Geographically, Singapore continues to account for the bulk or 75% of the group’s revenue base, contributing $31.2 million in the quarter.
SINGAPORE (May 12): UMS, the provider of equipment manufacturing and engineering services to the semiconductor industry, reported 1Q earnings more than trebled to $11.2 million from a year ago as revenue doubled.
Revenue increased 105% to $41.8 million, led by the semiconductor business segment which surged by 108% to $40.9 million. Sales in the semiconductor integrated system jumped 192% to $24.3 million, while component sales increased by 47% to $16.6 million. Revenue contributions from the Others segment grew 17% to $0.88 million.
