Thanks to increasing touch panel shipments to Apple for iPad, Wintek has posted an EPS of close to NT$1 (US$0.032) for the third quarter of 2010, higher than market expectations. Wintek is expected to see its profits continue growing in the fourth quarter.

Meanwhile, Wintek also announced plans to issue 150-200 million new shares in the form of global depositary receipts (GDR) aiming to raise new funds totaling about US$290-387 million (NT$9-12 billion).

The GDRs are expected to launch in early 2011 with proceeds to be used to purchase equipment and raw materials from abroad.

Wintek also announced consolidated revenues of NT$19.16 billion, pre-tax profits of NT$1.36 billion and net profits of NT$1.239 billion for the third quarter. For the first nine months of 2010, revenues totaled NT$39.85 billion, pre-tax profits were NT$683 million and net profits reached NT$566 million.