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KYEC October revenues rise 24%

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KYEC October revenues rise 24%
Jessie Shen, DIGITIMES, Taipei [Friday 4 November 2016]

IC testing company King Yuan Electronics Company (KYEC) has reported consolidated revenues of NT$1.8 billion (US$57.3 million) for October 2016, up 23.7% on year.

KYEC’s cumulative 2016 revenues through October totaled NT$16.65 billion, rising 16.5% from a year ago.

Solid demand for handset SoCs from China, modem chips from a US client, graphics processors and image sensors led to the brisk revenue results for KYEC in October, according to market watchers. KYEC is expected to see its fourth-quarter revenues drop slightly from the record levels of NT$5.43 billion posted in the prior quarter, said the watchers.

KYEC’s revenues for all of 2016 are set to exceed NT$20 billion reaching an annual high, the watchers indicated.

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Companies: King Yuan Electronics Company

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Taipei, Saturday, November 5, 2016 06:32 (GMT+8)
scattered thunderstorms
Taipei
27°C

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

KYEC October revenues rise 24%
Jessie Shen, DIGITIMES, Taipei [Friday 4 November 2016]

IC testing company King Yuan Electronics Company (KYEC) has reported consolidated revenues of NT$1.8 billion (US$57.3 million) for October 2016, up 23.7% on year.

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