Bits + chips
PSI expanding wafer thinning business
Monica Chen, Taipei; Jessie Shen, DIGITIMES
Thursday 14 June 2018

Phoenix Silicon International (PSI), which specializes in wafer reclaim services, expects steady growth in its wafer thinning business in 2018. The product segment has expanded to account for about 35% of PSI's total revenues.

Meanwhile, robust demand for power MOSFET devices will buoy further PSI's sales performance in 2018, according to the company.

Sales of PSI's wafer reclaim services currently account for 40-45% of the company's overall revenues. PSI also provides customized MEMS OEM services, which account for 10-15% of its total revenues.

PSI reported earnings per share of NT$1.43 (US$0.05) on consolidated revenues of NT$1.86 billion for 2017. Revenues generated from the semiconductor industry continued to make the largest contribution to PSI's revenue and profit performance.

PSI stepped into production of lithium-ion (Li-ion) batteries in 2006. In 2017, PSI spun off its battery business into a separate entity which is engaged in production of mainly cylindrical lithium iron phosphate batteries for use in energy-storage applications.

PSI's battery unit posted revenues of NT$144 million in 2017, up 16.1% on year. However, the business remained unprofitable with losses of NT$112 million due to low production capacity utilization rates.

In other news, PSI expects to start listing on the TWSE mainboard in July 2018. The company started trading on Taiwan's emerging stock market in December 2014.

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