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Major silicon wafer suppliers’ sales last month met market expectations, and the positive effects of their price hikes are expected to persist in the second half of this year, Yuanta Securities Investment Consulting Co (元大投顧) said yesterday. Wafers are expected to remain in short supply, benefiting major suppliers in the near term, Yuanta said in a research note. GlobalWafers Inc (環球晶圓) posted record revenue of NT$6.04 billion (US$203.08 million) for last month, up 14.9 percent month-on-month and 25.8 percent year-on-year, which Yuanta attributed to intensive renewals of the ...

Wafer Works Corp (合晶科技), the world’s No. 6 silicon wafer supplier, is to invest NT$2.4 billion (US$81.41 million) to expand its 12-inch wafer capacity at an existing plant in the Longtan (龍潭) section of Hsinchu Science Park (新竹科學園區) to meet rising demand for chips used in vehicles, the Ministry of Economic Affairs said yesterday. Wafer Works in May 2019 received ministry approval for a NT$1.16 billion capacity expansion plan at its Longtan site, allowing the wafer maker to join the government’s Invest in Taiwan initiative, the ministry said in a statement. The autom...