Yageo reports net profit increase of 80 percentOUTLOOK: Demand would maximize value in the high-end automotive, industrial, medical, aerospace, 5G and Internet of Things segments, the company saidBy Chen Cheng-hui / Staff reporterYageo Corp (國巨), which makes passive components, on Tuesday reported that net profit for last quarter increased 80 percent from a year earlier and 10.1 percent from the previous quarter to NT$3.63 billion (US$125.91 million). Earnings per share (EPS) were NT$7.37, the highest in the past seven quarters, the company said in a statement. An exterior view of the headquarters of Yageo Corp in New Taipei City’s Sindian District is pictured in an undated photograph. “Tantalum capacitors are seeing surging demand from the rollout of new generations of products by the graphics processing unit [GPU] vendors, plus the launch of new game consoles,” JPMorgan said. “These new GPUs and game console processors utilize a lot more tantalum capacitors than the previous generations,” it said.

Source: Taipei Times November 11, 2020 15:56 UTC