SPEL’s Board considered the
un-audited accounts for the FYQ3 2013-14. Despite softer than usual
consumer demand for electronic consumer goods during the holiday season,
SPEL finished with EBITDA to the tune of ₹3.84 Crores & Cash Profit of
₹2.76 Crores.
The normal drivers of the Semiconductor industry’s growth, computing,
consumer electronics and automotive electronics, are showing signs of
recovery due to reduced inventory levels. This is expected to help SPEL
to finish FY 2013-14 on a stronger note.
SPEL is putting in its best efforts to reduce all-round expenses &
working on new strategies to tap various other business opportunities.
SPEL Semiconductor Limited is India’s first & only
Semiconductor IC Assembly & Test facility. SPEL pioneered the Outsourced
Semiconductor Assembly & Test Services (OSAT) market in India and
continues to steadily do so. SPEL is a trusted & strategic contract
manufacturing partner for many of the world's leading Semiconductor
companies.
