For its fourth quarter ended June 30, 2022 (4Q22), Dnex recorded a net profit of RM160.59mil on a revenue of RM430.29mil, mainly supported by a robust contribution from its technology and energy segments.
Dnex went into the business of wafer fabs following its purchase of Malaysian semiconductor manufacturer Silterra in July last year.
It also acquired an additional 60% in Ping Petroleum in 2021.
“In the medium term, Dnex’s growth will also be underpinned with its new Avalon greenfield, up and coming in mid-2025 (FY26), which would potentially quadruple Ping Petroleum’s current output, and its recent memorandum of understanding with Foxconn to develop a new 12-inch wafer fab to support its electric vehicle ventures.
KUALA LUMPUR (Nov 8): Global silicon wafer shipments are projected to increase 4.8% year-on-year in 2022 to a record high of nearly 14,700 millions of square inches (MSI), according to the US-based Semiconductor Equipment & Materials International (SEMI).
Silicon wafers are the fundamental building material for the majority of semiconductors, which are vital components of all electronic devices.
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Posted by Mabel > 2022-11-04 00:39 | Report Abuse
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