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PTI forecast for high production loading until the end of 2019

Memorychip packager and tester Powertech Technology Inc said that its customers demand are now recovering from the slump. It is a rebound from the US-China trade tensions as the company has a positive outlook.

“This year will be a tough one for the global semiconductor industry, especially for the memory [industry]. However, the toughest period has passed,” Powertech president Hung Chia-yu said.

“Over the past one or two weeks, customers have been chasing us for more supply,” Hung said. “Customer demand has exceeded what the industry can supply.”

The utilization of PTI’s chip packaging equipment to forecast and climb 80%. With Micron technology trims its production and Japan’s export ban on South Korea semiconductor materials will give big boost to the company.

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