December 21, 2007 – Tong Hsing Electronic Industries, based in Taiwan, said that it plans to extend its foothold into niche markets in 2008 and predicted that LED substrates and MEMS devices for projectors and the automotive sector will drive annual sales growth by more than 20 percent.
The combined sales contribution of products for niche applications, including high-frequency wireless and mixed-signal circuitry modules, already reached 80 percent in 2006, the company said. It predicts sales to hit $115 million in 2008.