02 Nov '12, 8am

Topco 3Q12 profits up almost 40%:

Topco 3Q12 profits up almost 40% Patty Wang, Taipei; Jessie Shen, DIGITIMES [Friday 2 November 2012] Net profits at Topco Scientific, which distributes semiconductor materials and equipment, registered a 38.4% sequential increase in the third quarter of 2012, while revenues slipped 2.7% on quarter. In the third quarter, semiconductor materials including silicon wafers and photoresist solutions accounted for 79% of Topco's total revenues, followed by electronics materials with 12%, and solar and LED materials with 6.5%. Rising demand for advanced manufacturing processes led to the higher sales ratio for the IC materials segment, Topco revealed. Taiwan Semiconductor Manufacturing Company (TSMC) reportedly is among Topco's chip customers. The foundry's ongoing expansion for 28nm production has boosted shipments of Topco's semiconductor materials, according to market sources. ...

Full article: http://www.digitimes.com/news/a20121031PD213.html

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