Spel Semiconductor achieves record sales in November

CHENNAI: Spel Semiconductor informed BSE on Thursday it has achieved the highest ever sales revenue of $2 million in November 2007. Stating this is an important milestone crossed in its growth path, company said the higher revenue last month is pertinent to the full utilisation of the expanded capacity. Continuing to be India’s first & only semiconductor IC assembly and test facility, Spel said it is committed to firmly establishing itself as the natural destination for global customers seeking cost effective assembly and test services.

SPEL Semiconductor achieves highest ever revenue in Nov`07

SPEL Semiconductor achieved highest ever revenue of USD 2 million in November 2007. With this achievement, SPEL Semiconductor has crossed another very important milestone in its growth path, the company said.

Full commercial on the new investments made this year is on track. The higher revenue in November 2007 was pertinent to the full utilization of the expanded capacity.

Continuing to be India`s first and only semiconductor IC assembly and test facility, the company is committed to firmly establishing itself as the natural destination for global customers seeking cost effective assembly and test services, the company said in a releae.

Shares of the company gained Rs 1.45, or 4.97%, to settle at Rs 30.6. The total volume of shares traded was 113,437 at the BSE. (Thursday)

Congratulations on achieving a fantastic milestone! Best wishes for many more such successes.