Taiwan’s main wafer testing resolution supplier Chunghwa Precision Test Tech (CHPT) is anticipated to see its revenues for the second quarter of 2019 surge 10-30% sequentially on sturdy demand for vertical probing playing cards from the community communication phase and on further orders for check interfaces for handset AP chips and RF chips from China handset distributors, based on business sources.
The sources mentioned CHPT can also be prone to see a return of handset AP check interface orders from US purchasers by the top of June on the earliest, which can considerably drive up the agency’s revenues for the third quarter.
Meanwhile, CHPT’s US aerospace shopper has postponed the trial launch of satellites adopting the agency’s devoted PCBs to late second quarter or early third quarter. This, coupled with DRAM check interface options have but to make any income contribution and TDDI check options nonetheless pending ultimate validations, will make it not really easy for CHPT to have its 2019 income numbers keep on the identical stage as in 2018. This is regardless of comparatively higher cargo performances for RF, energy administration IC and ASIC check options.
CHPT’s consolidated revenues for the primary quarter of 2018 plunged 15.9% sequentially and 18.3% yearly, but nonetheless higher than market expectations. Its gross margin for the quarter declined by 1.8pp on quarter and 4.8pp on 12 months to 50.6%, the bottom single-quarter determine of its variety.
AP check options remained the most important income contributor to CHPT within the first quarter, however the share already dropped to 53% from 61% posted 1 / 4 earlier, due primarily to a major development in shipments of non-AP check merchandise, particularly these for RF and networking chips.
