Semiconductors and Semiconductor Equipment
Company Overview of United Test and Assembly Center Ltd.
United Test and Assembly Center Ltd. provides semiconductor assembly and testing services for mixed-signal, analog, and memory integrated circuits (IC). It offers package and test development, engineering, and IC package and module design services. The company also provides manufacturing services for memory devices; mixed-signal and logic devices, including broadband mobile wireless devices; and analog and standard logic devices, such as power management devices. It serves integrated device manufacturers, fabless companies, and wafer foundries in Singapore and internationally. The company was formerly known as United Test and Assembly Center (S) Pte Ltd. and changed its name to United Test a...
5 Serangoon North Avenue 5
Founded in 1997
Key Executives for United Test and Assembly Center Ltd.
Group Chief Executive Officer
Group Chief Operating Officer
President of UTAC Dongguan Ltd
Compensation as of Fiscal Year 2014.
United Test and Assembly Center Ltd. Key Developments
UTAC Plans IPO In 2015
Dec 15 14
United Test and Assembly Center Ltd. (UTAC) is planning an initial public offering (IPO). It is talks with bankers about a possible relisting. An IPO would capitalize on an unfolding upturn in its business, and enable the company to address its debt load of some $1.2 billion. UTAC's Chief Executive Officer, John Â¬Nelson told The Edge Singapore: "Do we want to be sitting on a 10% bond? I don't think so. Obviously, at some point, we have to look at options. Since we feel the company is healthy, what opportunities do we have to correct that, to fix that financial burden?" He added that an IPO could take place next year. He further stated that any cash raised in an IPO is likely to be used to "restructure" the group's debt. "Based on our discussions with them, we don't believe there is an intention to use that cash themselves," he said.
UTAC Holdings Ltd Reports Earnings Results for the Third Quarter of 2014; Provides Outlook for the Fourth Quarter of 2014
Nov 3 14
UTAC Holdings Ltd. reported earnings results for the third quarter of 2014. For the period, the company reported revenue of $256.6 million. The company third quarter ending cash was $257.5 million.
For the fourth quarter 2014, the company reported sales to be down 4-8% quarter on quarter and cash balance is expected to be higher quarter on quarter.
UTAC Holdings Ltd Opens Sales Office in Nagaokakyo City, Kyoto, Japan
Oct 13 14
UTAC Holdings Ltd. announced the opening of a sales office in Nagaokakyo City, Kyoto, Japan. This is a strategic move to support existing and new customers, and to expand its business in the automotive and consumer electronics semiconductor markets in Asia. The opening of the UTAC Nagaokakyo office follows the firm establishment of the partnership with Panasonic in June this year which includes the acquisition of three Panasonic testing and assembly facilities in Southeast Asia.
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