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IC design house Sentelic plans Taiwan OTC listing in November

Sentelic, which specializes in fan motor controller ICs for servers, will be listed on the Taiwan over-the-counter (OTC) stock market in mid- or late-November.

Sentelic has enjoyed robust demand for servers so far 2020, driven by the rise of stay-at-home economy, according to company chairman Eric Lee. Sentelic also offers fan controller chips for high-end graphics cards, with the segment also set to enjoy strong growth this year.

A strong pull-in of orders for server applications already boosted Sentelic's profits by over 40% on year in the first half of 2020, when sales of its fan controller chips accounted for as high as 85% of company revenue, said Lee.

Sentelic contracts mainly Taiwan-based 8-inch foundries and backend houses to manufacture its in-house developed fan controller chips. The company has booked sufficient foundry capacity for 2021, Lee indicated.

Fan controller products contribute 80% to Sentelic's total revenue. The company also distributes microcontrollers developed by Nuvoton Technology, Holtek and Sonix Technology.

Sentelic is a re-invested subsidiary of passive component distributor Nichidenbo. Other shareholders of Sentelic include TSMC's venture capital arm and cooling module maker Asia Vital Components (AVC).