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Chaun-Choung attains over 90% yield rates for all product lines

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Reports Digitimes; "Heat-sink pipe and thermal module maker Chaun-Choung Technology has increased yield rates for all product lines to more than 90% by using automation equipment, the company said at a March 15 investors conference.

Chaun-Choung has also begun to produce micro heat-sink pipes for smartphones in 2016 and has obtained orders from South Korea-based smartphone vendors.

Chaun-Choung has expanded monthly production capacity at its factory in northern Taiwan from two million heat-sink pipes in January 2016 to 3.5 million units currently. The monthly production capacity at the company's factory in Kunshan, eastern China, can be increased from five million heat-sink pipes based on one shift a day to 7-8 million units based on two shifts a day. In addition, Chaun-Choung is setting up a factory in Chongqing, western China, mainly for production of micro heat-sink pipes and notebook-use thermal modules.

Chaun-Choung recorded consolidated revenues of NT$6.044 billion (US$184 million), gross margin of 24.59%, net operating profit of NT$801 million, net profit of NT$671 million and net EPS of NT$7.77 for 2015 and plans to distribute a cash dividend per share of NT$5.50." [DIGITIMES] via [Frostytech.com]


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