Quarter-on-Quarter Sales Growth
All segments recorded an increase in sales quarter-on-quarter, with notable increases in memory tester sales driven by high-performance DRAM for generative AI.
Revised Sales and Operating Income Forecast
The full-year sales forecast was revised up by JPY 10 billion to JPY 480 billion due to increased demand for memory testers. The operating income forecast was also revised up by JPY 5 billion.
Strong Market Position
The company estimates its market share for both SoC testers and memory testers to be in the upper 50% range for calendar year 2023.
Future Demand Expectations
The company expects demand for high-performance semiconductors, including HPC and AI, to ramp up in the second half of 2024, with memory tester market size estimated to be between $1.3 billion to $1.6 billion.