Ingenic(SZ:300223)2026-02-02 10:26Group 1: Company Overview - The company began adjusting prices from Q3 of the previous year, with new prices effectively implemented in Q4 [2] - The company has a significant presence in both domestic and overseas markets, with domestic sales expected to exceed 30% due to increased demand [2] Group 2: Pricing and Market Conditions - The company has adjusted the validity period of many quotes from annual or quarterly to monthly, allowing for more responsive pricing based on market conditions [2] - DRAM prices are still being increased, influenced by supply conditions and market dynamics [3] - The price increase for storage chips is expected to cover cost increases, although the exact future price changes remain uncertain [4] Group 3: Production and Capacity - The company has secured supply agreements with major wafer fabs to meet existing customer demands, but new customer demand is high and challenging to fulfill [3] - The company anticipates that the gross margin for storage chips will stabilize around 30%, with potential for gradual improvement due to current price adjustments [3] Group 4: Future Developments - New DRAM processes are expected to start volume production around mid-year, with revenue contributions anticipated in the following years [5] - The company is monitoring the market for potential price adjustments in LED drivers and other products based on supply chain conditions [5]