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Production cuts and price increases! Multiple factors are affecting the gradual rise of domestic Memory Chips.
Currently, Chinese manufacturers are taking over the baton of counter-cyclical investment. According to Yangtze Memory Technologies' second-phase plan, its production capacity is expected to increase to about 300,000 wafers per month by 2025, approximately equal to the NAND Flash capacity of SK Hynix, with market share expanding to 10% of the global market.
CONTEL (01912.HK) reported a net loss of 7.9 million USD over the past 12 months.
Glory Financial reported on February 28 that CONTEL (01912.HK) announced that for the twelve months ending December 31, 2024, the revenue is estimated to be approximately $62.4 million, a decrease of about 5.9% compared to approximately $66.3 million in the previous period, mainly due to a reduction in Sensor and automation control Business. The group's after-tax loss changed from $9.7 million in the previous period to a net loss of $7.9 million for the fiscal year 2024. The Board of Directors has resolved to change the company's fiscal year-end from December 31 to March 31. Therefore, the company's next fiscal year-end will be 2025.
Contel Technology Reports Decreased Losses Amid Revenue Decline
CONTEL (01912) announced the results for the 12 months ending December 31, 2024, with a loss attributable to shareholders of 7.948 million Hong Kong dollars, a decrease of 18.47% year-on-year.
CONTEL (01912) announced its performance for the 12 months ending December 31, 2024, with revenue of 6241.9...
CONTEL: ANNOUNCEMENT OF SECOND INTERIM RESULTS FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2024
The Hong Kong A Semiconductor Sector is experiencing a full outbreak!
WICA: The Global Semiconductors market is expected to grow by 13.2% in 2025.