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Shareholders in Tianma Microelectronics (SZSE:000050) Have Lost 36%, as Stock Drops 4.3% This Past Week
Shenzhen Tianma A (000050.SZ): The TM19 production line will achieve full product line lighting in 2024, and the first IT product has entered the mass production stage.
On March 19, Gelonghui reported that Shen Tianma A (000050.SZ) recently stated in an investor relations activity that the TM19 production line will achieve full product line activation in 2024, and the first IT product has entered mass production stage. The TM19 will be built in phases, with the goal of completing the ramp-up of the first phase of production capacity by 2025, while continuing to advance multi-project launches and mass production in various business types such as IT, automotive, mobile, and special displays, ensuring stable delivery and establishing a good industry reputation for the new production line.
Shen Tianma A (000050.SZ): In 2024, nearly 70% of the company's LTPS product revenue will come from non-mobile sources.
On March 19, Gelonghui reported that Shenzhen Tianma A (000050.SZ) recently indicated during investor relations activities that in recent years, as the demand for LTPS technology in the mobile display market has gradually decreased, the company has been continually promoting a diversified product layout on its LTPS production line, increasingly enhancing the proportion of non-mobile display products such as automotive, IT, and specialized displays. In 2024, nearly 70% of the company's LTPS product revenue will come from non-mobile categories, especially the quickly increasing proportion of higher value products like automotive LTPS. For LTPS mobile products, the company will focus on internal cost reductions while ensuring the profitability of the production line.
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Does Tianma Microelectronics (SZSE:000050) Have A Healthy Balance Sheet?
