‘CLEARER’ OUTLOOK: Customers were cautious in the third quarter, but demand is recovering for microcontroller units used in brushless DC motors, a spokesman said
Taipei Times
Date: Oct 29, 2019
By: Lisa Wang / Staff reporter
Holtek Semiconductor Inc (盛群半導體), the nation’s largest designer of microcontroller units for consumer electronics, yesterday said its net profit shrank 15.4 percent year-on-year last quarter, as a US-China trade dispute dampened customer demand.
Net profit dropped to NT$221.87 million (US$7.26 million), compared with NT$262.35 million a year earlier, while earnings per share (EPS) slid to NT$0.98 from NT$1.16, the company said.
On a quarterly basis, net profit fell 12.9 percent from NT$254.87 million, or EPS of NT$1.13.
Gross margin improved to 50.7 percent last quarter from 49.4 percent a year earlier and 49.3 percent a quarter earlier. [FULL STORY]