STATS ChipPAC: STATS ChipPAC Taiwan swings back to profitability in 2016

IC backend service supplier STATS ChipPAC Taiwan Semiconductor has reported net profits of NT$611 million (US$19.78 million) for 2016 compared to a net loss of NT$164 million of a year earlier. EPS for 2016 stood at NT$4.49, a significant improvement from a net loss of NT$1.20 recorded a year earlier.