GigaDevice’s profit soars as celebrity founder sells down stake
The memory chip maker’s stock has risen exponentially since its IPO in January as its profit soared in the first half of this year Key Takeaways: GigaDevice said it expects…
Longsys rides soaring memory wave to Hong Kong IPO
The company has launched a new attempt to list in Hong Kong, banking on spiking prices that have made memory chip companies the latest investor darling Key Takeaways: Longsys has…
BRIEF: GigaDevice profit skyrockets sixfold in first quarter
Integrated circuit (IC) designer GigaDevice Semiconductor Inc. (3986.HK) on Wednesday reported its revenue more than doubled year-on-year to 4.19 billion yuan ($613 million) in the first quarter, while its profit skyrocketed more…
BRIEF: GigaDevice springs in Hong Kong trading debut
Shares of integrated circuit (IC) designer GigaDevice Semiconductor Inc. (3986.HK) opened up 45% at HK$235 in their Hong Kong trading debut on Tuesday, and held on to most of the gains…
GigaDevice eyes Hong Kong IPO as internal and external challenges bite
The Shanghai-listed chip designer is applying for a second listing in Hong Kong, following a recent trend for Chinese companies to make such dual listings Key Takeaways: GigaDevice has filed…