Phoenix Silicon International Corp (昇陽半導體), the world’s No. 2 supplier of reclaimed wafers, forecast a robust revenue growth this year, benefiting from a major customer’s increased production of advanced chips such as those using a 3-nanometer process, the company said on Wednesday.
Revenue is expected to grow each quarter during the second half of the year, which would boost the company’s revenue to a record high this year, while bucking an industry downtrend facing most semiconductor companies, Phoenix said.
During the first half, cumulative revenue expanded 22.59 percent year-on-year to NT$1.79 billion, setting an all-time high, the company’s data showed.
Photo: Grace Hung, Taipei Times
Reclaimed wafer business accounted for 75 percent of the company’s revenue in the first six months, with wafer thinning making up the remaining 25 percent.
“Overall, revenue this year will be higher than last year due to increases in reclaimed wafer consumption,” Phoenix chairman and president Tony Tsai (蔡幸川) told a media gathering in Taipei.
“The consumption of reclaimed wafers will grow substantially when customers migrate their technology to next generations,” Tsai said.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the only chipmaker capable of producing 3-nanometer and 5-nanometer chips in Taiwan, is boosting production of 3-nanometer chips this year and expects these chips to contribute about 5 percent of its total revenue this year.
To cope with strong customer demand, Phoenix is expanding its 12-inch reclaimed wafer capacity. The company aims to add about 140,000 12-inch reclaimed wafers by the end of this year to its current capacity of 390,000 wafers a month.
Phoenix is also planning further capacity expansion to boost its monthly capacity to 600,000 wafers in 2026 to surpass its bigger rival, RS Technologies Inc of Japan.
The company’s shares rose 1.6 percent to close at NT$63.5 on the local main board, the highest since July 17, Taiwan Stock Exchange data showed.
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