Powertech net profit declines on sluggish demandBy Lisa Wang / Staff reporterPowertech Technology Inc (力成科技), the world’s biggest supplier of memory chip packaging and testing services, yesterday said that net profit dipped 7.1 percent sequentially last quarter due to sluggish demand for system-in-package (SiP) modules and mobile DRAM chips. The headquarters of memorychip packager and tester Powertech Technology Inc at the Hsinchu Science Park is pictured on April 21. Photo: Hung Yu-fang, Taipei TimesOn an annual basis, net profit improved 1.4 percent from NT$1.6 billion. Powertech will continue to provide NAND flash memory packaging services to Intel before the deal is completed in 2025, he added. Strong packaging and testing service demand for logic chips, DRAM and flash memory chips used in PCs amid the work-from-home and online learning trends would drive growth, Powertech chief executive officer Boris Hsieh (謝永達) said.

Source: Taipei Times October 22, 2020 15:56 UTC