Chip packager and tester Siliconware Precision Industries Co (SPIL, 矽品精密) yesterday said revenue rose 12.47 percent last month from a year earlier to NT$7.26 billion (US$239 million) on a consolidated basis.
Last month’s figure grew 3.53 percent from NT$7.01 billion in August, just short of the NT$7.2 billion estimated by Credit Suisse’s local equity research team.
Overall, the company’s cumulative revenue in the past quarter totaled NT$21.65 billion, falling in the forecast range of between NT$21 billion and NT$21.9 billion SPIL had issued in July.
However, the number for last quarter was still 1.3 percent less than the NT$21.93 billion registered in the second quarter, the company’s data showed.
SPIL said in a statement that the sequential decline in sales last quarter was due to customers’ conservative attitudes about inventory buildup in July and August.
SPIL is the nation’s second-largest chip packaging and testing services provider after Advanced Semiconductor Engineering Inc (ASE, 日月光半導體) in terms of sales.
ASE is scheduled to release its sales data next week and Credit Suisse said the company could report NT$25.75 billion in consolidated sales last month owing to Apple Inc’s orders for new wireless communications and fingerprint sensor functions for its iPhones.
"ASE has strong penetration for projects in the Apple cycle in the second half of 2014, as it will do fingerprints for iPhone 6 and also the wearable system-in-package late in the fourth quarter of 2014," Credit Suisse said in a note on Tuesday.
SPIL shares rose 2.41 percent to NT$42.5 yesterday in Taipei trading, while ASE shares jumped 5.46 percent to NT$38.6.
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