Innolux revenue falls 24.5%
Innolux Corp (群創), the nation’s largest LCD panel maker, yesterday posted a 24.5 percent decline in revenue for last month to NT$27.21 billion (US$864.17 million), compared with NT$36.05 billion in January. Innolux attributed the decline to seasonally slow demand and fewer working days. Shipments of PC and TV flat panels contracted 22.5 percent to 8.86 million units from 11.44 million units in January. Shipments of small and medium panels plunged 35.5 percent to 15.4 million units from 23.85 million units in January. On an annual basis, revenue grew 9.4 percent from NT$24.87 billion.
ASE revenue drops 18.7%
Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), the world’s biggest chip packager and tester, yesterday said revenue shrank 18.7 percent to NT$18.98 billion last month, from NT$23.36 billion in the prior month. On an annual basis, revenue grew 16.9 percent from NT$16.24 billion.
UMC sees revenue contract
United Microelectronics Corp (UMC, 聯電), the nation’s second-largest contract chipmaker, yesterday said revenue dropped 6.37 percent to NT$12.06 billion last month from NT$12.88 billion in January. That represented an annual growth of 16.58 percent from NT$10.34 billion. In the first two months of this year, revenue totaled NT$24.94 billion. Fubon Securities Co (富邦證券) expects UMC’s revenue to reach NT$38.35 billion this quarter.
Wistron sees annual growth
Contract notebook PC maker Wistron Corp (緯創) yesterday reported 26.09 percent annual growth to NT$44.9 billion for last month. Monthly revenue dropped 8.96 percent from NT$49.32 billion in the previous month, according to a company filing with the Taiwan Stock Exchange. For the first two months of this year, revenue totaled NT$99.22 billion, up 26.23 percent from NT$74.64 billion the previous year. Compal Electronics Co (仁寶電腦) posted revenue of NT$54.61 billion for last month, down 20.54 percent from last year’s NT$49.51 billion. The figure plunged 20.54 percent from the previous month’s NT$68.73 billion. Revenue totaled NT$123.34 billion for the first two months of this year, up 19.77 percent from the previous year.
Lite-On revenue jumps 24%
Electronics component maker Lite-On Technology Corp (光寶科技) yesterday reported consolidated revenue of NT$14.38 billion for last month, a 24 percent jump from a year earlier. On a monthly basis, revenue declined 7 percent from the previous month, due to fewer working days because of the Lunar New Year holiday, the company said in a statement. Cumulative sales for January and last month totaled NT$33.36 billion, up 0.73 percent from NT$33.11 billion last year.
HTC US market share wanes
HTC Corp’s (宏達電) share of the US smartphone market continued to fall in the three months ending in January, amid competition from Apple Inc and South Korean phone makers. The Taoyuan-based company remained the fifth-largest smartphone vendor in the US with a 3.8 percent share between November last year and January, dropping 0.3 percentage points from August-October last year, according to a report published last week by market research firm comScore Inc.
NOTABLE SHIFT: By 2030, 50% of all laptops would be assembled in Southeast Asia, while Taiwan would still mostly focus on research and development, a report said Global laptop and desktop computer supply chains are expected to shift significantly away from China in the next 10 years, a Market Intelligence & Consulting Institute (MIC, 產業情報研究所) report said. By 2030, only 40 percent of global laptop production would remain in China, said the report, which was released on Thursday. “The reshuffling of the global supply chain will be one of the most important trends in the next 10 years,” the institute said in the report. “In the long run, key component makers will follow laptop assemblers in moving out of China.” The Taipei-based institute predicted most key component makers
Yageo Corp (國巨), the world’s third-largest supplier of multilayer ceramic capacitors, has formed a strategic alliance with Hon Hai Precision Industry Co (鴻海精密) to develop key electronic components for electric vehicles and digital healthcare, it said yesterday. The alliance is to help Yageo boost its revenue from high-end components for vehicles and industrial, medical and aerospace devices, as well as those used in 5G and Internet-of-Things devices, the company said. The companies signed the strategic alliance agreement at Yageo’s headquarters in New Taipei City’s Sindian District (新店). Their cooperation is to start this quarter, the companies said in a joint statement. “Through the cooperation
SUPPLY CONSTRAINTS: The transferred orders might not provide an immediate revenue boost given local chipmakers’ high utilization rates, a senior analyst said Shares of local contract chipmakers yesterday rose as much as the 10 percent daily limit, as investors bet on orders being transferred from Semiconductor Manufacturing International Corp (SMIC, 中芯國際) after the US imposed export restrictions on the Chinese chipmaker. United Microelectronics Corp (UMC, 聯電) shares soared 10 percent to close at NT$27.5 as 380 million shares changed hands on the Taiwan Stock Exchange. UMC is the world’s No. 3 foundry by revenue, followed by SMIC, according to data from market researcher TrendForce Corp (集邦科技). UMC has product and customer portfolios similar to those of SMIC, TrendForce said, adding that UMC offers 14-nanometer and
‘IMPORTANT MILESTONE’: The firm expects to launch the generic of Revlimid in the US after March 2022. It has already launched the product in some European countries Lotus Pharmaceutical Co Ltd (美時化學製藥) has received tentative approval from the US Food and Drug Administration (FDA) for its abbreviated new drug application (ANDA) for lenalidomide, the company said in a statement on Friday. The ANDA approval is for 2.5mg, 5mg, 10mg, 20mg and 25mg capsules of lenalidomide, which is a generic version of blood cancer drug Revlimid developed by Celgene Corp. It is the first product fully developed and manufactured in Lotus’ facilities in Taiwan. Lotus expects to launch the product in the US — based on its patent litigation settlement with Celgene last year — some time after March