Montage Technology (688008) announced on the evening of January 22 that it expects a net income attributable to the owners of the parent company of 1.378 billion yuan—1.438 billion yuan for the 2024 fiscal year, an increase of 205.62%—218.93% compared to the same period last year. The significant growth in the company's operating performance for 2024 compared to the previous year is mainly due to: on one hand, benefiting from the gradual recovery of demand in the Global servers and computer Industry, the demand for the company's memory interface and module supporting chips has achieved a recovery growth. At the same time, due to the increased penetration rate of DDR5 and the continued iteration of sub-generation products, the shipment volume of the company's DDR5 memory interface chips has exceeded that of DDR4 memory interface chips, and the shipment volume of the second-generation DDR5 memory interface chips has surpassed that of the first-generation products; on the other hand, driven by the trends in the AI industry, the company has started large-scale shipments of three new high-performance capacity chips (PCIe Retimer, MRCD/MDB, CKD chips), contributing new performance growth points for the company. For 2024, the company expects sales revenue from interconnect chips, net income attributable to the owners of the parent company, and net income attributable to the owners of the parent company after deducting non-recurring gains and losses to all reach historical highs.

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澜起科技:2024年净利润同比预增205.62%—218.93%
Montage Technology: The net income for 2024 is expected to increase by 205.62%—218.93% year-on-year.
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