IC packaging specialist Siliconware Precision Industries (SPIL) will likely see its 2017 revenues hit a record high for the second consecutive year, according to market watchers.
SPIL is expected to post flat or slight on-year growth in revenues for the first quarter of 2017, and a 5-10% increase for all of the year, said the watchers.
SPIL's consolidated revenues for January 2017 reached NT$6.88 billion (US$221.5 million), up 3.7% on year but down 7.9% sequentially. Despite the sequential decrease, January revenues were relatively high compared to the same quarter in previous years.
SPIL had record revenues of US$85.11 billion in 2016. The company generated net profits of NT$9.93 billion in 2016, up 13.4% on year, with EPS reaching NT$3.19.