2017 YoungTek’s third quarter profit hits a new high in the same period of nearly three years, and its reinvestment into IoT will become a growth driver for next year ｜ News

YTEC (TW OTC: 6261) yesterday (12th) held an investor conference announce the third quarter and November self-assertion revenue. The third quarter of 2017 revenue reached a new high in the same period of nearly three years, which was NT$950 million. , Quarterly growth of 0.5%, annual growth of 4.8%, EPS 1.31 NTD, gross profit margin of 30.28%, net profit after tax was NT$169 million, quarterly growth of 8%, year-on-year growth of 84.3%; profit for the first three quarters of 2017 was NT$365 million, earnings per share of NT$2.84, an annual increase of 3.5%; November revenue was NT$322 million, a monthly increase of 2.78%, an annual increase of 7.41%, of which the semiconductor test foundry business revenue was NT 149 million, semiconductor and photoelectric cutting and inspection foundry business was NT$124 million, and sales of self-owned equipment were NT$49 million.

General Manager Glen Chen of YTEC pointed out in the meeting that YTEC’s biggest advantage lies in its mastery of self-made equipment R&D technology and a keen sense of entering the niche market. Being optimistic about the importance of RFID for big data collection in the trend of the Internet of Things, YTEC has developed self-made RFID back-end OEM service equipment, and then transferred it for self-use investment. Yangzhou YTEC has entered the IoT industry chain and has gradually achieved results in the second half of 2017. As the terminal demand and application of the Internet of Things enter the growth period, YTEC will continue to benefit and is expected to become a driving force for operational growth in 2018.

Tony Liu, the spokesperson of YoungTek Electronics, said that YTEC will continue to optimize its product portfolio and take an optimistic view of the contribution of RFID, WLCSP and Mini LED layouts to revenue in 2018. Among them, the optoelectronics business will first squat and then jump, and the transformation effect will be shown next year. Brings in new vibes for wafer sawing, IC Pick & Place services , on the other hand semiconductor back-end OEM service is growing relatively stable, and the sales of self-developed equipment have the opportunity to continue to set new highs, and the goal is to achieve double-digit revenue growth for the whole year of 2018.

About YoungTek (YoungTek)：https://www.ytec.com.tw/

YoungTek (TW OTC: 6261) is oriented to provide customers with integrated Turn-key Solution services, and the scope of services covers semiconductors, optoelectronics And wireless communication industry, establish a complementary and balanced diversified product line to meet the requirements of semiconductor PC peripherals, logic (Logic), analog (Analog), mixed-signal (Mixed-Signal), non-volatile (Non-volatile) memory, MCU , RF, USB, MEMS, touch, fingerprint reader, LCD driver IC and other product specifications testing and sawing and grinding OEM services; and stepping into the optoelectronic industry, for the development of LED product substrate sawing, testing and inspection technology It also has significant results; it also develops, manufactures and sells optoelectronics and semiconductor equipment. In addition to fully mastering the key technology and components of the equipment, it can also effectively reduce the company's capital expenditures. It also has a high degree of integration and design of customer products. Flexibility to increase the competitive advantage of YTEC and its customers.

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        YoungTek Electronics Corp.