Over 10 Memory Chip Firms Post H1 Results; Longsys Net Profit Soars 71,529%
More than ten memory chip companies, including Longsys, GigaDevice, and Montage Technology, have released their first-half results. Longsys reported a net profit surge of 71,529% year-on-year, while GigaDevice's second-quarter net profit rose 269% quarter-on-quarter.
As of Friday, more than ten memory chip listed companies, including Changxin Technology, Longsys, Biwin Storage, GigaDevice, Demingli, Shannon Semiconductor, Shennan Circuits, Montage Technology, Xieshu Data, Dapu Micro, Junzheng, Puan Semiconductor, and China Electronics Port, have disclosed their semi-annual reports. Among the disclosed results, Longsys saw its first-half net profit increase by 71,529% year-on-year, while GigaDevice's second-quarter net profit grew 269% quarter-on-quarter.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Semiconductor Value Chain, with intensity 80/100 and 90% confidence over a short term horizon.
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