Chongyue's June revenue increased by 6.32% and 13.52% year-on-year to 1.303 billion yuan (NTD, the same below). Chongyue's second-quarter revenue was benefited from the full capacity of the chip foundry, which increased 23% to 3.789 billion yuan, far exceeding the company's expectations. Looking forward to the market outlook, Chong Yue said that the 12-inch chip foundry customer in the third quarter is still fully loaded, and the current order is directly optimistic. However, due to the high base in the second quarter, it is estimated that the third quarter's revenue growth rate is relatively high, with a quarterly increase of about 10%.
For the performance of the gross profit margin in the second quarter, Chong Yue pointed out that due to the increase in the gross profit margin of the low gross profit margin, the gross profit margin in the second quarter may be slightly lower than the 12.3% in the first quarter. In the third quarter, in addition to the continued growth of the chip factory, Chong Yue estimated that the performance of memory-related products was slightly the same as that of the second quarter. However, as the acquisition of Elpida dust from Micron was settled, the instability of the memory industry will gradually disappear. Chong Yue also listened to the follow-up pull performance of the memory customers.
For the performance of the gross profit margin in the second quarter, Chong Yue pointed out that due to the increase in the gross profit margin of the low gross profit margin, the gross profit margin in the second quarter may be slightly lower than the 12.3% in the first quarter. In the third quarter, in addition to the continued growth of the chip factory, Chong Yue estimated that the performance of memory-related products was slightly the same as that of the second quarter. However, as the acquisition of Elpida dust from Micron was settled, the instability of the memory industry will gradually disappear. Chong Yue also listened to the follow-up pull performance of the memory customers.
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