Apr 04, 2002 San Jose, CA
OSE USA Inc. here today reported sales of $2.3 million for the fourth quarter ended Dec. 31, a 47.6% drop from $4.3 million in the like period a year and a 14.8% decline from $2.7 million in the previous period.
The San Jose-based chip-packaging provider reported a net loss of $1.9 million, or minus $0.03 per diluted share, for the fourth quarter of 2001, compared with a deficit of $3 million, or minus $0.05, in the like period a year ago. In the previous quarter, OSA USA reported a loss of $2.2 million, or minus $0.04.
OSE USA also reported sales of $11.8 million in 2001, compared with $24.2 million in 2000. It reported a net loss applicable to common stockholders of $8.98 million, or minus $0.15, compared with a net loss of $10.95 million, or minus $0.20 per share, for 2000.
Formerly known as Integrated Packaging Assembly Corp. (IPAC), OSE USA is owned by Taiwan chip-packaging giant Orient Semiconductor Electronics Ltd. (OSE)
