Forseeing a slowdown of demand of touch panels, Twinwill Optronics Inc. (TOI) (ROTC: 5253) has initiated its transformation plan since 2014, targeting high-margin niche markets to break from worsening price competition. TOI published its financial figures of the first half of year 2015. Although it showed a slight drop of operating income, the operating profit exceeded USD 33 hundred thousand. Meanwhile, there is a 400% growth of gross profit comparing to last year. The figure fully shows an effective transformation plan in place that stands the test from harsh environment.

The gross profit and gross profit rate of TOI amid recession show a proper control of operating cost for the first half of this year. TOI has been a leader among LCD makers for more than a decade. Facing a vicious cycle, it continues to develop new processes, new technologies, new products to reinforce cost benefit and competitive advantage; it also conducts an effective “Blue Ocean strategy” to break from cut-throat competition.

For year 2015, TOI declares that it has adjusted its product mix and improved the manufacturing process; it strives to improve product margin, and is committed to marketing to new clients. Also, TOI will reinforce competitive advantage by a gradual upstream-downstream integration. Through deepening manufacturing processes, it will meet the more comprehensive demand of “One Stop Shopping”.

In addition, TOI is dedicated to expanding its R&D capability of software, linking with current abundant skills and experiences in hardware manufacturing; it also aims to provide a full range of services, strengthening the company’s image, and intensifying the competitive edge during global advancement.

The company views customers as their assets, and is dedicated to becoming a trusted partner for mutual success. They believe that through the innovative action last year, they will fulfill a complete departure from traditional electronics OEM and manufacturing and deliver the determination of becoming an international brand. In the long run, the process of transformation will not only facilitates a sustainable growth, but provide customers with more comprehensive and integrated services.