Gudeng forecasts record revenue growth this year - News Summed Up

Gudeng forecasts record revenue growth this year


Gudeng forecasts record revenue growth this yearBy Lisa Wang / Staff reporter, in TainanGudeng Precision Industrial Co Ltd (家登), the sole supplier of extreme ultraviolet (EUV) pods to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), yesterday forecast record, double-digit percentage revenue growth for this year. Gudeng’s comments came after TSMC on Jan. 14 forecast quarterly revenue growth of up to 2.52 percent, bucking a seasonal lull in the January-to-March quarter. Gudeng also supplies pods to Intel Corp.EUV pods are to make up about 60 percent of its wafer pods, up from 50 percent last year, Chiu said. Gudeng expects a double-digit percentage increase in revenue this year from NT$2.5 billion (US$88.06 million) last year, as its major customer accelerates production of 5-nanometer chips, which require more EUV pods than 7-nanometer production. “Order visibility from Chinese customers is stronger in the second quarter,” Gudeng said in a statement.


Source: Taipei Times January 25, 2021 15:56 UTC



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