MLCC maker Holy Stone developing upstream materials Patty Wang,Taipei;Steve Shen,DIGITIMES[Wednesday 6 June 2012]Holy Stone Enterprise,a Taiwan-based supplier of multi-layer ceramic capacitors,is strengthening its development of upstream materials and technologies for production of ceramic powder,precision metals and substrates,according to company chairman Jing-rong Tang.
Holy Stone is looking for more opportunities and sustained growth in revenues and profits by moving to the upstream industry,since there are no signs indicating the macro-economic conditions will turn for better soon,and the market for passive components is unlikely to improve significantly in the second half of 2012,Tang stated.
The company is expected to start using in-house developed raw materials for the production of MLCCs in 2013 targeting the niche market segment,Tang revealed.
Meanwhile,the company has decided to hand out cash dividends of NT$2(US$0.07)for 2011.
