STATS ChipPAC

STATS ChipPAC: Announced that it has more than 50% growth in flip chip business in 2010 compared to 2009 with exports of more than 250m units. Source of growth was likely from US as US has historically formed more than 70% of its export business for semiconductors and packaging services. It should be noted that co suffered a loss for 9 mths Sept 2009, so it was likely from a low base as well.