Analysts positive on King Yuan Electronics’ outlookBy Chen Cheng-hui / Staff reporterAnalysts are positive on IC testing service provider King Yuan Electronics Co’s (京元電子) outlook due to its customers’ commitment to communication chips and complementary metal-oxide-semiconductor (CMOS) image sensors. King Yuan also counts Qualcomm Inc, Xilinx Inc and Nvidia Corp among its customers. A car is parked outside the headquarters of King Yuan Electronics Co in Hsinchu in an undated photograph. King Yuan shares closed 2.05 percent higher at NT$34.9 in Taipei on Friday, hitting its highest since Aug. 18. King Yuan reported cumulative revenue of NT$24.26 billion (US$842.04 million) in the first 10 months of the year, up 16.83 percent from NT$20.76 billion a year earlier.

Source: Taipei Times November 29, 2020 15:56 UTC