Staff Reporter, in HSINCHU COUNTY
Semiconductor equipment manufacturer Skytech Inc (天虹科技) yesterday gave a rosy business outlook for next year on expectations that revenue would grow at least 20 percent year-on-year, thanks to robust demand for advanced chip manufacturing and its new advanced packaging equipment.
The forecast is based on its clear order visibility through the middle of next year, the company said. To satisfy customers’ growing demand, Skytech is expanding its clean room in Hsinchu County’s Hukou Township (湖口). The new clean room would be one-and-half times larger than the original one, when it is ready by the end of this year, it said.
Photo: Screenshot from Skytech Inc’s Web site
“We are upbeat about the 2025 outlook. We expect to see a similar growth pattern as this year, with a growth rate of more than 20 percent,” Skytech CEO George Yi (易錦良) said yesterday. “We have landed new orders from major chipmakers to supply equipment used in advanced packaging technology that is similar to the chip-on-wafer-on-substrate technology.”
Skytech is shipping physical vapor deposition tools, bonders and de-bonders used in advanced packaging technology, Yi said.
Some products are under customer review in preparation for future shipments, he said.
The company also secured new orders to supply atomic layer deposition equipment, which is used in the front-end chip manufacturing process, Yi said.
During the first 10 months of this year, Skytech’s revenue grew 18.33 percent to NT$1.69 billion (US$51.9 million) from NT$1.43 billion a year earlier. With more revenue coming in later this quarter, the company said revenue would climb to an all-time high this quarter.
Skytech is among a few Taiwanese companies that design and produce key equipment used in the chip manufacturing process. It has a broad customer base that includes Taiwan Semiconductor Manufacturing Co (台積電).
Semiconductor equipment made up about 50 percent of Skytech’s total revenue, including advanced front-end chip manufacturing equipment and packaging equipment, which accounted for about 20 percent of the firm’s total revenue.
Another half of revenue came from supplying components and parts to chipmakers, chip testing and packaging service providers, and other vendors, the firm said.
During the first three quarters, Skytech’s net profit soared 64.15 percent year-over-year to NT$261 million, from NT$159 million during the same period last year. That translated into earnings per share of NT$3.87, up from NT$2.62 in the same period a year earlier.
As Skytech has a 30-percent exposure to the Chinese market, it is closely monitoring how the geopolitical tension changes. Currently, local semiconductor equipment makers are not subject to any export ban yet.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
FORESEEABLE CONSEQUENCES: New technology always comes with new innovations by the iniquitous in exploiting users for financial gain or more nefarious ends Artificial intelligence (AI) “agents” say they can save users time and energy by automating tasks, but the growing power of systems such as OpenClaw is putting cybersecurity experts on edge. Powered by a wave of hype, OpenClaw today says it has more than three million users worldwide. The system allows users to create so-called agents, tools based on a large language model (LLM) such as OpenAI’s ChatGPT or Anthropic PBC’s Claude, that can carry out online tasks. “We’ve moved from an AI you could talk with via a chatbot to an agentic AI, which can take action... the threat and the risks are