All data are based on the daily closing price as of November 22, 2024

Chunghwa Precision Test Sees September Revenue Surge by 46.6% Year-on-Year

Strong demand for AI and HPC chip testing drives substantial quarterly and annual growth
Taiwan
c 6510.TWO Mid and Small Cap 2000 Tech 350
Share this on

Chunghwa Precision Test Tech. Co. reported September consolidated revenue of NT$317 million (US$9.85 million), reflecting a 5% rise from the previous month and a 46.6% increase year-on-year. The company’s third-quarter revenue reached NT$917 million (US$28.5 million), marking a 26.9% improvement over the previous quarter and a 32.4% rise compared to the same period in 2023.

For the first nine months of 2024, cumulative revenue hit NT$2.32 billion (US$72.1 million), a 9.6% increase year-on-year. The company’s performance was bolstered by rising demand for high-frequency and high-speed testing related to AI chips, particularly in the second half of the year.

Chunghwa Precision attributed its growth to robust orders for AI-related chip test boards, including smartphone chip probe cards and ultra-high-speed computing (HPC) components. These product segments contributed over 40% of revenue in September, as shipments ramped up for both domestic and international clients, driving the company’s highest monthly revenue in 21 months.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top