Home Update ASE, PTI put up income decreases in 1Q19

ASE, PTI put up income decreases in 1Q19

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Major Taiwan-based backend homes ASE Technology Holding and Powertech Technology (PTI) have each reported sequential decreases of 22.1% and 13.2%, respectively, in consolidated revenues for the primary quarter of 2019.

Formed because of Advanced Semiconductor Engineering’s (ASE) merger with Siliconware Precision Industries (SPIL) in April 2018, ASE Technology reported March consolidated revenues grew 12.7% sequentially to NT$29.57 billion (US$958.6 million). Sales of the group’s IC meeting, testing and materials unit elevated 14.4% on month to NT$16.68 billion.

ASE Technology indicated its core IC ATM enterprise generated revenues of NT$54.37 billion within the first quarter of 2019, down 15.2% sequentially, whereas the group’s consolidated revenues got here to NT$88.86 billion.

ASE Technology disclosed beforehand the group shall be enhancing its system-in-package (SiP) and fan-out packaging choices in 2019. Annual revenues generated from the group’s SiP and fan-out packaging are anticipated to develop by US$100 million and US$50-100 million, respectively, within the subsequent few years.

ASE Technology additionally expects the synergy combining the group’s IC ATM experience with Universal Scientific Industrial Shanghai’s (USI) specialization in module-level manufacturing companies will assist develop its enterprise within the 5G subject.

Memory backend specialist PTI introduced consolidated revenues of NT$4.92 billion for March 2019, up 13.3% on month however down 12.9% from a yr earlier. Consolidated gross sales for the primary quarter arrived at NT$14.43 billion, down 9.3% from the identical interval in 2018.

PTI was quoted in earlier stories indicating the corporate shall be conservative about capex this yr, with superior packaging and new expertise R&D remaining the main focus of its capex.



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