Kinsus Interconnect Technology Corp. Expects to Pick up in Q3

Kinsus Interconnect Technology Corp. (Kinsus), an IC manufacturer, expects to pick up in the third quarter. Benefiting from the launch of the i8 and new non-Apple models, Kinsus is expected to come out of the trough and make a greater profit compared to the first half of last year.

 

In terms of high-end products, Kinsus is expected to grow again in Q3 due to the increasing contribution of substrate-like PCB (SLP) and the stable demand for SiP designed for China’s smartphone power amplifier (PA), and IC designed for fingerprint identification. Analysists also expect that due to the growth of application for key accounts, Kinsus will peak in the fourth quarter in terms of revenue and profit and enjoy a greater profit in the second half of the year compared to the first half of the current year.

 

In addition to the SLP supplier for Apple, Kinsus is also a supplier for Qualcomm, Broadcom, and Nvidia. As Nvidia is the leading manufacturer of GPU, Kinsus is expected to grow alongside Nvidia. Kinsus expects to increase its revenue in the second half of this year thanks to the contribution from Nvidia. The growth of revenue will also benefit gross profit margins in the third quarter compared to the second. (Source: Economic Daily News)