Gudeng Precision Industrial Co (家登精密), the sole supplier of extreme ultraviolet (EUV) pods to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), yesterday said revenue surged 87.75 percent annually to NT$380 million (US$12.76 million) last month, benefiting from its largest buyers’ rapid migration to advanced technologies.
The surge boosted the company’s second-quarter revenue by 76.63 percent to NT$1.07 billion from NT$603.64 million in the same period last year. During the first six months, Gudegn has amassed NT$2.09 billion in revenue, soaring 67.54 percent year-on-year from NT$1.25 billion.
The company attributed the growth to its shipments of EUV pods in the first half of the year.
Photo: Grace Hung, Taipei Times
Gudeng said it has a clear order visibility through next year, adding that all of its front-opening unified pod (FOUP) manufacturing capacity is fully booked, with 70 percent ordered by customers in China.
The box-like FOUPs are used to ship, transport and store 12-inch wafers, which are unloaded from the FOUP within processing equipment to keep the wafers sterile. EUV pods are used to carry reticles when EUV tools are utilized to make chips with cutting-edge process technologies.
“The orders received have surpassed our capacity. The FOUP order visibility extends through to the end of next year,” Gudeng said in a statement.
“Due to supply constraints, some Chinese customers are offering to pay more to secure as much capacity for early delivery,” it said.
Gudeng, based in New Taipei City’s Tucheng District (土城), said EUV pods and FOUPs are two products that have experienced the fastest growth momentum.
With TSMC’s 3-nanometer technology to enter mass production in the second half of this year, Gudeng said it expects its shipments of EUV pods to grow significantly.
Strong customer demand is expected to boost financial performance, the company said, adding that net profit in the first half of this year should exceed last year’s earnings.
The company said it would release detailed results and a business outlook next month.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
RSS