Home General Various News Faraday seeing growth in 28nm chip market

Faraday seeing growth in 28nm chip market

236

  • Register
Taipei, Saturday, April 29, 2017 03:53 (GMT+8)
sunny
Taipei
27°C

  • Article
  • . (0)
  • Related content
  • Company info
Print Email

Faraday seeing growth in 28nm chip market
Josephine Lien, Taipei; Jessie Shen, DIGITIMES [Friday 28 April 2017]

Faraday Technology, a Taiwan-based ASIC design service and IP provider, has expressed optimism about 28nm chip market growth. The company has received new orders for 28nm NRE (non-recurring engineering) designs.

Faraday reported net profits of NT$521 million (US$17.3 million) for the first quarter of 2017, with EPS reaching NT$2.12. EPS for the quarter already exceeded the NT$1.14 reported for all of 2016.

The sale of its security control business boosted Faraday’s net profits for the first quarter of 2017, the company indicated. Earlier in 2017, Faraday announced it had reached a deal with Novatek Microelectronics under which Novatek would acquire IP technologies and assets related to surveillance camera control systems from Faraday for a total of NT$720 million.

Faraday posted consolidated revenues of NT$1.43 billion in the first quarter, down 6.1% sequentially, while gross margin climbed 1.1pp on quarter to 45.3%. The company credited the gross margin growth to a more favorable product mix.

ASIC products accounted for 73% of Faraday’s sales in the first quarter of 2017, followed by IP and NRE designs with 14.7% and 11.5%, respectively. In terms of end-product applications, communications ICs accounted for 56.5% of Faraday’s first-quarter revenues, followed by multimedia chips with 17.9%, consumer electronics with 11% and PC peripherals with 9.6%.

Tweet

Categories: Bits + chips IC design, distribution IC manufacturing

Tags: 2016 2017 28nm ASIC consumer electronics design design service EPS Faraday Faraday Technology gross margin IP multimedia Novatek NRE PC peripherals revenues

Companies: Faraday Technology Novatek Microelectronics

    Related stories

  • Faraday sells security control business to Novatek (Jan 4)
  • Faraday 3Q16 profits fall 70% (Nov 4)
  • Faraday expects 3Q16 revenues to fall (Aug 5)
  • Faraday 12.5G SerDes PHY debuts on UMC 28HPC process (Aug 4)
  • Faraday swings to profit in 1Q16 (May 6)
  • Faraday to downsize capital 40% (Mar 17)

Global notebook shipment forecast, 2017 and beyond
Intel strategies in the mobile device market
The transition to 4k TV - UHD TV market forecast, 2014-2017
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

  • Register
Taipei, Saturday, April 29, 2017 03:53 (GMT+8)
sunny
Taipei
27°C

  • Article …

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here