Freescale said operating revenue in 2017 continued its steady growth mainly due to the growth of mobile phone projects. However, the main reason for the decline in net profit was that some of the Company's new projects have entered mass production but production capacity has not yet been fully released. Profits have a certain impact; in addition exchange rate fluctuations led to increased exchange losses.
It is understood that, Fei Rongda mainly engaged in electromagnetic shielding materials and devices, thermal materials and devices research and development, design, production and sales, to provide customers with electromagnetic shielding and thermal solution applications. In the field of mobile phones, ZTE and other domestic mobile phone brands gradually increase their market share. In addition, the demand for electromagnetic shielding and heat-conducting devices in communications equipment and computers is very strong. It is expected that after the release of new production capacity, Freescale will gradually increase its profitability in various fields.