TAIPEI -- Global flip-chip (FC) substrate suppliers Phoenix Precision Technology (PPT) and Nan Ya Printed Circuit Board (NPC) may see double digit growth for March according to Digitimes. PPT recorded a 32% revenue increase in March while NPC should see a 20% growth for the month.

PPT's March revenues totaled NT$810 million (US$24.46 million), up from previous forecasts, reflecting strong FC substrate orders for graphics cards. March utilization rate increased to 40% to 50%, up from a 30% rate in January and February.

At NPC, utilization rates for FC and wire-bonding return to 50% to 60% in March while its PCB utilization rate remained below 50%. FC substrates account for 50% of NPC's total revenues, with PCB and wire-bonding substrates at 30% and 20%, respectively.

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