HONG KONG – ASM Pacific Technology reported group revenue of $1.07 billion for the second half of 2014, up 41.5% year-over-year and 39.9% sequentially.

Net profit was $132.8 million, up 220.3% year-over-year and 78.8% sequentially.

SMT solutions revenue was $472.2 million, up 65% compared to the second half of 2013, and up 96.5% sequentially. The company's SMT group includes Siplace and DEK.

The materials group also experienced record revenue, with an increase of 7.7% year-over-year to $122.9 million. The group’s revenue was up 0.5% sequentially. Backend equipment revenue was $475 million, up 33.4% year-over-year and 18.1% sequentially.

Net orders for the period were $875.5 million, up 32.6% compared to the same period in 2013, but down 15.4% sequentially.

Full-year 2014 group revenue was $1.83 billion, up 31.3% year-over-year. Net profit was $206.3 million, an increase of 186.4% compared to 2013.

SMT solutions posted record 2014 revenue of $712.3 million, up 41% year-over-year. Materials accounted for $245.2 million of revenue, up 10.3% compared to 2013.
Backend equipment revenue for the year was $877.2 million, up 30.8% year-over-year.

New orders for 2014 were $1.91 billion, a company record representing an increase of 37.8% compared to the previous year.

“While 2014 has been a strong year, market participants generally remain confident that 2015 will be similarly healthy,” said Lee Wai Kwong, ASMPT’s CEO. “We expect new order bookings in the first quarter of this year to rebound from the level of the first quarter of 2014 to show a moderate double-digit percentage improvement quarter-on-quarter.”

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