Yageo Reported 2021 March Consolidated Sales of NT$ 8,726 Million


Yageo Corporation announced today its 2021 March consolidated sales of NT$ 8,726 million, up 24.6% m-o-m and up 116.3% y-o-y, respectively. The first quarter sales totaled NT$ 23,744 million, up 7.0% q-o-q and up 137.0% y-o-y, respectively.


March’s consolidated sales was higher than previous month, mainly resulted from normal working days in Greater China factories and strong demand from customers.


Moving forward, the company will continue to increase MLCC’s capacity utilization rate above 90% and R-chip’s capacity utilization rate above 80%, while running full-loaded capacity for Tantalum capacitors in the second quarter of 2021.


Yageo will stay vigilant for the challenging environment while the global COVID-19 pandemic has not eased and the trade frictions remain uncertain, and keep prudently optimistic to its sales and operation outlook.