Suzhou Goodtech: Business cooperation with Apple Inc.-EEWORLD

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On June 8, Suzhou Gotech stated on its investor interaction platform that Suzhou Minghao focuses on the accelerometer sensor market; at the same time, the company has business cooperation with Apple Inc. of the United States.

In terms of business, Suzhou Minghao sensors are mainly used in consumer electronic products. The addition of Xiaomi has enhanced the synergy between Suzhou Minghao and downstream customers and expanded customer resources. In the automotive field, the company's automotive products mainly include rectifier diodes, Schottky, TVS and other products, and have entered the world's well-known automobile brands. At the same time, its products are also widely used in household appliances, digital communications and other aspects. In addition, SIC is currently in the small-scale trial production stage.

In addition, Suzhou Guorun Guqi Venture Capital Partnership (Limited Partnership) intends to focus on semiconductors, new materials, environmental protection, energy conservation, culture and other green, healthy industries that the country encourages development.

In the first quarter of 2021, Suzhou Goodtech achieved revenue of approximately RMB 561 million, a year-on-year increase of 71.85%; net profit of approximately RMB 50.41 million, a year-on-year increase of 289.74%. It is expected that the net profit attributable to shareholders of the listed company will be RMB 93.112 million to RMB 121.0456 million in the first half of 2021, a year-on-year increase of 100.00% to 160.00%.

Suzhou Gotech said that in 2021, the economic recovery and the accelerated domestic substitution of power semiconductors have boosted the company's production and sales, and its capacity utilization rate has increased. The company's market share of automotive electronics products, which were strategically deployed in the past few years, has continued to increase. Integrated circuit and PPAK packaging, and MEMS packaging and testing have grown rapidly, with record sales and sales volumes.

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