SILTERRA Malaysia Sdn Bhd, a leading semiconductor wafer foundry, sees higher customer demand in the fourth quarter (Q4) this year and through 2004.
Executive vice-president of worldwide sales and marketing Steve Della Rocchetta said in a statement on Tuesday that the facility utilisation rate for the company's Fab 1 would rise to above 90% in Q4 and to remain healthy next year.
Silterra received record bookings during the third quarter of 2003 and sees equally strong activities in the fourth quarter.
Rocchetta said the company's demand forecast showed the booking momentum would continue at least through 2004, and the overall outlook for the three-year planning horizon was solid.
The company intends to expand its manufacturing capacity to support the increased demand and new technology ramp.
We are getting more orders, and for higher volume, from all our customers for a variety of applications, including consumer products, enterprise networking chips, display drivers and storage controllers, said Rocchetta.
Silterra believes the long awaited recovery has begun, and feels optimistic that it will continue to gain market share going forward.
Rocchetta added that the majority of new bookings were for the 0.18 micron, and smaller, technology.
Silterra plans to expand its worldwide presence by opening new offices in Germany and South Korea over the next several quarters.
Currently, the company's customers include both leading integrated device manufacturers and fabless companies in North America, Taiwan, Japan, and South Korea.
Silterra's wafer fab has a headquarters and factory in Kulim, Malaysia and sales and marketing offices in Sunnyvale in California and Scottsdale in Arizona in the US, and Hsinchu in Taiwan. Bernama
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