Hon Hai Precision Industry Co (鴻海精密) on Saturday reported a month-on-month revenue increase of 2.08 percent to NT$455.03 billion (US$16.18 billion) last month, beating its own forecast and setting a company record for February.
The world’s biggest contract electronics maker attributed the revenue growth to robust demand from cloud service providers, and the advantage of its global distribution of production bases and sales networks.
On an annual basis, revenue increased 13.22 percent last month, with all of its four major business groups — smart consumer electronics, cloud and networking technology, computing products, and components and other products — posting double-digit percentage growth, Hon Hai said in a statement.
Photo: Fang Wei-jie, Taipei Times
“The overall supply-chain situation improved in February,” the iPhone assembler said.
Due to stable demand, smart consumer electronics revenue increased significantly on a month-on-month basis last month, while cloud and networking products posted strong revenue growth on a year-on-year basis, the firm said.
Hon Hai’s consolidated sales in the first two months of the year were NT$900.78 billion, down 0.15 percent from a year earlier, but still the second-highest for January and February in the company’s history, it said.
Separately, Hon Hai joined several companies to hold a job fair at National Taiwan University on Saturday, saying that it is seeking to hire recent graduates to fill 1,500 positions in its electric vehicle, digital healthcare, robotics, artificial intelligence, metaverse and software applications businesses.
Hon Hai said it hoped to hire recent graduates specializing in data analysis, the Internet of Things, cloud computing, edge computing and automation.
The starting monthly salaries would be NT$45,000 for holders of bachelor’s degrees, NT$52,000 for those with master’s degrees and NT$60,000 for those with doctorates, the company said.
PATENTS: MediaTek Inc said it would not comment on ongoing legal cases, but does not expect the legal action by Huawei to affect its business operations Smartphone integrated chips designer MediaTek Inc (聯發科) on Friday said that a lawsuit filed by Chinese smartphone brand Huawei Technologies Co (華為) over alleged patent infringements would have little impact on its operations. In an announcement posted on the Taiwan Stock Exchange, MediaTek said that it would not comment on an ongoing legal case. However, the company said that Huawei’s legal action would have little impact on its operations. MediaTek’s statement came after China-based PRIP Research said on Thursday that Huawei filed a lawsuit with a Chinese district court claiming that MediaTek infringed on its patents. The infringement mentioned in the lawsuit likely involved
EXPECTATIONS: The firm, which is on track to outpace global foundry industry revenue growth, said it expects constrained advanced process capacity amid stronger AI demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday increased its projected revenue growth for this year to above 25 percent, as stronger-than-expected demand for premium smartphones and artificial intelligence (AI) devices are to drive greater utilization of cutting-edge 3-nanometer and 5-nanometer chips. In April TSMC estimated 21 to 24 percent annual growth. The firm’s revenue growth is on track to greatly outpace the global foundry industry, which is expected to rise about 10 percent this year. “Over the past three months, we have observed stronger AI and high-end smartphone demand from our customers, which is to boost the overall capacity utilization for our leading-edge
INVESTMENT: The company’s planned complex in Texas would be the first 12-inch silicon wafer fab built in the US in more than 20 years, a GlobalWafers official said GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, yesterday said it secured up to US$400 million in direct funding from the US Department of Commerce under the CHIPS and Science Act for the construction of two new advanced fabs in the US. Its subsidiaries GlobalWafers America and MEMC LLC are to build a 12-inch silicon wafer fab in Sherman, Texas, and another one in Missouri to produce silicon-on-insulator (SOI) wafers used to make leading-edge chips. “With the support of the [US President Joe] Biden Administration, we are honored to be bringing to American shores the world’s most cutting-edge 12-inch semiconductor
Nikon Corp is fielding strong demand for its legacy chipmaking machines in China, which is mobilizing resources to build its own semiconductor supply chain. Inquiries for the Japanese precision maker’s lithography tools have surged in China, Nikon president Muneaki Tokunari said. The company is set to revamp a lithography machine geared for decades-old manufacturing processes. Its NSR-2205iL1, launching this summer, would serve the market for mature chip technology and Nikon expects to sell more than 10 units of the machine annually, said Tokunari, who is also chief operating officer and chief financial officer. New companies are sprouting up in China to make