Wed, Jun 08, 2016 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with agencies


Lite-On revenue grows 4%

Lite-On Technology Corp (光寶科技) yesterday reported a 4 percent annual expansion and 1.2 percent monthly growth in revenue to NT$17.44 billion (US$539.29 million) last month. The contract electronics component maker’s consolidated revenue totaled NT$84.48 billion in the first five months of this year, down 1.7 percent from last year’s NT$85.48 billion, the firm said in a filing with the Taiwan Stock Exchange. Lite-On said sales at its optoelectronics business, which contributed 25 percent of the firm’s total revenue last month, enjoyed growth from a year ago, driven by increasing demand for Lite-On’s LED vehicle lighting and components. The information technology business segment accounted for 49 percent of sales, with revenue growth of 4 percent annually, of which cloud-computing application products posted continuous revenue growth year-on-year, the company said.


Winbond sees revenue rise

Memorychip maker Winbond Electronics Corp (華邦電子) yesterday said revenue totaled NT$3.45 billion last month, an increase of 12.22 percent year-on-year, but a drop of 1.88 percent on a monthly basis. Consolidated revenue reached NT$17.06 billion between January and last month, representing an annual increase of 6.89 percent, the company said in a statement.


Netflix sets up Hsinchu office

Netflix Inc yesterday established an office in Hsinchu and announced a partnership with SetTV (三立電視) in a bid to strengthen its foothold in the market. The US company has offices in eight nations, including in Taiwan, Japan and Singapore, according to the company. Netflix has seven employees in Taiwan, it said in a statement. The team in Taiwan is to focus on engineering development and seeking local partners, such as MediaTek Inc (聯發科), MStar Semiconductor Inc (晨星) and Realtek Semiconductor Corp (瑞昱), it said.


ASMedia bullish on outlook

IC designer ASMedia Technology Inc (祥碩科技), a subsidiary of PC vendor Asustek Computer Inc (華碩), expects performance in the second half of this year to outpace the first half, on the back of new product launches by Intel Corp and Advanced Micro Devices Inc, an ASMedia executive said yesterday. ASMedia also foresees stable business performance in the next two years due to the company’s strong relationships with its main clients, chairman Jerry Shen (沈振來) told shareholders at the firm’s annual general meeting in New Taipei City. The company has not yet released last month’s revenue. Consolidated sales in the first four months of this year jumped 11.1 percent annually from last year’s NT$487.33 billion to NT$541.43 billion, according to a filing.


ASE, SPIL see revenue rise

Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), the world’s biggest chip packager and tester, yesterday said revenue rose 1.9 percent to NT$20.62 billion last month, compared with NT$20.23 billion in April. ASE expects a gradual recovery this quarter from an inventory-driven slowdown in the previous quarter. Siliconware Precision Industries Co Ltd (SPIL, 矽品精密) on Monday said that revenue jumped 9.3 percent to NT$7.46 billion last month, compared with NT$6.83 billion in April. SPIL last week agreed to ASE’s NT$113 billion takeover bid to become part of an industrial holding company created by ASE.

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