United Integrated Services (UIS), a Taiwan-based provider of engineering system integrated services for construction of high-tech factories, has had orders on hand totaling NT$54.051 billion (US$1.80 billion) in value, according to the company.
UIS said at its latest investors conference it received orders worth NT$5.789 billion during January-April 2020.
Most of the orders come from the domestic market, including from Taiwan Semiconductor Manufacturing Company (TSMC) for constructing 1st-phase to 4th-phase Fab 18 plant and Micron Memory Taiwan for constructing A2 and A3 plants, while 10-20% of the orders are from the China market, according to industry sources.
Its other major Taiwanese clients include Powerchip Technology, Winbond Electronics, Macronix International and AU Optronics (AUO), while China-based clients include ChangXin Memory Technologies, Yangtze Memory Technologies, Nanjing CEC Panda LCD Technology, SDP-GZ and Century Technology (Shenzhen), said the sources.
As the revenue proportion for the China and Singapore markets decreased from 47% in 2018 to 19.5%, the domestic market is the source of business growth in 2020, UIS indicated.
UIS posted consolidated revenues of NT$6.847 billion, gross margin of 18.64%, net operating profit of NT$978.0 million, net profit of NT$745.7 million and net EPS of NT$3.91 for first-quarter 2020.
The company has reported consolidated revenues of NT$3.045 billion for April, its highest-ever monthly level with growth of 22.32% sequentially and 62.60% on year, and those of NT$9.891 billion for January-April rose 15.55% on year.