Carclo receives $10m pre-payment for touch sensors

Carclo, based in Osset, West Yorkshire, has developed touchscreen technology for tablet PCs and mobile phones, which is being commercialised by business partner Atmel as XSense. Carclo has an exclusive 10-year deal with the US corporation.

Carclo also said that Atmel, a semiconductor manufacturer, has reported additional “significant” design wins for XSense products, which will support planned growth in its Conductive Inkjet Technology (CIT) arm in the second half of this calendar year.

Carclo also commented on weaker schedules in technical plastics in December and early January that it reported previously.

In today’s trading update it said that “firm demand returned in February and is continuing in March, but we do not expect to recover the sales shortfalls in December and January”. This will result in lower sales in technical plastics than originally forecast for the full year, said Carclo.

As planned, and previously announced, Chris Malley will take over from Ian Williamson as chief executive of Carclo on March 27.