LCD driver IC packaging and testing service providers Chipbond Technology reported March revenues of NT$1.172 billion (US$39.7 million), an increase of 7.8% on month. The firm reported first-quarter 2012 revenues of NT$3.336 billion, a slight increase of 0.8% on quarter. The firm noted that LCD market conditions have been blurry and hard to forecast.

ChipMOS Technologies saw March revenues reaching NT$1.337 billion, increasing 5.3% on month. The firm expects revenues in the second quarter to grow by 5-10%. In the first quarter, revenues from the LCD driver IC business accounted for 40%.

Siliconware Precision Industries (SPIL) reported March consolidated revenues of NT$5.538 billion, up 18% on month. First-quarter 2012 revenues were NT$15.118 billion, down 3.8% on quarter, according to SPIL.

SPIL said there has been a return of orders for telecommunication, PC and consumer electronics products which helped March revenues to grow. The market believes large increases in orders from AMD and Nvidia were the main reason SPIL experienced rising revenues in March. The capacity utilization rate of SPIL has reached 90%. The firm expects full capacity in the second quarter.

Powertech Technology (PTI), a Taiwan-based provider of memory IC packaging and testing services, saw March consolidated revenues reach NT$2.884 billion, up slightly by 1.8% on month. Revenues from testing services decreased 7% comparing to February, according to the firm. First-quarter 2012 consolidated revenues were NT$8.755 billion, an on-quarter decrease of 9.92%.

PTI reported a capacity utilization rate of 80% for first-quarter 2012. The firm noted that shipments of NAND flash will begin to increase in second-quarter 2012.

Taiwan-based IC testing firm Sigurd reported March consolidated revenues of NT$355 million, an on-month increase of 5.1%. First-quarter revenues were NT$1.038 billion, down 6% on quarter. Sigurd indicated capacity utilization rate was 70% in the first quarter. Shipments are likely to increase in the second quarter which will reflect on revenues, said the firm.