New revenue drivers to benefit Chilisin: analystsBy Chen Cheng-hui / Staff reporterChilisin Electronics Corp (奇力新), the nation’s largest power inductor manufacturer, would continue to benefit from steady demand for inductor components due to the work-from-home economy, while high-margin molding chokes and low-temperature cofired ceramic (LTCC) components are expected to become new revenue drivers, analysts said. A sign displaying the logo of Chilisin Electronics Corp is pictured at the company’s headquarters in Hsinchu County’s Hukou Township on June 20, 2018. The deal — with Chilisin acquiring 100 percent shares of Bothhand for NT$2.8 billion — would hurt Chilisin’s revenue outlook in the short term but benefit its operations in the long term, they said. The transaction is expected to be completed by the end of this month, Chilisin said on Dec. 23. Yuanta has retained its “buy” rating on Chilisin with a target share price of NT$135, but forecast that the company’s revenue would decline 10 percent year-on-year this year and net income would drop 4 percent from last year.

Source: Taipei Times January 03, 2021 15:56 UTC