Wed, Feb 12, 2014 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA

SEMICONDUCTORS

Wafer revenue drops 13%

Global silicon wafer revenues declined 13 percent to US$7.5 billion last year from US$8.7 billion a year earlier, according to SEMI Silicon Manufacturers Group’s latest report, released yesterday. Last year’s figure was the lowest since it hit US$6.7 billion in 2009, the report said. “Annual semiconductor silicon shipment levels have remained essentially flat for the past three years,” said Hiroshi Sumiya, chairman of SEMI SMG and general manager of the corporate planning department of Shin-Etsu Handotai Co, Ltd. However, shipments rose 0.4 percent year-on-year to 9.07 billion square inches, compared with 9.03 billion square inches, the report said.

AUTO PARTS

Tesla powers Hota sales

Taiwanese auto parts maker Hota Industrial Manufacturing Co (和大工業) expects to see record-high sales this month thanks to increased orders from US electric car pioneer Tesla Motors. Hota, which makes transmission components for cars, said it expects to achieve its best-ever February sales this year. Sales are expected to outpace last month’s NT$330 million (US$10.8 million), a record for that month. Analysts said that Tesla orders could push Hota’s February sales up 30 percent over the same month last year, when it posted NT$251.6 million in net sales, according to the Taiwan Stock Exchange’s data. Hota said that Tesla has moved extra orders up to this month from next month.

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