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Japan’s Roma Semiconductor Q1 revenue 125,112 million yen, net profit up 125% year-on-year

On August 4, Japan’s Roma Semiconductor Corporation announced its results for the first quarter ended June 30, 2022.

According to the report, Rohm Semiconductor reported sales of 125,112 million yen, up 12 percent year-on-year. Operating profit was 35,261 million yen, an increase of 116% year-on-year. Net income was 26,105 million yen, an increase of 125% year-on-year.

By business segment, diodes and power devices performed well with a focus on the automotive-related market. In addition, sales of transistors in the industrial equipment-related market grew steadily.

In addition, sales of light-emitting diodes increased for the civil device-related market, while sales of semiconductor lasers decreased for the civil device-related market. By business category, sales for printers and other fields increased.

As for optical modules, sales of sensor modules for communication equipment decreased, but sales of sensor modules for industrial equipment-related markets increased. In resistors, sales to the automotive-related market were good, and in tantalum capacitors, sales to PCs, etc. increased.

The company said that in the electronics industry, the civil equipment-related market was somewhat affected by the new coronavirus infection, and the automotive-related market continued to smoothly nudge demand toward the expansion of electrification and densitization and the semiconductor market, despite the impact of the reduction in production of automobiles. In addition, in the market related to industrial machinery, investment in factory automation and digitalization is expanding in various countries, and with the impact of exchange rate changes, there is an overall trend of steady growth.

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TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.

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