EXCITED’: Growth in global NAND flash memory capacity at the end of this year would not be enough to meet rising demand, Powertech chairman D.K. Tsai said

Taipei Times
Date: Jan 31, 2018 
By: Lisa Wang  /  Staff reporter

Memorychip packager and tester Powertech Technology Inc (力成科技) yesterday gave a positive revenue growth outlook for this year after posting a net profit of NT$5.85 billion (US$200 million) for last year, the highest in seven years.

The figure represents annual growth of 21 percent from NT$4.84 billion in 2016, the company’s financial statement showed.

Earnings per share rose from NT$6.2 to NT$7.51.

Gross margin slid from 21.6 percent in 2016 to 21.3 percent last year, eroded by the New Taiwan dollar’s appreciation against the US dollar and lower margins at its new DRAM fab in Xian, China.

The fab made up 8 percent of Powertech’s revenue, which totaled NT$59.63 billion last year.    [FULL  STORY]