Semiconductor banning and testing factory said today that the appreciation of the NT$ exchange rate in the second quarter affected the US dollar share exchange rate and the performance of single-quarter profits. The third quarter's revenue is po...
Semiconductor banning and testing factory said today that the appreciation of the NT$ exchange rate in the second quarter affected the US dollar share exchange rate and the performance of single-quarter profits. The third quarter's revenue is positively stable, but we still need to pay attention to tax changes. If the NT$ exchange rate in the third quarter maintains 29.5 yuan, gross profit and profit can return to the previous level, and the second half of the year benefited from customers' Chinese logic chip sealing and testing conversion.
Capital expenditure, Licheng Chairman Cai Xiaogong said that new products such as large-size fan-out panel packaging (FOPLP) have been recognized by customers, and Licheng will restart major capital expenditures to meet the demand for capacity expansion. Licheng Executive Director Xie Yongda said that Licheng originally planned to invest 15 billion yuan this year, which will increase to more than 19 billion yuan due to customer demand.
Li Cheng held a legal person briefing meeting this afternoon to observe the performance of the operating performance of the quarter.Li Cheng Chairman Cai Xiao said that even if the appreciation of the NT$' exchange rate in the second quarter exceeded 10%, the second quarter's closing was still 16.6% higher than the growth of the first quarter. However, the appreciation of the NT$' strong impact not only on gross profit but also on pure profit and the pure profit per share performance. The net US dollar accounted for the second quarter, affecting profit of NT$452 million and the pure profit per share of about NT$0.61.
From the product perspective, Licheng Executive Director Xie Yongda explained that the second quarter dynamic random access memory (DRAM) mobile memory benefited from spillover orders, quarterly and annual growth percentage; the customer demand for NAND flash memory parts changed, showing a decrease in the current quarter; the demand for solid-state hard drives (SSDs) for enterprises increased, showing a percentage of increase in the current quarter by quarter.
logical chip part, Xie Yongda pointed out that the company related to Licheng has exceeded its customers and has stable delivery, and its subsidiary Tera Probe/Terapower continues to develop customers. Overall, the second quarter Licheng increased its percentage of the total number of shares in the logical chip closure and merger of the second quarter.
Looking forward to the third quarter, Tsai said that the business amount is positively viewed as growth. If the exchange rate of New Taiwan Coin remains at 29.5 yuan, gross profit and profit can return to the previous level. Thank you for your evaluation, your career efforts this year are comparable to those in 2024.
Xie Yongda explained that from the perspective of industry, the third quarter was affected by the global trade environment and tax adjustment. Customers continued to place orders in advance, and the outlook for the third quarter was stable. However, the overall market atmosphere in the second half of the year was still cautious, and continued to pay attention to the measures of the US President Trump administration on technology trade competition and the development of tax-related issues.
From the product perspective, Xie Yongda said that the third quarter of Licheng DRAM can benefit from inventory recovery and new machine supply demand in the second half of the year, pushing up the demand for DRAM sealing. In addition, high-performance memory and storage components are more important for artificial intelligence (AI) applications, and will help the temperature and growth of DRAM sealing in the third quarter.
NAND memory and solid-state hard drive, Xie Yongda pointed out that the third quarter of NAND NAND sealed test orders can be used to grow in mobile phone and PC replacement trends, cloud-end high-level data center solid-state hard drive demand, showing significant growth, and can continue to increase related power in the fourth quarter to maintain high file level.
logical chips, Xie Yongda said that Licheng will continue to benefit from the power module and transfer orders from China (OOC) customer orders in the second half of the year, which is expected to help the logical sealing and inspection business acquisition.
logical chip advanced packaging test, Xie Yongda said that Licheng continues to develop 2.5D and 3D IC packaging products in a planned manner, and large-size fan-out panel packaging (FOPLP) is progressing positively.
AI chip application, Xie Yongda pointed out that Licheng has developed a high-power power module system and will have a contribution to the module investment in the second half of the year.
Product energy utilization rate, Licheng said that the rate of crop packing in the second quarter was about 80%, and the rate of crop testing was about 70%. The rate of crop packing in the third quarter could rise to 85%, and the rate of crop packing in the third quarter could maintain a water level of about 70%.
Licheng's merger closed 18.06 billion yuan in the second quarter, a quarterly increase of 16.6%, a quarterly increase of 15.9%, and a quarterly decrease of 1.1 percentage points. The second quarter's operating profit rate was 10.2%, a quarterly increase of 0.2 percentage points. The parent company's owner profited 960 million yuan, a quarterly decrease of 18.3%, and a quarterly gain of 1.3 yuan per share, lower than the first quarter's EPS of 1.58 yuan.
Licheng explained that the exchange rate of NT$ appreciated by 1%, affecting gross profit margin of about 0.6 percentage points. In the second quarter, the out-of-stock market lost 268 million yuan, the single quarterly exchange rate was about 670 million yuan, and the exchange income in the same period in 2024 was about 80 million yuan.
