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闻泰科技:半导体业务不受地缘政治及本次资产出售影响

Wingtech Technology: The Semiconductors Business is not affected by geopolitical factors and this asset sale.

Breakings ·  Jan 7 18:12

Wingtech Technology released the investor relations activity record, indicating that the company has made certain adjustments to its Global Strategy, focusing on the Semiconductors Business in the future. Therefore, it signed a 'Letter of Intent for Sale' with Luxshare Limited to sell the equity and operational Assets of 9 subsidiaries related to product integration business ODM. The company's Semiconductors Business is not affected by geopolitical factors or this asset sale. If this Trade goes smoothly, the company will construct a new development pattern through strategic transformation, consolidating and enhancing its advantageous position in the top tier of the Global power Semiconductors Industry. Currently, the growth of the company's Semiconductors Business mainly comes from low ASP medium and low voltage device products. In the future, with more high ASP products entering the market, the ASP of the company's new products is expected to achieve several times or even over ten times the improvement, thereby entering into a larger growth cycle. In addition, currently, existing projects in the North American major client business are being shipped normally.

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