Ta-I Technology, a supplier of chip resistors and protective components, saw gross margins reach 37.5% in the second quarter, according to data released by the company. The figure was 3.1pp higher than the 34.4% posted in the first quarter, in line with market expectations.

For the first half of 2010, gross margin stood at 36.23%, a significant improvement from 25.4% a year earlier.

Net profits for the January-June period reached NT$323 million (US$10.1 million), translating into an EPS of NT$1.65, the company said.

Meanwhile, the company has also decided to indirectly invest an additional US$35 million to ramp its capacity in China. The company previously targeted to roll out 300 million chip resistors a month by year-end 2010, according to a Chinese-language Economic Daily News (EDN) report.