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On August 13th, MyFT (02556.HK) announced that its revenue for the first half of 2026 was RMB 1.96 billion, compared to RMB 928 million in the same period of 2025, representing a year-on-year increase of 111.2%; gross profit was RMB 886 million, representing a year-on-year increase of 96.5%; net profit for the period was RMB 203 million, compared to RMB 35.82 million in the same period of 2025, representing a year-on-year increase of 466.1%; and adjusted net profit was RMB 213 million, representing a year-on-year increase of 150.9%.On August 13, CK Asset Holdings Limited (01113.HK) released its interim results for 2026. The Group achieved revenue of HK$40.306 billion, an increase of 58.77% year-on-year; profit attributable to shareholders of HK$8.683 billion, an increase of 37.78% year-on-year; earnings per share of HK$2.48; and proposed to pay an interim dividend of HK$0.41 per share.On August 13, CK Hutchison Holdings Limited (00001.HK) announced that for the first half of 2026, the Group recorded a basic net profit of HK$12.592 billion, representing a 6% increase compared to the first half of 2025 in reporting currency. Basic EBITDA and EBIT, calculated in reporting currency, increased by 6% and 5% respectively compared to the same period last year, mainly due to strong performance in the port segment, robust growth in the retail segment, a significant increase in contributions from Cenovus Energy, and favorable foreign exchange fluctuations. For the first half of the year, profit attributable to ordinary shareholders was HK$26.785 billion. On an IFRS 16 basis, reported profit attributable to ordinary shareholders was HK$26.801 billion, with reported earnings per share of HK$7.00. The Board of Directors declared an interim dividend of HK$0.7455 per share to be paid on September 24, 2026.Eurozone industrial production figures for June will be released in ten minutes.Huahong Grace (01347.HK): In Q2 2026, sales revenue from China was US$563.7 million, accounting for 78.6% of total sales revenue, representing a year-on-year increase of 20.0%, mainly due to increased demand for MCUs, flash memory, general-purpose MOSFETs, logic and smart card chips.

Samsung Elec Will Boost Chip Output Next Year - Media

Charlie Brooks

Dec 26, 2022 14:36

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A South Korean tabloid claimed late on Sunday that Samsung Electronics (OTC:SSNLF) aims to raise chip manufacturing capacity at its main semiconductor factory in 2019, despite predictions of an economic slowdown.


In response to decreased demand and an oversupply of chips, competing chipmakers have reduced their expenditure.


Analysts have stated that Samsung's (KS:005930) commitment to investment plans will likely assist the company in gaining market share in memory chips and bolster its stock price when demand improves.


Samsung wants to expand its P3 facility in Pyeongtaek, South Korea, by adding 12-inch DRAM memory chip wafer capacity, according to unidentified industry sources cited by the Seoul Economic Daily.


It will also increase the plant's capacity to produce 4-nanometer chips under foundry contracts - that is, according to clients' designs, according to the publication.


This year, P3 began producing cutting-edge NAND flash memory chips, making it the company's largest chip manufacturing plant.


The publication reports that Samsung plans to install at least ten extreme UV equipment next year.


The company refused to comment on the report.


Contrary to the industry-wide propensity to reduce output to fulfill medium- to long-term demand, the company stated in October that it has no intention of reducing chip manufacturing.


Han Jin-man, executive vice president of Samsung's memory unit, stated at the time, "We intend to stick with our initial infrastructure investment plans."


In contrast, memory chip competitor Micron Technology Inc (NASDAQ:MU) said last week that it will reduce its spending in fiscal 2023 from $12 billion in fiscal 2022 to between $7 billion and $7.5 billion. It will also "substantially reduce capital expenditures" in fiscal 2024, the company added.


In October, the Taiwanese chipmaker TSMC reduced its yearly investment budget for 2022 by at least 10 percent and sounded a more negative tone than typical regarding future demand.


Greg Roh, head of research at Hyundai Motor Securities, wrote in a client note on Monday, "The chip industry slowdown will exacerbate the challenges of No. 2 and below chip businesses, while benefiting the market dominance of top companies such as Samsung."

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