| Investment Spotlight / Contact Us / Proposal /; 繁體中文 } |
|
| Investment Spotlight / Contact Us / Proposal /; 繁體中文 } |
|
July 7, 2017 Wah Lee Industrial Corp. (3010.TT) reported its June 2017 unaudited consolidated sales of NT$3,702M, a record high this year and a 5.94% growth from the same period last year, a 11.55% growth from previous month. Cumulative 2017 Jan.-June consolidated sales was NT$19,303M and grew by 1.39%, compared to the same period last year. 2017Q2 sales showed particularly strong growth from 2017Q1 sales, which grew by 10.08%.
Accompanied with the development of AI, Cloud Computing, and IoT, and the coming 10th anniversary of iPhone launch, numerous new mobile devices to arrive at the market in the 2nd half of this year, semiconductor industry is really booming.
Based on the data from SEMI, the shipment of global semiconductor equipments has reached US$13.1 billion in the first quarter this year. Its QoQ growth was 14% and YoY growth even reached 58% and has set record high in the history. The highlight was from mainland China, which ranks top 3 among global semi equipment purchasing. Especially with the help from the Chinese government, Chinese semi companies will build 14 new fabs and will climb to world top 2 in terms of semi equipment purchasing in 2018.
Wah Lee has not only successfully operated in Taiwan and Singapore semiconductor markets, but also has developed the Chinese semi market for many years. Along with the new 12 inch fabs operated by Taiwanese companies in China started production since last year, Wah Lee has already penetrated into the supply chain. In addition, Wah Lee has also been in long-term cooperation relationship with Chinese and foreign owned fabs in China such as HLMC Shanghai and SMIC. Other semi companies that Wah Lee is approaching for supply rights include: YMTC (Yangtze Memory Technologies Co.), JHICC (Fujian Jinhua Integrated Circuit Co.), and HIDM (Huaian Image Device Manufacturer). Wah Lee expects to aggressively grab the supply rights to all the major fabs with the help from its raw material suppliers and the wide array of product portfolio. This will set up the cornerstone for Wah Lee’s growth for the next 2~3 years in the Chinese semi market.
Wah Lee’s major semi materials include photoresist for the advance nodes, bulk chemicals, and electronic-grade specialty gases. Its semiconductor sales in China has grown by 36.2% in the 1st half of this year, compared to the same period of last year. The related sales will continue to contribute to the Company’s overall sales in the 2nd half in view of the strong semi industry momentum.
|
Sectors |
Jan.-June 2017 Sales % |
|
Computer/Communication(high-end engineering plastics & PCB) |
46.1% |
|
Semiconductor |
25.3% |
|
FPD (TFT LCD, touch panel) |
15.9% |
|
Green Energy (solar, LED, rechargeable battery) |
7.9% |
|
Others |
4.8% |