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Fan motor driver IC supplier Sentelic reports strong earning

Fan motor driver IC supplier Sentelic has reported strong earnings for the first three quarters of 2020, as the ongoing work-from-home activities have helped drive up demand for related MCUs and controller ICs for server products.

The company's EPS for the January-September period came to NT$1.55, accounting for 90% of the comparable figures seen a year earlier, according to company data.

Bolstered by rising demand from the server sector, it also saw revenues grow 16.57% on year to NT$330 million in October.

With order dynamics for servers supporting remote working, cloud and big data applications remaining strong, the company is poised for robust sales in fourth-quarter 2020 and beyond, according to industry sources.

By DIGITIMES

Link:https://www.digitimes.com/news/a20201118PD214.html?mod=3&q=IC

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