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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Zhongwei Semiconductor: The company's automotive-grade products have shipped approximately several million to nearly 10 million units.
GF data on December 11th, Jinsan, said during the research that the annual shipment of car-grade products this year is several million to nearly 10 million, with a revenue of about 30-40 million RMB. The company's main wafer fabs are Hua Hong and GF. The company maintains a good cooperative relationship with upstream wafer fabs, and the production capacity guarantee has always been good. At the end of the third quarter, the company's inventory value was about 450-460 million RMB, mainly due to imbalance, and the turnover rate of some products is still too low; the company has been reducing inventory, and if it decreases by another 100 million, the inventory amount will be ideal to be maintained at 300-350 million RMB. From a quantitative perspective, it is more appropriate to maintain the level of 3-4 months of shipment.