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SMIC: Memory & BCD in Short Supply w/ Hiking Prices
Recommend 9 Positive 16 Negative 2 |
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SMIC (00981.HK) said in its investor relations activity record that the Company's memory and BCD are in short supply and prices are hiking, according to Chinese media. The Company will prioritize supporting iterative products in research and development, engineering and capacity to consolidate product prices and enhance control over ASP. Regarding the demand for mid-to-low-end mobile phones, SMIC's executives explained that the total terminal demand has not decreased. In the past five memory cycles, when supply was insufficient, demand was amplified, directly boosting prices and the inventory of channel dealers. AASTOCKS Financial News Website: www.aastocks.com |
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