Learning With Leo: What Is the Cost of Quality Brought About by Training?
Nolan’s Notes: A Tribute to Iola—and Automation
Knocking Down the Bone Pile: Solderability Test Methods, Myths, and Realities
Hana Microelectronics Posts 5% Revenue Drop in 2020
March 2, 2021 | Hana Microelectronics GroupEstimated reading time: 1 minute
Hana Microelectronics Group 'Hana' sales revenue decreased 5% year on year, at THB 19.3 billion in year 2020 from THB 20.4 billion in year 2019. Sales revenue in USD terms decreased by 6% to USD 616 million in 2020 from USD 656m in 2019. Earnings from Operations increased 23% to THB 1,725 million in 2020 from THB 1,408 million in 2019.
Group Sales decreased 5% in 2020 to THB 19,282 million from 2019 at THB 20,384 million due to market weakness from the lower sales revenues in (Q2 & Q320) and reduction of inventories held by customers in Q1-Q3 due to the COVID-19 pandemic.
USD sales were 6% lower in 2020 at USD 616 million down from USD 656 million in 2019 as the average THB/USD exchange rate weakened 1% to THB/USD 31.29 in 2020 from THB/USD 31.05 in 2019.
The Microelectronics divisions' sales revenue decreased 6% [-6% in THB terms] in 2020 over 2019. The microelectronics operation in Lamphun sales decreased 6% [-5% in THB terms] and JXG decreased by 8% [-7% in THB terms] in 2019.
In 2020 IC assembly sales overall decreased by 4% in USD terms [-4% in THB terms]. Specifically, IC AYT sales decreased 3% [-2% in THB terms], and IC JXG USD sales decreased by 17% [-17% in THB terms].
Hana Technologies Inc "HTI" (formerly Hana Microdisplay Technologies), sales decreased 19% [-18% THB] for the year.
Gross Profit increased by THB 357 million with the gross margin being 13% in 2020 up 2 percentage points from 11% in 2019. +2% points higher gross margin due to lower materials cost related exchange rate movements from Q419 to Q120 [+1%], reduced overtime and labour and salary cost reductions [+1%].
The Earnings from Operations margin increased by 2 percentage points to 9% in 2020 from 7% in 2019 due to the increase in gross margin. SGA including R&D expenses were 7% higher in 2020 than 2019.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
11/28/2025 | Nolan Johnson, I-Connect007Yesterday was the U.S. Thanksgiving holiday. The traditional meal is, of course, roast turkey with “all the trimmings.” Although not everyone observes that menu, most do, and it was reported that 42 million turkeys were consumed on that day. With an average weight of 16 pounds per turkey, we cooked up 672 million pounds! With approximately 342 million people in the U.S, that pencils out to just under two pounds of drumstick and white meat per person. That, my friends, is a whole lot of leftovers.
Firefly Aerospace Announces Strategic Acquisition of SciTec to Advance National Security Capabilities
10/07/2025 | Firefly AerospaceFirefly Aerospace, a market leading space and defense technology company, has entered into a definitive agreement to acquire SciTec, Inc., a leader in advanced national security technologies, for approximately $855 million through a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
High-Tech Hill Technology Park Opens: Four New Factories Launched
09/26/2025 | TeltonikaThe ambitious vision announced in late 2020 to build a world-class technology park in Liepkalnis, Vilnius, has become a reality. AGP Investments, led by entrepreneur Arvydas Paukštys, together with high-tech leaders Teltonika and TLT, today inaugurated four new factories at the Vilnius High-Tech Hill Technology Park.
U.S. Manufacturing Jobs Decline Amid Tariffs and Immigration Crackdown
09/17/2025 | I-Connect007 Editorial TeamManufacturers in the U.S. are cutting jobs even as President Donald Trump pushes policies he says will revitalize the industry. Employers shed 12,000 manufacturing jobs in August, while payrolls in the sector have fallen by 42,000 since April, according to a new analysis from the Center for American Progress (CAP) based on government labor data.
Defense Speak Interpreted: If CHIPS Cuts Back, What Happens to Electronics Packaging Funds?
09/02/2025 | Dennis Fritz -- Column: Defense Speak InterpretedIn my May column, I examined the topic of the CHIPS Act and its current status as a U.S. government program. I found that CHIPS activities continue, but some corporations have delayed or canceled them because of budget cuts or corporation-specific problems. However, CHIPS integrated circuits—mostly administered by the Department of Commerce—don’t fully drive the electronics interconnection activity being funded by the government. Let’s cover the progress/status of other programs: