headquarters is located in Hsinchu Science Park, Taiwan.