core technology news (text/Roy) Quartz component factory Crystal Technology benefited from the strong demand for Netcom and high-end mobile phone applications in July, with a single-month revenue of NT$752 million (the same unit below), a monthly increase of 9.28%, an increase of 8.79% over the same period last year, rewriting the 9-month high.
has accumulated consolidated revenue of 4.32 billion yuan in the first seven months of this year, a decrease of 2.31% from the same period last year.
Looking ahead to the future market, Chairman Lin Wanxing recently pointed out that inventory has returned to seasonal water level and capacity utilization is close to full load. We are optimistic that the third quarter will enter the traditional peak season, and performance is expected to improve significantly, and this year's performance has grown quarter by quarter and gross profit margin returns to normal levels.
Crystal Technology has been in the 5G, Netcom, automotive and micro-electromechanical systems (MEMS) markets in recent years. General Manager Guo Yaping also estimates that the capital expenditure this year will be approximately 720 million yuan, mainly used in investment in quartz crystal (Crystals), quartz crystal oscillators (Oscillators), etc.
In addition, due to the significant increase in demand for miniaturized products, Jingji will invest 2.5 billion yuan in the Taoyuan Pingzhen factory to expand equipment to produce miniaturized products such as 5G application quartz crystals and micromechanical and electromechanical products. It is expected to be completed in 2021.
It is understood that Jingji is the first quartz component factory in the industry to be approved by the economic authority to invest. Jingji's supervisor pointed out that after the application for this investment case is approved, a loan of 2 billion yuan will be made to expand the equipment. (Proofreading/Jurnan)
Image source: Jingji
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