Global Unichip, reported a consolidated revenue of NT$2.192 billion for March, reflecting a solid monthly increase of 24.56% but a marginal year-on-year decrease of 0.03%. The first quarter saw a consolidated revenue of NT$5.690 billion, marking a year-on-year decrease of 12.84% and a quarterly decrease of 9.88%. These figures, while demonstrating resilience, also underscore the challenges faced by the company in a competitive market landscape.
Global Unichip’s stance for the coming year is marked by caution. During the first quarter’s earnings call, the company projected a slight decrease in first-quarter revenue and a modest increase in gross profit margin. The deferred demand from customers, which had previously been put on hold, is anticipated to begin materializing in the second quarter, potentially providing a much-needed boost to revenue figures.
For the full year, Global Unichip estimates an annual revenue growth rate in the single digits. The company cautioned that the gross profit margin might not see substantial growth and could even experience a slight decline. The overall profitability for the year will largely depend on the pace of revenue growth.
This conservative outlook reflects Global Unichip’s pragmatic approach to navigating the uncertainties in the global semiconductor market. The company remains focused on managing operational efficiencies and capitalizing on emerging demand trends as it works towards stabilizing and improving its financial performance amidst fluctuating market conditions.
