Reported 8 months ago
Midas (1560) held a shareholders' meeting on June 24, 2024, where Chairman Lin Boquan pointed out the strong demand in the semiconductor industry. The company plans to actively develop diamond discs and recycled wafers required for advanced semiconductor processes. With gains in the semiconductor sector and an optimistic outlook for the second half of the year, Midas is expected to see significant growth. The company's focus on diversification and market stability, especially in the semiconductor sector, is seen as a key factor for future growth. Progress in diamond disc certification with major international IDM clients is proceeding smoothly, with shipments expected by year-end.
Source: YAHOO