Silicon Precision Industries' (SPIL) consolidated revenues for the third quarter of 2011 rose 10.8% sequentially, beating the firm's targeted 2-6% growth. But Advanced Semiconductor Engineering (ASE) saw sales from its core IC ATM (assembly test and material) business increase only 1% on quarter, missing its estimate of 3-6% sequential growth.

SPIL has reported NT$16.33 billion (US$538 million) in third-quarter consolidated sales, up from NT$14.74 billion in the prior quarter. Market observers credited the positive result to strong orders for MediaTek's handset solutions.

SPIL is scheduled to detail its operations in the third quarter of 2011 and guidance for the fourth quarter at its investors meeting on October 26.

ASE's IC ATM unit generated revenues of NT$10.66 billion in September, down 3.1% on month. The company said previously that the core business would enjoy sequential sales growth through September.

Revenues of ASE's IC ATM operation reached NT$32.58 billion in the third quarter, up slightly from the NT$32.26 billion posted in the second quarter. The firm's consolidated revenues, which include sales by Universal Scientific Industrial (USI), grew about 1% sequentially to NT$46.69 billion in the third quarter.

IC testing specialist King Yuan Electronics Company (KYEC) saw its third-quarter revenues increase 5.3% on quarter to NT$2.94 billion, meeting its previously-estimated flat to slight growth. Meanwhile, fellow company Sigurd Microelectronics' consolidated sales for the third quarter were NT$1.15 billion, similar to the prior quarter's levels.

Affected by production cutbacks at DRAM clients, Powertech Technology's (PTI) consolidated revenues for the third quarter of 2011 decreased 8.7% sequentially to NT$9.71 billion. It previously estimated an about 5% drop on quarter.

Source:digitimes