High-priced IC design stocks Xinhua (5274-TW), Spectra-KY (4966-TW) today (5) to simultaneously announce the August revenue, which were 403 million yuan and 1.479 billion yuan respectively. Since both companies were affected by the revision orders placed by customers, their revenue declined compared with the previous month, respectively writing the second half of the year and one year. Half to new lows.
Xinhua’s August revenue was 403 million yuan, a monthly decrease of 5.82% and an annual increase of 32.59%; the accumulated revenue in the first eight months was 3.407 billion yuan, an annual increase of 48.12%. Pray-KY’s August revenue was 1.479 billion yuan, a monthly decrease of 15.78% and an annual decrease of 13.75%; the cumulative revenue in the first eight months was 15.519 billion yuan, an annual increase of 21.44%.
Xinhua has recently been affected by the revision orders placed by customers. Since July, its revenue has declined month by month. In August, it recorded a low for nearly half a year. It is expected that the revenue in the third quarter will decline compared with the previous quarter, but in the fourth quarter, with the new product line Mini BMC (BIC) has started to increase its volume and is expected to challenge a new single-season high once more. It is optimistic that the annual growth target of 45% will remain unchanged.
Pray-KY also faced severe inventory adjustments in the supply chain of laptops due to disruptions such as China’s lockdown and inflation. In addition, the demand for high-speed transmission interface customers was also revised. In August, revenue declined for two consecutive months compared with the same period last year. It has also hit a new low in a year and a half. It is expected that the revenue in the third quarter will drop by 23-31% quarterly, which may hit a new low in five quarters.
