Holtek Semiconductor Inc. expects to double its security chip shipments this year, backed by a 15-million-unit order from a North American customer. The Taiwan-based microcontroller maker aims to reverse its 2024 losses despite ongoing inventory adjustments across distribution channels.
The company posted a net loss of NT$150 million ($4.7 million) in 2024, with revenue dropping 4% to NT$2.50 billion ($78.8 million). CEO Jung-Tsung Tsai cited dealer inventory corrections as the main factor behind the disappointing results, which translated to a loss of NT$0.66 per share.
Looking ahead, Tsai expects security chip shipments to exceed 40 million units in 2025, up from 20 million last year. The company also anticipates growth in its induction cooker and brushless DC motor controller segments.
While expressing optimism about first-quarter performance, Tsai remained cautious about potential U.S. tariffs on Taiwanese semiconductors, noting that the policy landscape remains uncertain.
