Taiwan-based wafer producer, Sino-American Silicon (SAS), saw a rebound in flagging sales in September, due to the fall-out in orders due to the US anti-dumping case.
SAS reported September 2014 sales of NT$2.505 billion (US$82.3 million), up 12.7% from NT$2,220 million (US$74.1 million) in the previous month, ending two months of sequential decline.
“From early September, the entire supply chain has been preparing for the imminent surge in demand from China and Japan that will come in the fourth quarter,” said Jason Huang, research manager at EnergyTrend, a subsidiary of the Taiwan-based market intelligence firm TrendForce, in a recent research note.
However, the lull in orders in the third quarter resulted in revenue falling around 3.5% from the previous quarter.
SAS also said in a separate financial filing that it was proposing an initial public offering (IPO) for its subsidiary, GlobalWafers Co. Timelines were not disclosed.