Brief: Hua Hong Semiconductor Sees Q4 2021 Revenue To Be About US$490 Million

Hua Hong Grace Semiconductor

11/11/2021 07:03

Nov 11 (Reuters) - Hua Hong Semiconductor:
    * SEES Q4 2021 REVENUE TO BE ABOUT US$490 MILLION.
    * Q3 REVENUE US$451.5 MILLION, UP 78.5%
    * Q3 NET PROFIT ATTRIBUTABLE US$50.8 MILLION, 187.1% UP
    * SEES  Q4 GROSS MARGIN TO BE IN RANGE OF 27% TO 28%
    * PLAN TO REACH 12-INCH MONTHLY PRODUCTION CAPACITY OF
95,000
WAFERS BY END OF NEXT YEAR TO FULFILL CUSTOMERS' NEEDS
    * FURTHER EXPANSION PLAN IS BEING DEVELOPED

Source text for Eikon:  ID:nHKSb9zV7j 
Further company coverage:  1347.HK 

 ((Reuters.Briefs@thomsonreuters.com;))