
AI-generated summary
Global Semiconductor is an important manufacturer in Taiwan's silicon wafer group. Recently, due to the fire at its Novara plant in Italy, some of its processes have been suspended. However, the epitaxial process has begun shipping, and the recovery progress is better than expected.
Global Crystal was under heavy selling pressure, hitting the price limit and falling below the monthly line (data photo)
[Reporter Lin Yiru/Report from Taipei] Taiwan stocks fell more than a thousand points today (13th). The silicon wafer group was under heavy selling pressure. Silicon wafer major Global Crystal (6488) was under selling pressure during the session. In the morning At 9:34, the price was hit to the lower limit of 1,005 yuan, falling below the monthly line. As of 10:23 am, it was still locked at the lower limit, with a trading volume of 8,870 contracts and more than 1,200 lower limit sell orders.
Judging from the trends of the three major legal persons, foreign investors backhandedly bought over 69 lots yesterday, terminating the overselling trend for three consecutive trading days. Investment trust continued to sell over 32 lots, selling three times in a row. The dealers also adjusted 9 lots. The three major legal persons bought over 28 lots yesterday.
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Global Crystal's revenue in September was 5.129 billion yuan, benefiting from the high level of production capacity utilization. Revenue increased by 7.65% month-on-month and decreased by 13.13% year-on-year. In the third quarter, consolidated revenue was 14.871 billion yuan, a quarter-on-quarter decrease of 2.26% and an annual increase of 2.6%. However, Global Crystal's revenue in September was still affected by the fire at its Novara plant in Italy. The epitaxial process has begun to be shipped, and the recovery progress is better than originally expected, but some back-end processes are still being rebuilt.
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AI outlook — possibilities, not facts
Global Crystal's stock price will remain weak in the short term until the recovery progress of the Novara plant in Italy is clear and the selling pressure eases
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