GEM Services, which focuses on packaging semiconductor energy gadgets, and CMOS picture sensor backend specialist Kingpak Technology each noticed their revenues for the primary quarter of 2019 buck seasonal developments.
GEM posted an annual income improve of 4.37% for the primary quarter of 2019, regardless of the normal off-season, and its consolidated revenues for March surged 36.23% on month and seven.87% on 12 months to NT$305 million (US$9.88 million).
GEM is devoted to packaging energy semiconductor gadgets together with MOSFET, IGBT, diode and energy administration ICs for communication functions, PC, automotive electronics, industrial management and family electrical home equipment. The firm has seen the income ratio for high-power semiconductor gadgets for industrial management and automotive functions rise to 20%.
At the second, GEM has as much as 50% of orders positioned by worldwide IDMs. The firm is predicted to have its auto-use MOSFET packaging providers move validations by IDMs by the tip of 2019, permitting it to faucet deeper into the automotive utility market, in response to trade sources.
Meanwhile, Kingpak witnessed its first-quarter revenues hit a brand new quarterly excessive of NT$623 million, representing a sequential progress of 15.8% and annual improve of 8.8%.
Kingpak’s capability utilization fee has picked up sharply to meet large orders from On-Semi and Sony, main distributors of CMOS picture sensors, particularly following inflexible manufacturing course of adjustment by its Japanese shoppers, the trade sources stated.
Kingpak now focuses its manufacturing on auto-use semiconductor gadgets with excessive gross margins, which contributes over 70% of the corporate’s revenues. The firm is increasing its manufacturing capability by 40% to satisfy the subsequent wave of sturdy demand for CIS gadgets pushed by the rising penetration of ADAS.
