Home IT Info News Today SAS sees fruition of non-operating funding

SAS sees fruition of non-operating funding

320
SAS sees fruition of non-operating investment


SAS sees fruition of non-operating funding

Nuying Huang, Taipei; Adam Hwang, DIGITIMES

Solar wafer and cell maker Sino-American Silicon Products (SAS) has scored factors in non-operating funding as mirrored from subsidiaries’ enterprise efficiency.

GlobalWafers, by which SAS holds a 51.17% stake, has change into the globally third largest semiconductor silicon wafer maker and recorded internet EPS of NT$31.35 (US$1.05) for 2019 and NT$6.62 for first-quarter 2020.

Diselane and triselane maker Taiwan Specialty Chemicals, by which SAS holds a 30.93% stake, has been acknowledged by TSMC as a superb materials provider and swung to month-to-month earnings starting April 2020, SAS president Doris Hsu mentioned, including that the corporate considers establishing a warehouse within the US for native provide.

Because Chinese PV module makers’ manufacturing was severely impacted by the coronavirus outbreak in first-quarter 2020, European makers’ mixed share of the Europe market has sharply risen, Hsu famous. This has benefited Aleo Solar, SAS’ Germany-based wholly-owned subsidiary maker of PV modules, since March, Hsu mentioned.

Since Korean Hanwha Q Cells has gained a lawsuit towards China-based Jinko Solar, REC Solar and LONGi Solar for infringing its patents regarding PERC photo voltaic cells in Germany, the Chinese makers’ European shoppers are prone to shift orders to different makers together with Aleo.

Automotive diode maker Actron Technology, by which SAS holds a 19.21% stake, has developed ultra-high-efficiency fashions that are anticipated to be in giant potential demand together with more and more strict management on carbon emission, Hsu indicated.

SAS president Doris Hsu
Photo: Digitimes file



Source hyperlink

LEAVE A REPLY

Please enter your comment!
Please enter your name here