Touch panel maker Young Fast Optoelectronics has begun adjusting its production capacity through concentrating production at its factories in Vietnam and southern China since the third quarter of 2013, in a bid to minimize production costs, the company said at a November 12 investors conference.

　　The move is aimed at combating the increasing competition from China-based makers, especially Shenzhen O-film Tech, which are offering low prices to compete for orders, Young Fast said.

　　As Samsung Electronics, Young Fast's main client, plans to increase production in Vietnam to cope with continual wage hikes in China, Young Fast hopes that its Vietnam factory can give it an advantage in landing orders from Samsung in 2014.

　　Young Fast recorded consolidated revenues of NT$2.14 billion (US$71.8 million), gross margin of 0.79%, net operating loss of NT$250 million, net loss of NT$299 million and net loss per share of NT$1.97 for the third quarter of 2013.