Hua Hong Semiconductor_GMs_earnings to be capped by rising depreciation from 12_ expansions

Global Research ab 14 February 2025 First Read Hua Hong Semiconductor GMs/earnings to be capped by rising depreciation from 12" expansions How did the results compare with expectations? Q424 sales of US$539mn was up 2.4% QoQ, as a result of 1.1% growth for shipment and 1.3% increase for ASP during the quarter. GM was in-line with guidance, declined to 11.4% from 12.2% in Q324, with full year GM down 11.1% YoY due to decreased ASP and increased depreciation costs. In Q4, the company also suffered from an exc ...