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Wuxi Chipown Micro-electronics (688508.SH): The digital power chip based on RISC-V architecture is still in the research and development stage.
On March 6, Gelonghui reported that Wuxi Chipown Micro-electronics (688508.SH) stated on the investor interaction platform that the company is currently not a member of the RISC-V industry alliance, and its digital power chips based on the RISC-V architecture are still in the research and development stage.
Guosheng Securities: AI drives high growth of Analog Chips, domestic substitution has entered a deep water zone.
The current inventory in the Analog Chip Industry is gradually normalizing. Coupled with the recovery of downstream customer demand, the industry has gradually emerged from the cyclical bottom. Domestic Analog Chip companies are thriving, focusing on breakthroughs in high-end material numbers, and domestic substitution has entered a deep water zone.
Is Now An Opportune Moment To Examine Wuxi Chipown Micro-electronics Limited (SHSE:688508)?
Chippeng WeChat: 2024 Annual Results Report Announcement
2024 Annual Results Express Announcement
Wuxi Chipown Micro-electronics (688508.SH): Net income for the year 2024 is 0.111 billion yuan, a year-on-year increase of 87.19%.
On February 26, Gelonghui reported that Wuxi Chipown Micro-electronics (688508.SH) announced its preliminary performance for the year 2024. During the reporting period, the company achieved revenue of 0.965 billion yuan, an increase of 23.61% compared to the same period last year; the net income attributable to shareholders of the parent company was 0.111 billion yuan, an increase of 87.19% compared to the same period last year; and the net income attributable to shareholders of the parent company, deducting non-recurring gains and losses, was 73.1301 million yuan, an increase of 117.91% compared to the same period last year. The company has always focused on the power Semiconductors market, entering with industry-leading high-voltage AC-DC products, and in 2024 it will vigorously pursue growth.