On a monthly basis, the group’s revenue increased 2.3 percent, the companies’ filings with the Taiwan Stock Exchange showed. “We had thought that an intensification of the COVID-19 pandemic plus a shortage of shipping containers would depress first-quarter revenue,” FPC president and chairman Jason Lin (林健男) said. “Now, we expect first-quarter revenue to equal or slightly surpass fourth-quarter revenue.”Lin attributed the improved outlook to higher products prices and China’s “no travel” policy. Nanya president Wu Chia-chau (吳嘉昭) attributed the figures — its eighth consecutive month of revenue growth — to demand for copper-clad laminate and other electronic components. Formosa Petrochemical Corp (台塑石化) reported a contraction in year-on-year revenue to NT$42.24 billion — up 4.1 percent from December, but down 27.3 percent year-on-year.

Source: Taipei Times February 05, 2021 15:56 UTC