Montage forecasts strong profit growth as shares plunge on Korea probe
Prosecutors in South Korea searched the local office of cloud-computing chip designer Montage Technology Co. Ltd. (6809.HK; 688008.SH) as part of an antitrust investigation, according to local media reports later…
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: Montage Technology’s profit surges on strong AI demand
Cloud computing chip designer Montage Technology Co. Ltd. (6809.HK; 688008.SH) saidFriday that its revenue reached 5.46 billion yuan ($796 million) last year, up 50% year-on-year, while its profit rose 58.4%…