IC packager Siliconware Precision Industries (SPIL) saw its May revenues increase 6.7% sequentially to NT$6.99 billion (US$232.4 million).

Compared to a year ago, SPIL's revenues for May 2017 represented a 6.3% decrease. The company's cumulative 2017 revenue through May came to NT$33.1 billion, down 1.5% on year.

Market watchers expect SPIL to post a 4-5% sequential increase in revenues for the second quarter of 2017 to between NT$20.3 billion and NT$20.5 billion. Stable growth in demand for PCs and memory will buoy SPIL's sales performance in the second quarter, but growth in demand for high-end smartphone chips from China remains uncertain, according to the watchers.