‘REASONABLE PRICES’: The company said it could supply 95% of components sold by Murata, which is exiting electronics, but would expand capacity to meet demand
Taipei Times
Date: Jul 07, 2018
By: Lisa Wang / Staff reporter
Yageo Corp (國巨), the nation’s biggest passive component supplier, yesterday reported record-high revenue for last month as it benefited from persistent supply constraints and increased its output of high-margin components.
Revenue more than tripled to NT$8.54 billion (US$280 million), compared with NT$2.46 billion in June last year, marking the fourth consecutive month of rising revenue.
During the quarter ending on Saturday last week, revenue jumped 159.4 percent to NT$19.24 billion from NT$7.83 billion in the same period last year, Yageo said.
The company in a statement attributed the growth to “solid demand” and across-the-board and expansion of its high-end components capacity. [FULL STORY]