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Novatek says seasonality to affect sales - Vimarsana News

Novatek says seasonality to affect sales

Novatek Microelectronics Corp (聯詠), which designs driver ICs used in flat panels, expects revenue to drop up to 6 percent sequentially this quarter from an all-time high, as demand for consumer electronics, such as TVs and more affordable Chromebook computers, slackens in the low season. Revenue is to fall to between NT$36 billion and NT$37 billion (US$1.29 billion and US$1.33 billion) this quarter, compared with NT$38.35 billion in the third quarter, Novatek president Steven Wang (王守仁) told investors in a virtual conference yesterday. “The industry is entering its slow season in t...

Taiwan shares end flat after earlier gains eroded - Vimarsana News

Taiwan shares end flat after earlier gains eroded

Taipei, Nov. 2 (CNA) Shares in Taiwan closed little changed Tuesday after giving up more than 160 points in early gains, while large cap tech stocks showed resilience and prevented the broader market from falling further, dealers said.

UMC looks to another thriving year in 2022 - Vimarsana News

UMC looks to another thriving year in 2022

United Microelectronics Corp (UMC, 聯電), the nation’s second-biggest foundry service provider, yesterday forecast another thriving period next year, with revenue growth forecast to outpace the 12 percent estimated for its global peers. To satisfy clients’ strong demand for 28-nanometer chips, the Hsinchu-based chipmaker is to expand capacity by 6 percent next year by squeezing extra capacity from a 12-inch fab in Tainan as its factories are forecast to run at full capacity until the end of this year. “With the P5 and P6 expansion projects under way at our flagship 12A Fab in Tainan, ...

China power curbs to weigh down Holtek revenue - Vimarsana News

China power curbs to weigh down Holtek revenue

Holtek Semiconductor Inc (盛群半導體), a designer of microcontroller units (MCUs), yesterday said that revenue this quarter would edge downward from last quarter’s peak, as electricity curbs in China and somewhat higher inventories at its distributors hit demand. China’s long holidays and gridlock at global ports are also contributing to demand uncertainty, Armstrong Tsai (蔡榮宗), vice president of Holtek’s sales and marketing center, told an investors’ conference in Taipei. These external factors and increases in inventory could override robust demand for microcontroller uni...

Taiwan shares end flat; tech gains offset old economy stocks - Vimarsana News

Taiwan shares end flat; tech gains offset old economy stocks

Taipei, Oct. 22 (CNA) Shares in Taiwan closed little changed Friday as large cap tech stocks moved higher while old economy shares lost ground.