CHIPMAKER: Demand for products from its smartphone customers has been increasing and next year is likely to be strong as well on the back of 5G phones and applications

Taipei Times
Date: Oct 28, 2019
By: Lisa Wang  /  Staff reporter

Win Semiconductors Corp (Win Semi, 穩懋半導體) holds a strong outlook for the current quarter, thanks to resilient demand from smartphone and infrastructure segments.

The world’s largest compound semiconductor foundry, which is 4.72 percent owned by Avago Technologies Ltd, last week said it expects revenue to grow by a mid-single-digit percentage to a record high, compared with the NT$6.4 billion (US$209.2 million at the current exchange rate) that it made last quarter.

That would boost revenue this year by 20 percent from last year’s NT$17.31 billion, the company forecast on Friday.

“Almost all smartphone customers are showing increased demand for our products in the fourth quarter, compared with the third quarter,” Win Semi president Steven Chen (陳舜平) told investors in a teleconference.    [FULL  STORY]