Chunghwa Precision posts highest-ever Q2 profitBy Lisa Wang / Staff reporterWafer probing services provider Chunghwa Precision Test Technology Co (中華精測) yesterday said net profit last quarter reached NT$233 million (US$7.9 million), its highest second-quarter revenue ever, and maintained a cautiously optimistic outlook for the second half of this year. Chunghwa Precision Test Technology Co chairman Lin Kuo-feng, left, and president Scott Huang pose for a photograph at the company’s quarterly earnings conference in Taipei yesterday. Chunghwa Precision attributed the strong growth to resilient demand for its services for a variety of chips used in 5G smartphones. With prices of 5G smartphones falling rapidly, Chunghwa Precision is optimistic about global 5G smartphone growth, chairman Lin Kuo-fang (林國豐) told an investors’ conference in Taipei. Chunghwa Precision said rising demand for its vertical probe card business contributed to its optimistic outlook.

Source: Taipei Times August 05, 2020 15:56 UTC