Testing equipment supplier Zen Voce to list on Taiwan OTC securities market

Patty Wang, Taipei; Steve Shen, DIGITIMES[Friday 26 December 2014]

Zen Voce Corporation (ZVC), a Taiwan-based IC testing equipment supplier, will debut on the Taiwan over-the-counter (OTC) stock market at an initial price of NT$22 (US$0.69) per share on January 20, 2015, according to the company.

ZVC posted revenues of NT$1.09 billion and an EPS of NT$0.99 in 2013. For the first three quarters of 2014, revenues reached NT$640 million and EPS stood at NT$1.34, according to company data.

ZVC expects its sales in the fourth quarter of 2014 to be stronger than those a quarter earlier, said company chairman Carl Lee.

ZVC's order visibility has extended to the first half of 2015, highlighting by demand for testing equipment, wafer dicing and solder ball mount systems for BGA devices, Lee revealed.

Demand for IC testing interface boards will be also strong in 2015 due to diversifying packaging processes for memory chips such as mobile RAM, for mobile devices, Lee added.

ZVC will also see its gross margin to further improve in 2015 as shipment ratio of related equipment developed in-house will increase to 60-70% from the current 50%, Lee stressed.

ZVC chairman Carl Lee (center right) and his management teamPhoto: Patty Wang, Digitimes, December 2014

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Testing equipment supplier Zen Voce to list on Taiwan OTC securities market