Taiwan Ratings Corp. today(March 25) affirmed its ‘twAA-‘ long-term and ‘twA-1+’ short-term issuer credit ratings on Sino-American Silicon Products Inc. (SAS). The outlook on the long-term rating is stable.
The ratings on SAS continue to reflect the company’s steady market position, globally diversified production bases, and its good profitability backed by stable utilization and long-term supply agreements with key clients. The company’s weaker market position and technology capabilities in the advanced silicon wafer applications than larger global peers partly offset these rating strengths.
For further details, please refer to the credit rating report published by Taiwan Ratings Corporation.