Wafer testing service provider Chunghwa Precision Test Technology Co (CHPT, 中華精測) yesterday reported that revenue last month rose 27.22 percent from February, but fell 7.86 percent to NT$323.78 million (US$11.28 million) from last year.
“A more diverse product mix and increased demand from customers in the US have mitigated the seasonal impact,” Chunghwa Precision Test said in a statement.
Revenue in the first quarter was NT$829.1 million, down 34.88 percent quarter-on-quarter, but up 2.18 percent year-on-year, it said.
Photo: Grace Hung, Taipei Times
The firm has had robust demand for its vertical probe card business, which provides services for 5G products such as radio frequency (RF) chips and application processors for smartphones.
As Russia’s war against Ukraine continues, its effects on the global economy and supply chains are emerging, the company said.
However, Chunghwa Precision maintains a cautiously optimistic outlook on this year’s business prospects, as the global semiconductor industry continues to develop, it said, adding that it has confidence in its global deployment strategy and its full range of products, including a variety of probe cards with micro-electromechanical systems.
“With the advancement of 5G technology and the evolution of high-tech products — from smartphones to devices that use artificial intelligence [AI], such as self-driving cars and the metaverse — global chipmakers are moving toward the development of chips with more computing power and higher speeds,” the company said.
Chunghwa Precision said that the chips being developed by its US customers — including core, RF, high-performance computing, high-speed transmission and memory chips — would open up opportunities for its products and help it expand into new markets.
Revenue last year edged up 0.78 percent to a record NT$4.24 billion from NT$4.21 billion in 2020, while net profit fell 4.5 percent annually to NT$892 million, with earnings per share of NT$27.2, company data showed.
Chunghwa Precision’s board of directors in February proposed to distribute a cash dividend of NT$13.6 per share, representing a payout ratio of 50 percent, the highest in the company’s history.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
FUTURE PLANS: Although the electric vehicle market is getting more competitive, Hon Hai would stick to its goal of seizing a 5 percent share globally, Young Liu said Hon Hai Precision Industry Co (鴻海精密), a major iPhone assembler and supplier of artificial intelligence (AI) servers powered by Nvidia Corp’s chips, yesterday said it has introduced a rotating chief executive structure as part of the company’s efforts to cultivate future leaders and to enhance corporate governance. The 50-year-old contract electronics maker reported sizable revenue of NT$6.16 trillion (US$189.67 billion) last year. Hon Hai, also known as Foxconn Technology Group (富士康科技集團), has been under the control of one man almost since its inception. A rotating CEO system is a rarity among Taiwanese businesses. Hon Hai has given leaders of the company’s six