Touch panel maker Young Fast Optoelectronics expects revenue growth in the fourth quarter of 2010 to be lower than the previously forecast double digit rate, as the company expects revenues in November and December to be lower, while it has also seen a drop in orders from its major clients recently.

Young Fast posted record revenues in October, and expected revenues in November to remain flat or set a new record. However, the expectation was dampened due to clients adjusting shipments downward. Hence, Young Fast's revenues in November and December will be lower than expected.

It is understood that Young Fast's decreasing revenues for November and December are due to a shipment delay of 7-inch touch panels for Samsung Electronics' Galaxy Tab, as well as seasonality for handsets.

Market sources estimated that November revenues will drop within 10% sequentially.

In other news, Young Fast has recognized an investment loss of NT$14 million (US$459,280) due to restructuring of Japan-based color filter (CF) maker AIS.