Siliconware Precision Industries (SPIL) expects its sales growth to outperform the industry average in 2011, company chairman Bough Lin said at an investors meeting on January 26.
SPIL's shift to copper process technology, which mitigates the impact of gold pricing, will buoy the company's performance in 2011, Lin believes. Meanwhile, SPIL expects its revenues for 2011 to increase on a particularly-low base for 2010, Lin said.
2010 was a challenging year for SPIL, Lin indicted. Rising gold costs, currency exchange rate fluctuations and slower-than-expected progress towards copper wire bonding affected the company's performance.
In addition, Lin reiterated his estimate that the global packaging and testing industry will see a 7-13% rise in 2011.
Recent data show signs of economic recovery in the US, Lin pointed out. In addition, booming smartphone and tablet PC sales are expected to drive growth of the overall chip sector in 2011, Lin said, adding that demand for conventional PCs is also picking up.
Lin projects the global semiconductor market should enjoy a 4-6% increase in 2011.