Diodes expects growth in China. (Media & Technology).Discrete semiconductor maker Diodes Inc. in Westlake Village expects to see its market share in China grow next year. Company CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. C.H. Chen said last week that the company hopes to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale operations in China where it opened a sales office in March and already operates two manufacturing plants. "We see the Asian market as bigger than the European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. Market or North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ," said Chen, who expects double-digit growth in that market during 2003. The Asian market accounted for 47 percent of the company's sales during the quarter ending March 31, compared to 39 percent for the same period last year. Joe Blankenship, an analyst with the investment firm Peacock peacock or peafowl, large bird of the genus Pavo, in the pheasant family, native to E Asia. There are two main species, the common (Pavo cristatus), and the Javanese (P. , Hislop, Staley & Given he., said the company is poised to take advantage of the fast-growing Asian market. With the completion of a state-of-the-art wafer (1) A small, thin continuous-loop magnetic tape cartridge that has been used from time to time for data storage and specialized applications. (2) The base unit of chip making. It is a slice taken from a salami-like silicon crystal ingot up to 12" (300mm) in diameter. manufacturing plant earlier this year in China, Diodes is ahead of most of its competitors, said Blankenship, who sees the company taking full advantage of the demand for low-cost semiconductors in China. Earlier this month, Diodes released its firstquarter numbers, showing its first profit in three quarters. Until last June, the company had experienced 45 consecutive profitable quarters, before posting losses during the third and fourth quarters last year. For the quarter ended March 31, the company reported $208,000 in net income on revenue of $26.9 million, compared to $521,000 in net income on revenue of $25.7 million during the same period last year. Business Journal reporter Carlos Martinez may be reached at (818) 676-1750 ext. 17 or by e-mail at cmartinez@sfvbj.com. |
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