Page 23 - Grace Hung News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Adata net profit soars 57.18% to a 14-quarter high By Lisa Wang / Staff reporter Adata Technology Co (威剛), a supplier of memory modules and solid-state drives (SSDs), yesterday posted its best quarterly net profit in 14 quarters on the back of rising prices. During the three-month quarter to March, net profit surged 57.18 percent to NT$707 million (US$25.27 million), from NT$450 million last year. On a quarterly basis, net profit more than doubled from NT$317 million. Earnings per share rose to NT$2.94, compared with NT$2.12 a year earlier and NT$1.41 in the previous quarter. Adata Tech...

Gudeng to invest NT$5bn in new plant By Lisa Wang / Staff reporter Gudeng Precision Industrial Co (家登), the sole supplier of extreme ultraviolet (EUV) pods to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), yesterday said that it plans to invest NT$5 billion (US$179.18 million) to build a new factory to expand its EUV component capacity. The factory is planned for New Taipei City’s Tucheng District (土城) and part of its facilities would be a manufacturing site for Gudeng’s fully owned subsidiary We Solutions Technology Co (家崎科技), which produces key components use...

Novatek Microelectronics Corp (聯詠) on Monday reported a record NT$6.08 billion (US$217.88 million) net profit for last quarter as the work-from-home and remote-schooling trends boosted demand for chips for notebook computers, tablets and gaming monitors. Last quarter’s net profit tripled from NT$2.02 billion a year earlier, Novatek said. On a quarterly basis, net profit expanded 33.63 percent from NT$4.55 billion, it said. Earnings per share (EPS) surged to NT$9.66, compared with NT$3.63 a year earlier and NT$5.99 the previous quarter, it said. Gross margin climbed to 43.65 percent, comp...

Scientech erects first plant in China on demand for reclaimed wafers for testing By Lisa Wang / Staff reporter Scientech Corp (辛耘) yesterday said that it is building its first Chinese plant to capture a share of China’s rapidly growing reclaimed wafers market. The company supplies silicon wafers that have been processed and stripped, polished and then cleaned for reuse. “We have been examining the possibility of constructing a facility in China over the past few years, until recently we found that the time was ripe,” company chief executive officer Hsu Ming-chi (許明琪) told in...

Nanya posts best profit in three quarters SUPPLY CONSTRAINTS: The firm is close to finalizing contract negotiations for the second quarter, its president said, adding that prices would rise month by month By Lisa Wang / Staff reporter DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday posted its best quarterly profit in three quarters as work-from-home and remote schooling trends helped improve demand for Chromebooks and other consumer electronics. The chipmaker said that it expects the growth momentum to extend into this quarter, as th...