Young Fast Optoelectronics said it expected to increase shipment of the touch panels, increasingly used in new mobile phones and PDAs, to 20 per cent of its output in 2010, compared with 15 per cent last year.
Digitimes is citing industry sources in Taiwan as suggesting the "increasing adoption" of touch panels by worldwide handset suppliers the main reason for the increase in demand.
Furthermore, those sources claim the touchscreen devices will account for more than 30 per cent of the global mobile communications market in the next 12 months with estimates of 400 million units being shipped to vendors.
However, in the case of this optoelectronics firm, its largest revenue source remains frameless resistive touch panels, although capacitive models are expected to become more significant to its production levels in the future.
Established in 2000, Young Fast brands itself as a 'risk-taker' in its quest to become a world class hi-tech firm.
It was one of the first to produce medium-sized touch screen panels to global mobile device markets and earned plenty of recognition in the process.
