Tm Technology, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 01:10 pm EDT
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TM Technology, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 142.684 million compared to TWD 135.644 million a year ago. Operating loss was TWD 7.483 million compared to TWD 47.333 million a year ago. Net loss was TWD 9.567 million compared to TWD 68.709 million a year ago. Basic loss per share from continuing operations was TWD 0.48 compared to TWD 3.47 a year ago.
TM Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of integrated circuit (IC) chips and related components. The Company is also engaged in the provision of related technology and consultancy services. The Companyâs principal products include the optical communication ICs, light emitting diode (LED) ICs and flash memory controller ICs, such as fiber to the home (FTTH) integrated ICs and LED driving ICs. The Company mainly operates through two business segments: the TM Technology, Inc. segment and other operations segment. The Company distributes its products in domestic market and overseas markets, including the Mainland China and the rest regions of Asia.