Back    Zoom +    Zoom -
<Research>G Sachs: HUA HONG SEMI's High Capacity Utilization Supports Product Mix Optimization, Avg. Price Increases
Recommend
6
Positive
7
Negative
7
According to a report from Goldman Sachs, it met with the CFO of HUA HONG SEMI (01347.HK) during the China Semiconductor Investment Roadshow in Shanghai yesterday (7th).

Goldman Sachs cited management's expectation that the demand for HUA HONG SEMI's various technology platforms remains robust, which will support a high level of capacity utilization, product mix optimization, and average price increases.

Related NewsBOCOMI: HUA HONG SEMI May Enhance Average Profitability of Existing Production Lines After Acquiring HLMC Equity
Management also plans to optimize the product mix and enhance pricing. Along with ongoing cost control measures, HUA HONG SEMI maintains a positive outlook on its future profitability.

Based on high capacity utilization, continuous capacity expansion, and technological transition to 28/22 nm nodes, Goldman Sachs has kept a Buy rating on HUA HONG SEMI with a target price of HKD117, reflecting its positive outlook on the company's sustainable scale expansion and technological innovation.
AAStocks Financial News