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Holtek expects revenue to increase in Q2

Holtek expects revenue to increase in Q2 By Lisa Wang / Staff reporter Holtek Semiconductor Inc (盛群半導體) expects revenue to grow sequentially by a double-digit percentage this quarter, with growth momentum potentially extending into next quarter due to price hikes and healthy customer demand mainly from China, a company executive said yesterday. The microcontroller units developer said it is considering raising prices further in the second half of this year to reflect an uptrend in wafer costs. Holtek raised the prices of all of its products by 15 percent this month. Armstrong Tsai, vice president of the Holtek Semiconductor Inc sales and marketing center, poses for a photograph at an investors’ conference in Taipei yesterday.

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