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Wafer Works eyes NT$10bn revenue

‘SELLER’S MARKET’: Demand has greatly surpassed supply in the silicon wafer market and prices will continue to climb in the third quarter, company spokesman Mark Hsu said

Taipei Times
Date: Jun 28, 2018
By: Lisa Wang  /  Staff Reporter

Wafer Works Corp (合晶) yesterday said that annual revenue would continue to grow to exceed NT$10 billion (US$328.36 million) next year, bolstered by a significant capacity expansion from its fabs in China and at home.

The capacity expansion comes amid an ongoing scarcity in silicon wafer supply, which has boosted wafer prices and financial performances of wafer suppliers over the past year.

Wafer Works expects the supply crunch to persist this year.

“It is a seller’s market for silicon wafers. Demand has greatly surpassed supply,” company spokesman Mark Hsu (許明哲) told reporters. “Shipments and prices will continue to climb in the third quarter, extending an uptrend over the past [few quarters].”

Hsu declined to say how big the price increase would be.    [FULL  STORY]

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