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Taiwan IC design houses cautious about 3Q20

www.digitimes.com - Taipei, Apr. 10, 2020 – 

Taiwan-based IC design houses have expressed caution about their sales performance in the third quarter, as order visibility for the quarter remains unclear, according to industry sources.

Most Taiwan-based IC design houses have posted impressive revenue results for March, and are expected to see the momentum carry on through the first half of the second quarter, said the sources. However, the visibility of customer orders remains weak for the second half of the second quarter, which may drag down the fabless chipmakers' revenues during the period, the sources indicated.

Many Taiwan-based fabless firms saw their March revenues increase substantially on month, thanks mainly to recovery in labor return rates and factory utilization in China, the sources said.

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