SPY458.79+5.37 1.18%
DIA352.82+6.58 1.90%
IXIC15,225.15+139.68 0.93%

BRIEF-Hua Hong Semiconductor Sees Q4 2021 Revenue To Be About US$490 Million

reuters.com · 11/11/2021 02:03
BRIEF-Hua Hong Semiconductor Sees Q4 2021 Revenue To Be About US$490 Million

- Hua Hong Semiconductor:

  • SEES Q4 2021 REVENUE TO BE ABOUT US$490 MILLION.

  • Q3 REVENUE US$451.5 MILLION, UP 78.5%

  • Q3 NET PROFIT ATTRIBUTABLE US$50.8 MILLION, 187.1% UP

  • SEES Q4 GROSS MARGIN TO BE IN RANGE OF 27% TO 28%

  • PLAN TO REACH 12-INCH MONTHLY PRODUCTION CAPACITY OF 95,000 WAFERS BY END OF NEXT YEAR TO FULFILL CUSTOMERS' NEEDS

  • FURTHER EXPANSION PLAN IS BEING DEVELOPED

Source text for Eikon: ID:nHKSb9zV7j

Further company coverage: HHUSF


((Reuters.Briefs@thomsonreuters.com;))