Skytech Projects Record Revenue in 2023 Amid Strong Demand for Advanced Packaging Equipment
Skytech Inc forecasts record revenue for 2023, driven by demand for advanced packaging and compound semiconductor equipment. The company recently delivered its first fan-out panel-level packaging technology equipment to a strategic customer, believed to be ASE Technology Holding Co. Skytech aims to surpass last year's revenue of NT$2.24 billion, with a target of NT$2.59 billion this year. The semiconductor equipment sector is expected to grow due to the AI boom and recovering demand for compound semiconductor equipment.
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Skytech Inc anticipates record revenue in 2023, fueled by robust demand for advanced packaging equipment and a recovery in compound semiconductor equipment. Last month, Skytech delivered its first fan-out panel-level packaging technology equipment to a strategic customer, likely ASE Technology Holding Co.
The company aims to exceed last year's revenue of NT$2.24 billion, targeting NT$2.59 billion this year. The semiconductor equipment sector is projected to grow due to the AI boom, which benefits both chipmakers and advanced packaging suppliers. Skytech is expanding capacity by acquiring new sites in Hsinchu City and Tainan.
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