Sat, Aug 03, 2013 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA

CHIPMAKERS

Winbond to boost facilities

Memorychip maker Winbond Electronics Corp (華邦電子) said yesterday it would increase this year’s capital expenditure to NT$2.075 billion (US$68.9 million) from NT$1.8 billion and set next year’s spending target at NT$2.54 billion, as it plans to develop an advanced manufacturing process and upgrade its production facilities. Winbond also reported net profit of NT$416 million, or earnings per share of NT$0.1, for last quarter, ending seven consecutive quarters of losses, citing rising shipments of products with a higher profit margin. Consolidated revenue was NT$8.846 billion last quarter, up 15 percent from the previous quarter, while gross margin was 23 percent, an increase from 16 percent in the first quarter, the company said.

CASINGS

Catcher’s net profit soars

Metal casing manufacturer Catcher Technology Co (可成科技) said on Wednesday it posted NT$7.57 billion (US$251.3 million) in net profit for the first half of this year, up 77.6 percent from a year earlier. Its earnings per share for the six-month period stood at NT$10.07, up sharply from the NT$5.67 recorded the previous year. In the second quarter, Catcher’s consolidated sales totaled NT$10.46 billion, up 13.3 percent from the first quarter, while its gross margin hit 44.48 percent, up from 41.72 percent in the first quarter. It posted NT$3.64 billion in net profit for the second quarter, down 7.2 percent from the previous quarter.

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