Asat sees steady growth on robust semiconductor demand

Asat predicts steady growth as semiconductor demand booms.

Asat, the world's fifth-largest semiconductor packaging and testing company, sees steady growth ahead as demand for semiconductors booms, driven by rapid growth in the communications industry.

Hong Kong-based Asat, which raised $240 million in an initial public offering on Nasdaq in July, expects its revenue to grow at a rate of 35% to 40% a year amid growing demand for computer chips tailored to the needs of companies that make products such as routers and cable modems for...

To continue reading, please login or register for free

Click for more on: asat | steady | growth | robust | semiconductor | demand

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...