Trade Resources Industry Views Gigastorage Reports September Consolidated Revenues up 76.22% on Year

Gigastorage Reports September Consolidated Revenues up 76.22% on Year

Solar-grade crystalline silicon wafer maker Gigastorage has reported September consolidated revenues of NT$648 million (US$21.7 million), rising 76.22% on year and by 8.07% on month, according to the company.

Gigastorage's third-quarter consolidated revenues totaled NT$1.853 billion, slipping 12.73% sequentially, and consolidated revenues for January-September reached NT$5.949 billion, up 21.39% on year.

Since Gigastorage has almost fully utilized its production capacity, the company in early October acquired a 100% stake in fellow maker Wafering Technology to quickly expand production capacity.

To staying focused on solar wafers, Gigastorage has been shifting blank optical disc production to its subsidiary in Thailand.

Gigastorage: Consolidated revenues, Apr 2013 - Sep 2013 (NT$m)

 

Gigastorage: Consolidated revenues, Apr 2013 - Sep 2013 (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Sep-13

648

8.1%

76.2%

5,949

21.4%

Aug-13

600

(0.9%)

33.9%

5,301

16.9%

Jul-13

605

(0.8%)

6.5%

4,701

15.1%

Jun-13

610

(23%)

(2.2%)

4,095

16.5%

May-13

792

9.9%

21%

3,485

20.5%

Apr-13

721

(2.1%)

20.5%

2,693

20.3%

*Figures are consolidated

Source: TSE, compiled by Digitimes, October 2013

Source: http://www.digitimes.com/news/a20131009PD200.html
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Gigastorage September Revenues up Over 72% on Year
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