Yageo Corp (國巨), a maker of passive components, yesterday reported consolidated revenue of NT$10.53 billion (US$356.78 million) for last month, up 3.8 percent month-on-month and 14.4 percent year-on-year, amid stable demand from major customers and an easing of COVID-19 lockdowns in China’s Kunshan and Shanghai, the company said in a statement.
Yageo’s products include multilayer ceramic capacitors (MLCCs), tantalum capacitors and chip resistors.
It is the world’s third-largest supplier of MLCCs.
Photo: Chang Hui-wen, Taipei Times
Last month’s sales were the highest for May in the company’s history, Yageo data showed.
The company said it remained cautiously optimistic about its sales outlook after Kunshan and Shanghai eased their lockdowns, which had allowed its customers to resume operations and restart shipments.
“Overall, the production and operations of the company’s plants in China remain normal,” Yageo said.
In the first five months of this year, cumulative revenue reached NT$50.8 billion, an annual increase of 21.1 percent, it said.
Separately, Airtac International Group (亞德客), a supplier of pneumatic components, reported consolidated revenue of NT$2.65 billion for last month, up 17 percent from a month earlier, and 18.6 percent from a year earlier as most cities in China gradually relaxed pandemic regulations.
Airtac’s products are used in the production of electronic equipment, general machinery, packaging, automotive devices, batteries, construction equipment and machine tools.
Shipments for the battery, automotive, energy, lighting equipment and electronics industries posted higher growth rates last month, the company said in a regulatory filing.
“As we predicted, the adverse impact of the disease controls on shipments is a short-term phenomenon, and demand has merely been deferred to the coming weeks,” Airtac said. “Current orders are still higher than shipments ... so the company is maintaining its 110 percent utilization rate to increase inventory to meet demand.”
Combined revenue from January to last month grew 7.8 percent year-on-year to NT$11.42 billion, it said.
Meanwhile, BizLink Holding Inc (貿聯控股) on Monday reported that consolidated revenue surged 90.34 percent year-on-year last month to US$157.82 million, the highest monthly sales in the company’s history as customers started to stock up after supply chains gradually returned to pre-lockdown levels.
“Our Kunshan facility [last month] fully resumed normal operations, ramped up production and restarted shipments to customers to catch up on the volume impact from the April lockdown,” Silicon Valley-headquartered BizLink, the sole supplier of wiring harnesses for battery management systems in Tesla Inc’s electric vehicles, said in a statement.
The company’s product portfolio includes components for information technology, consumer electronics and electrical appliances, as well as industrial, automotive, medical, solar and telecom equipment.
Shipments of components used in industrial equipment rose last month due to inventory buildup at its customers, while those for automotive devices and information technology applications showed a steady recovery in shipments, BizLink said.
However, shipments of products used in electrical appliances slowed due to component shortages and longer lead times, while its new German business unit INBG reported weak shipments of telecommunication products for the same reason, BizLink said.
It completed the acquisition of industrial solutions unit INBG from Leoni AG in January, which accounted for 39 percent of its total sales last month, it said.
Combined sales in the first five months increased 89.41 percent year-on-year to US$721.98 million, BizLink said.
LIMITED IMPACT: Investor confidence was likely sustained by its relatively small exposure to the Chinese market, as only less advanced chips are made in Nanjing Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) saw its stock price close steady yesterday in a sign that the loss of the validated end user (VEU) status for its Nanjing, China, fab should have a mild impact on the world’s biggest contract chipmaker financially and technologically. Media reports about the waiver loss sent TSMC down 1.29 percent during the early trading session yesterday, but the stock soon regained strength and ended at NT$1,160, unchanged from Tuesday. Investors’ confidence in TSMC was likely built on its relatively small exposure to the Chinese market, as Chinese customers contributed about 9 percent to TSMC’s revenue last
With this year’s Semicon Taiwan trade show set to kick off on Wednesday, market attention has turned to the mass production of advanced packaging technologies and capacity expansion in Taiwan and the US. With traditional scaling reaching physical limits, heterogeneous integration and packaging technologies have emerged as key solutions. Surging demand for artificial intelligence (AI), high-performance computing (HPC) and high-bandwidth memory (HBM) chips has put technologies such as chip-on-wafer-on-substrate (CoWoS), integrated fan-out (InFO), system on integrated chips (SoIC), 3D IC and fan-out panel-level packaging (FOPLP) at the center of semiconductor innovation, making them a major focus at this year’s trade show, according
DEBUT: The trade show is to feature 17 national pavilions, a new high for the event, including from Canada, Costa Rica, Lithuania, Sweden and Vietnam for the first time The Semicon Taiwan trade show, which opens on Wednesday, is expected to see a new high in the number of exhibitors and visitors from around the world, said its organizer, SEMI, which has described the annual event as the “Olympics of the semiconductor industry.” SEMI, which represents companies in the electronics manufacturing and design supply chain, and touts the annual exhibition as the most influential semiconductor trade show in the world, said more than 1,200 enterprises from 56 countries are to showcase their innovations across more than 4,100 booths, and that the event could attract 100,000 visitors. This year’s event features 17
Germany is to establish its first-ever national pavilion at Semicon Taiwan, which starts tomorrow in Taipei, as the country looks to raise its profile and deepen semiconductor ties with Taiwan as global chip demand accelerates. Martin Mayer, a semiconductor investment expert at Germany Trade & Invest (GTAI), Germany’s international economic promotion agency, said before leaving for Taiwan that the nation is a crucial partner in developing Germany’s semiconductor ecosystem. Germany’s debut at the international semiconductor exhibition in Taipei aims to “show presence” and signal its commitment to semiconductors, while building trust with Taiwanese companies, government and industry associations, he said. “The best outcome
RSS