Memory backend specialist Orient Semiconductor Electronics (OSE) has seen demand for flash reminiscence merchandise ramp up lately, and is predicted to put up sequential income progress via the third quarter, in line with trade sources.
Kingston Technology, Longsys Electronics and Phison Electronics are reportedly amongst OSE’s main shoppers.
OSE is predicted to put up a single-digit sequential improve in second-quarter revenues, mentioned the sources, including that the backend agency has seen its capability utilization charge attain 70-80%.
OSE can be engaged within the provide chain for Nintendo’s Switch via offering Macronix International backend companies for flash merchandise, the sources indicated. With the sport console reportedly to hit market cabinets in China, OSE is among the many beneficiaries.
OSE declined to touch upon the report, citing buyer confidentiality.
OSE reported consolidated revenues of NT$1.37 billion (US$44.5 million) for March 2019, up 17.3% sequentially and 16.8% on 12 months. Revenues for the primary quarter totaled practically NT$3.9 billion, rising 24.1% from the identical interval in 2018.
OSE posted revenues elevated 9.4% to NT$15.19 billion in 2018, when the corporate remained unprofitable. Nevertheless, the corporate noticed its web losses slender to about NT$111 million from losses of NT$714 million in 2017.
OSE sees rising flash reminiscence demand
Photo: Digitimes file picture
