Yageo Reported 2020 August Consolidated Sales of NT$ 7,296 Million


Yageo Corporation announced today its 2020 August consolidated sales of NT$ 7,296 million, up 4.1% m-o-m and up 113.7% y-o-y, respectively. The YTD sales reached NT$ 37,792 million, up 36.1% y-o-y.


Monthly revenue in August was higher than previous month, mainly benefited from stably increased demands from end customers and gradual improvement in production and capacity utilization at the Chinese factories.


The global COVID-19 pandemic has not eased and the macro outlook is still uncertain, but Yageo’s revenues and product portfolios have been undergone structural changes. The company will continue to focus on high-end applications, such as 5G, automotive, industrial, aerospace, and medical segments, to deliver stable revenue and profitability growth in the future.