Kinsus Nets NT$603M for 2Q16

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IC substrate supplier Kinsus Interconnect Technology has reported net profits of NT$603 million ($18.7 million) for the second quarter of 2016, up 17% on quarter, according to Digitimes.

Buoyed by growing demand for smartphones in China and base stations, Kinsus' second-quarter 2016 revenues increased 7.6% sequentially to NT$5.78 billion. Meanwhile, the company's gross margin climbed 2.97pp on quarter to 26.74%.



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