SEASONAL FACTORS:Although revenue could fall less than it did in the fourth quarter last year, one analyst said a 10 percent quarter-on-quarter decline could be expected

Taipei Times
Date: Nov 10, 2018
By Lisa Wang  /  Staff reporter

Chunghwa Precision Test Tech Co (CHPT, 中華精測), which provides probe card testing services, yesterday said that revenue would slide at a milder pace this quarter compared with the same period last year, as increasing contributions from new probe businesses would offset seasonal weakness.

“Revenue will fall slightly in the fourth quarter. The [quarterly] correction will not be as significant as we experienced [in the fourth quarter] last year,” CHPT president Scott Huang (黃水可) told an investors’ conference in Taipei.

“We have diversified our product lineups. Those new products are to contribute more revenue in the fourth quarter, which will mitigate the seasonal correction,” Huang said.

In the fourth quarter last year, the firm saw revenue tumble 41 percent quarter-on-quarter to NT$545 million (US$17.69 million), as one of its key clients delayed its upgrade to 7-nanometer technology.    [FULL  STORY]