By Lisa Wang / Staff reporterPassive component maker Walsin Technology Corp (華新科技) yesterday posted the weakest fourth-quarter revenue report in about two years after revenue last month dropped 4.8 percent month-on-month due to fewer working days. The firm’s revenue last month fell 29 percent year-on-year to NT$2.15 billion (US$71.47 million) from NT$2.26 billion in November. Fourth-quarter revenue fell 9.83 percent quarter-on-quarter to NT$6.51 billion from NT$7.22 billion in the third quarter and declined about 80 percent year-on-year from NT$11.68 billion in 2018. In November, the company told investors that demand would likely recover when supply-chain inventory fell to a healthy level at the end of the year. Supply-chain feedback indicates that Walsin has tried to increase its factory utilization rate to satisfy a spike in customer demand for multilayer ceramic capacitors and chip resisters.

Source: Taipei Times January 08, 2020 15:33 UTC