Taiwan-based passive component makers Yageo and Walsin Technology Corporation (WTC) both expect to see revenues grow in the second quarter thanks to recovering demand. Yageo is likely to swing from losses to profits while WTC has seen its overall utilization rate rise to more than 80% and some of its orders have to be postponed until June, according to the companies.
Yageo and WTC saw net losses of NT$468 million (US$14.16 million) and NT$658 million, respectively, in the first quarter.
Article translated by Meiling Chen
