Taiwan Surface Mounting Technology (TSMT), an LCD surface-mount technology (SMT) solutions provider, started trading on the main board of the Taiwan Stock Exchange (TSE) on August 24. Its share price opened at NT$66.20 (US$2.07).

TSMT reported consolidated revenues of NT$10.35 billion (US$324 million) for the second quarter of 2010, a quarterly record. Company chairman Wu Kai-Yun was quoted in previous reports saying consolidated revenues for the full year are expected to grow 30% from 2009.

Wu also revealed TSMT's plans to add new production lines in China, as the company is gearing up to expand its customer base in the region's white-goods market. TSMT has cut into the supply chain of Haier.