Notebook related IC designers see 20% decline in October; expect rebound in December

Notebook related IC design houses saw sequential revenue declines of around 20% in October 2009 due to fewer working days. However, they expect revenues to rebound slightly in December and may see sequential growth in the first quarter of 2010.

Global Mixed-mode Technology (GMT) has reported revenues of NT$342 million (US$10.57 million) for October, down 24% sequentially. The company estimated fourth-quarter revenues will drop 10-15% to NT$1.08-1.14 billion.

Ene Technology's October revenues dropped 21% to NT$131 million. It expects to see a more than 10% revenue decline in the fourth quarter, reaching NT$360-410 million.

Integrated Technology Express (ITE) had revenues of NT$338 million in October, a 19% decline from September, mainly due to decreased order volumes of smart I/O chips and keyboard controllers.

Article translated by Meiling Chen