Reported about 1 year ago
Chang Ruiyi as of June 8, 2024, at 4:10 PM, Xinyun (3583) has been consolidating in a range between 320 and 360 yuan, near the end of a triangular convergence. With the KD indicator crossing upwards at a low level, the stock price showed a strong 4.83% increase on the 7th, closing at 347 yuan. The company has three main business areas: equipment agency, self-made equipment, and recycled wafers. In particular, the self-made equipment sector benefits from the strong demand for wet process equipment, with promising order prospects. Riding the CoWoS demand surge, Xinyun's advanced packaging equipment shipments are expected to peak this year, driving operational growth for the year. More details in Commercial Times report: Taimicro: 1st in shipping volume by H1 next year, Taiwan PCB output value estimated to exceed 800 billion; FSC to focus on three key areas in next year's financial inspection.
Source: YAHOO