ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Business

Taiwan's rising chip-testing provider plans expansion

Chunghwa Precision Test Tech wants to raise cash, increase staff

TAIPEI -- Chunghwa Precision Test Tech, an up-and-coming Taiwanese semiconductor testing company, is looking to raise capital and expand headcount this year, thanks to strong demand from global customers.

"We will grow our staff from some 800 to close to 1,000 this year, while we will also bolster the use of automation in our production," CHPT President Scott Huang told Nikkei Asian Review in an interview on March 23.

He said that his company is planning to raise capital via the issue of 2 million common shares in the third quarter. CHPT currently has paid-in capital of 308 million New Taiwan dollars ($10.2 million).

Based on CHPT's close of NT$1,325 on March 27, the company will raise about NT$2.65 billion.

Chunghwa Precision Test Tech President Scott Huang says his company will expand this year due to growing demand. (Photo by Cheng Ting-fang)

CHPT is a subsidiary of Taiwan's leading telecom operator Chunghwa Telecom, which owns about 40% of the chip company. MediaTek, the largest mobile chip supplier to China, is another key investor in CHPT.

CHPT makes cards that test the quality of wafers, round, silicon discs on which chips are built. Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, accounts for close to 50% of its revenue.

CHPT also supplies to other international customers including Nvidia, Qualcomm, and Hisilicon, the chip unit of Chinese tech conglomerate Huawei.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more