SFA Semicon Phils. Corp.
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PSPC boosts shipments to Samsung Electronics

Posted on November 11, 2016

PHOENIX Semiconductor Philippines Corp. (PSPC) on Thursday said its third quarter shipments of memory devices to Samsung Electronics Co. Ltd. have exceeded expectations.

In a disclosure to the stock exchange, PSPC said it shipped 160 million units, with an export value of $452 million, to the South Korean tech giant during the July to September period. The export value is 62% higher than the $279 million registered in the second quarter.

PSPC said it produced and shipped 57 million 8- and 4-gigabyte dynamic random access modules (DRAM) and flip-chip memory chips in the third quarter. It also assembled 88 million units of double data rate third generation (DDR3) DRAM devices and produced 15 million branded memory cards.

“We aim to increase production of the double data rate fourth generation (DDR4) memory chips in the fourth quarter,” PSPC President Byeong-chun Lee said.

The company said fourth quarter production orders are expected to hit 210 million units of memory devices, while production of DDR4 chips are expected to go up 62% to 78 million units from the previous quarter.

PSPC, a wholly-owned subsidiary of South Korea’s STS Semiconductor and Telecommunications Co., is one of the Philippines’ top semiconductor product manufacturers and exporters which produces units in its facility in Clark Freeport, Pampanga.

Shares in PSPC slid 0.69% on Thursday to P1.44 apiece. -- Janina C. Lim
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Up ko lang guys... gumalaw ngayong araw....
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up natin heheh

symbol changed to SSP
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...natabunan na 'to Big Grin

SSPC opens $51-M facility in Clark for production of latest multimedia cards

SFA SEMICON Philippines Corp. (SSPC) opened its $51-million manufacturing facility in Clark Freeport Zone, Pampanga yesterday, where it plans to start producing the latest version of embedded multimedia cards (eMMC) found in tablets, smartphones, and GPS tracking systems.

In a disclosure to the stock exchange on Tuesday, SSPC said the new facility forms part of the second phase of its manufacturing building in Pampanga, and will have a gross manufacturing footprint of 18,000 square meters. The company targets to accommodate service contracts from new clients with the facility.

SSPC is the local manufacturing arm of Korean firm SFA Semicon Korea. The company has a business transaction agreement to supply its products to Samsung Electronics Co., Ltd. until May 2019.

“The Phase 2 expansion project reflects the commitment of Korea’s SFA Group to make SSPC its manufacturing hub in the region,” SFA Semicon Korea Chief Operating Officer Byeongchun Lee was quoted as saying in the disclosure.

Prior to the opening of the facility, SSPC was already the top export revenue earning locator in Clark Freeport Zone. It expects to further increase its export revenues with this expansion.

With the opening of the plant, SSPC said it will now start manufacturing the newest version of eMMC chips for which the company has invested $4.3 million.

SSPC described an eMMC chip as an advanced, high-performance NAND flash memory designed for mobile applications used in tablets, smartphones, GPS systems, eReaders, and other computing devices.

Aside from eMMCs, the company also produces DDR4 generation dynamic random access chips.


source: http://bworldonline.com/sspc-opens-51-m-...dia-cards/
Pls don't follow me....I'm lost too! hehe
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4-14

Higher costs weigh on SFA Semicon profit

SEMICONDUCTOR assembly and test company SFA Semicon Philippines Corp. said on Friday that higher raw material costs weighed on earnings in 2017.

The company reported a 71.5-percent decline in net income last year, to $1.83 million versus the $6.42 million recorded in 2016.

However, gross revenues increased 21 percent to $207.77 million in 2017 from $171.82 million the previous year.

“The memory segment in the outsourced semiconductor assembly and test (OSAT) industry was affected by increased cost of raw materials and price pressures due to intense competition among OSAT players,” SFA Semicon President Byunggil Go said in a statement.

“The DRAM and NAND memory OSATs were faced with supply constraints in raw materials due to the unexpectedly strong recovery in final-market demand in the global semiconductor industry,” he said.

SFA said net earnings were affected by the 29 percent rise in cost of sales, which includes raw materials, depreciation, labor and other manufacturing costs, to $201.07 million. The increased costs resulted in a 54 percent decline in gross profit from $15.40 million in 2016 to $6.70 million last year.

Meanwhile, the company attributed the 21 percent gross revenue increase to the 11 percent expansion of production volumes, with a full-year output of 655 million memory devices from 591 million units during the previous year, and the shift in product mix to DDR4 DRAM modules and new orders for the new-generation eMMC line.
 
Last year, the company produced 427 million DDR4 DRAM memory modules, 121 million DDR3 DRAM memory modules and 69 million IC memory component chips.

The company said finance cost was reduced by 50 percent last year to $1.4 million as SFA Semicon refrained from long-term borrowings for the construction of the recently completed Phase 2 manufacturing facility, which is intended to cater to more clients other than Samsung.


source: http://www.manilatimes.net/higher-costs-...it/392433/
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8-15

SFA Semicon H1 profit down 30%  

SFA Semicon Philippines Corp. posted 30 percent lower net profit in the first six months of the year to $321,000 from the $459,000 in the same period last year due to higher cost of goods sold. It said cost of goods sold rose 2 percent to $98.70 million from $96.78 million previously due to the marked shift in the company’s product mix. However, revenues increased 2 percent to $101.73 million, driven by a 3-percent increase in production volumes of memory products. 


source: https://www.manilatimes.net/sfa-semicon-...30/430586/
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