Reported 8 months ago
Rising Sun Semiconductor's Q1 performance has bottomed out, with expectations of growing revenue throughout the year due to increased capacity of reclaimed wafers. The market is optimistic about the company's potential in providing wafers needed for power supply in 3D packaging and CoWoS-S orders, becoming new growth drivers. The company's Q1 consolidated revenue was 735 million NT dollars, with a slight decrease from the previous quarter but an annual decrease. Looking ahead, with the semiconductor industry showing a positive trend from 2024, Rising Sun Semiconductor, being part of the AI supply chain, is set for significant growth in 2025.
Source: YAHOO