Business Performance For the 1st Quarter Ended 31 March 2021 and Outlook Statement
- Group’s 1Q2021 revenue at S$80.2 million is the second-highest 1Q after record-breaking 1Q2020
- Next-generation handlers on track to start high volume ramp at customer sites in late 3Q 2021 and into FY2022
- Technology acquisitions and in-house R&D bearing results with engineering engagements with 10 out of the top 20 semiconductor companies for potential volume ramp in FY2022 / 2023
- CEI Limited became a subsidiary of the Group with effect 19 March 2021
- Entered the memory IC test market with ATECO investment
- The Group’s revenue guidance for FY2021 to be between S$460 million to S$520 million with heavier weighting in 2H2021
- M&A program continues with a tight integration focus