Next quarter, it would continue to operate its factories at a high utilization rate to meet end-market demand, Yageo said. Yageo’s revenue last month was its best ever for June and brought revenue in the second quarter to NT$27.73 billion, up 105.9 percent from NT$13.47 billion in the same period last year. The company’s growth could be linked to the financial performance of its conductive paste supplier, Ample Electronic Technology Co (勤凱科技). Ample yesterday posted record revenue of NT$162.52 million for last month, up 60.56 percent from NT$101.22 million a year earlier. During the quarter ended Wednesday last week, Ample saw aggregated revenue soar 53.87 percent year-on-year to NT$472.81 million from NT$307.28 million.
Source: Taipei Times July 06, 2021 16:02 UTC