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Skytech Inc forecasts record revenue for 2023, driven by demand for advanced packaging and compound semiconductor equipment. The company recently delivered its first fan-out panel-level packaging technology equipment to a strategic customer, believed to be ASE Technology Holding Co.

Skytech aims to surpass last year's revenue of NT$2.24 billion, with a target of NT$2.59 billion this year. The semiconductor equipment sector is expected to grow due to the AI boom and recovering demand for compound semiconductor equipment.