Ali Corp (揚智), formerly known as Acer Laboratories Inc, will probably say it returned to profit in the second quarter, aided by rising sales of chips that power DVD players and other electronic devices.
Taiwan's third-largest designer of computer chips may report net income of NT$142 million (US$4.3 million) for the three months ended June 30, compared with a loss of NT$64.3 million a year ago, analysts said.
Ali, MediaTek Inc (聯發科技) and other Taiwanese chip designers are taking market share from US and Japanese rivals such as ESS Technology Inc and Sony Corp because of their lower production costs, market researcher iSuppli Corp said. Ali's third-quarter profit will double from a year ago, analysts said.
``Profit and sales for the quarter ending Sept. 30 will be close to that in the second quarter,'' said Benny Lo (盧志恆), an analyst with Primasia Securities Co.
Ali earlier said net income this year will rise to NT$542 million from NT$15 million in 2001 as sales increase to NT$7.7 billion from NT$5.4 billion.
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