Thu, Jul 07, 2016 - Page 12 News List

Powertech reports rising revenue as demand improves

By Lisa Wang  /  Staff reporter

Powertech Technology Inc (力成科技), the nation’s biggest memorychip tester and packager, yesterday reported rising revenue for last quarter on increasing customer demand and bigger contribution from a new Chinese factory built by client Micron Technology Inc.

Revenue expanded 6.9 percent to NT$11.32 billion (US$349.3 million) in the second quarter from NT$10.62 billion in the first quarter.

Last quarter’s results were mostly in line with Powertech’s forecast in April after its business hit a trough in the first quarter.

Powertech counts Micron, Toshiba Corp of Japan and DRAM module maker Kingston Technology Corp as major clients.

Powertech said the new chip packaging firm — in Shaanxi Province’s Xian — would be one of the company’s major growth engines this year and next year.

The plant, which began operations in March, mostly provides chip packaging services for Micron.

Separately, memory module maker Adata Technology Co (威剛) said sales grew 22.87 percent monthly to NT$1.88 billion last month — the highest level in 15 months — as market demand improved.

Last quarter, revenue expanded 3.57 percent to NT$5.06 billion from the previous quarter, Adata said.

Solid state disks overtook DARM products to became the biggest revenue source for the company last quarter, accounting for more than a 30 percent share, the company said.

Adata chairman Simon Chen (陳立白) on Monday said that demand for both DRAM and NAND flash products would move upward next quarter amid improving demand and short supply.

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