Powertech Technology is aiming to become the world's number-four IC packaging and testing house within two years, chairman DK Tsai told the company's shareholders at a meeting on June 15.

The bankruptcy filing of major client Elpida Memory did challenge and hit PTI's operations, but learning from the lesson, PTI is now clear about its future business focus, Tsai said. PTI is more determined to become a comprehensive provider of semiconductor packaging and testing solutions for sustainable growth, Tsai noted.

PTI's R&D efforts in 3D IC and other advanced packaging processes will start to bear fruit in 2013, said Tsai, adding that the complete offering of new technologies provides the firm a better chance of being the fourth-largest IC packaging and testing house worldwide in two years.

Tsai also indicated that PTI's acquisition of a controlling stake in Greatek Electronics is the right move, allowing PTI to expand its presence in the market for low pin-count products. PTI has shifted its packaging capacity for low pin-count devices to Greatek so that it can focus on developing higher-end offerings, Tsai added.

In addition, Tsai said that maintaining profit growth is PTI's principle goal and therefore, controlling company costs is an important part for the firm. PTI previously sold off its stake in Rexchip Electronics.

In other news, PTI at its shareholders meeting approved a cash dividend of NT$2 per share for 2011, when the firm reported net profits of NT$4.74 billion on consolidated revenues of NT$39.45 billion.