UIGreen(688661)2023-11-15 07:46Financial Performance - Q3 2023 revenue reached 83.65 million, with MEMS products playing a significant role [2][4] - Q1, Q2, and Q3 2023 revenues were 42.98 million, 55.65 million, and 83.65 million respectively, showing a notable Q3 growth [2] - Semiconductor probe inventory at the end of 2022 was valued at 14.66 million [1] Business Operations - The company is actively expanding both domestic and international markets for its probe business [2][3] - The company is focusing on increasing market share among existing clients and accelerating new client product verification [3] - The company is working on reducing inventory and has a plan in place for this [1] Product and Market - MEMS-related products are the primary revenue drivers, followed by semiconductor test probes and other precision components [2][4] - The company's products are used in various high-tech applications including chip packaging, TWS earphones, smartphones, and hearing aids [4] - The company is exploring opportunities in the chiplet technology market, which could benefit its MEMS wafer test probes [3] Challenges and Strategies - The company is monitoring the impact of the US chip export ban on its business with NVIDIA [2][4] - The company is facing challenges with semiconductor probe revenue growth but expects improvement with the recovery of the semiconductor market [3] - The company is focusing on strengthening its core technologies and market competitiveness to deliver better returns to investors [3] Future Outlook - The company is optimistic about the recovery of the semiconductor market and its impact on the probe business [3] - The company is committed to serving existing major clients and expanding new client bases to ensure business stability [3] - The company is preparing for potential growth opportunities in the advanced packaging and chiplet markets [3]