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January 9, 2017 Wah Lee Industrial Corp. (3010.TT) announced its December 2016 unaudited consolidated sales of NT$3,710M, which was an increase of 4.1% from last month and an increase of 1.2% from the same period of last year. 2016 full-year consolidated sales posted a minor decrease of 1.25% compared to the same period last year and resulted in NT$39,542M.
Wah Lee’s December consolidated sales still benefited from the steady growth momentum in the C/C and Semiconductor industries; FPD and Green Energy sectors were also in the recovery. High-end engineering plastics have more diversified applications, including new USB Type C connectors and DDR4 memory sockets, as well as emerging demands from food packaging and medical consumables. C/C grew by 8% YoY in 2016. Semiconductor benefited from the increasing demand from foundry customer’s advanced manufacturing processes, using Wah Lee’s high-end electronic grade chemicals such as Photoresists and CMP slurry. Semi grew by 11% YoY in 2016.
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Sectors |
FY 2016 Sales % |
|
Computer/Communication(high-end engineering plastics & PCB) |
44.2% |
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Semiconductor |
24.0% |
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FPD (TFT LCD, touch panel) |
15.6% |
|
Green Energy (solar, LED, rechargeable battery) |
10.9% |
|
Others |
5.3% |