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IC packaging and testing houses Siliconware Precision Industries (SPIL) and King Yuan Electronics Company (KYEC) have reported on-year revenue growth of 7.4% and 20.7%, respectively, for November 2016.
Consolidated revenues at SPIL came to NT$7.27 billion (US$227.5 million) in November, down 2.3% sequentially. SPIL’s cumulative 2016 revenues through November totaled NT$77.64 billion, rising 2.3% from a year ago.
KYEC generated November consolidated revenues of NT$1.71 billion, down 4.9% on month. Revenues for the first 11 months of 2016 arrived at NT$18.36 billion, up 16.9% from a year earlier.
Both SPIL and KYEC saw their third-quarter revenues hit record highs of NT$21.96 billion and NT$5.43 billion, respectively.
Market watchers expect both SPIL and KYEC to post single-digit sequential drops in fourth-quarter revenues which will remain relatively high compared to the same quarter in previous years.
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