(March 6th, 2020, Taipei News) LSC (TWSE : 5305) was impacted by Coronavirus and experienced a lower than average labor return to work rate and a limited shipment transportation availability in February, as a result shipment were slowed and sales only managed to hit NTD392 million, a 20% decline both on a MoM and YoY basis.
Power Semiconductor products which contributed 72%, experienced a 22% and 27% decline on a MoM and YoY basis respectively. Modular System contributed 18% of total sales also declined 22% and 9% on a MoM and YoY basis respectively. Fortunately the labor return to work rate in Mainland China increased to over 80% at the beginning of March, with no further issues, sales is expected to resume to normal.
As On-Bright is no longer a subsidiary and therefore sales consolidation is no longer necessary, 6 inch foundry products sales contributed 9% and experienced both a YoY and MoM increased.
The China governing agency accepted Diodes Inc’s Antitrust normal procedure application in late February, Taiwan Fair Trade Commission is expected to examine LSC’s application in March as well.
Sales distribution for February of Year 2020 :
|6" Foundry 6"晶圓產品
|Revenue 營收 (NTD Million)