Telechips posted third-quarter revenue of 63.33 billion won and operating profit of 492 million won, it said on Wednesday. Revenue rose 26.0 percent from a year earlier and the company swung to an operating profit. The operating margin rose to 0.8 percent from minus 5.4 percent a year earlier.

From the previous quarter, revenue rose 7.0 percent but operating profit fell 84.5 percent from 3.18 billion won. The company extended its streak of operating profit to four straight quarters, but quarterly profit narrowed.

Net profit was 1.63 billion won. It swung to profit from a net loss of 4.01 billion won a year earlier and a net loss of 4.10 billion won in the previous quarter.

The sales increase was led by cluster and head-up display products. Revenue from the two product groups rose about 40 percent from the previous quarter, in addition to sales of its existing mainstay in-vehicle infotainment products. The company said higher exports to Asia, including Japan, China, Thailand and India, offset the burden from a weaker exchange rate.

Revenue for the first three quarters totaled 188.58 billion won, up 34.9 percent from a year earlier. Operating profit came to 9.79 billion won, swinging from an operating loss of 8.87 billion won a year earlier, and profit and loss improved by about 18.7 billion won, the company said. It added that the cumulative net loss stood at 1.52 billion won.

A Telechips official said, "In the third quarter, despite the burden on revenue and profitability from a weaker exchange rate, we were able to continue revenue growth on increased sales of cluster and HUD-related products and growing exports to Asia, including Japan, China, Thailand and India." The official said, "We plan to continuously strengthen growth potential and profitability by expanding our automotive semiconductor product portfolio, including cluster and HUD, in addition to sales of our existing mainstay IVI-related products, and by developing overseas markets."