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: ASMPT first-quarter revenue jumps, forecasts more growth
Semiconductor equipment maker ASMPT Ltd. (0522.HK) on Tuesday said its first-quarter revenue reached HK$3.97 billion ($508 million), up 32% year-on-year and 0.2% sequentially. The company’s new orders for the quarter hit…
BRIEF: Delton first-quarter profit surges about 60%
PCB maker Delton Technology (Guangzhou) Inc. (1989.HK; 001389.SZ) announced on Wednesday it expects to report a first-quarter net profit of 380 million yuan ($55 million) to 400 million yuan, representing…
Circuit Fabology etches a path to a Hong Kong IPO
The maker of high-precision lithography tools for the chip industry has built a firm foundation in an expanding global market but faces cash flow challenges Key Takeaways: Measured by 2024…
Kingboard rides AI boom with strong demand for conductive copper
The supplier of materials for electronic circuit boards is enjoying a rush of orders for use in AI servers and advanced computing, boosting its earnings Key Takeaways: Kingboard Laminates is…
BRIEF: Hua Hong Semiconductor swings to profit in the fourth quarter
Hua Hong Semiconductor Ltd. (1347.HK; 688347.SH) announced on Thursday that it returned to the black in last year’s fourth quarter with a net profit of $17.45 million, reversing a $25.20…
Red Avenue shifts course from rubber additives to chip chemicals
The firm is accelerating its expansion into the specialist materials used to make semiconductors, as China seeks supply-chain resilience in key sectors Key Takeaways: Red Avenue has filed for a…
