Movement Alert｜LIGENT Intraday Rise 6.38%, Optical Chip Factory Production Timeline Lifts Attention

Market Focus10-27

On October 27, LIGENT recorded an Intraday Rise of 6.38% in Regular Trading, trading around HK$21.5, with turnover of HK$4.78 million.

The move followed company disclosure that its Qingdao Wangtai optical chip factory has completed cleanroom fit-out, while key equipment including MOCVD is being installed and commissioned, strengthening market focus on its upcoming capacity expansion.

According to the company, the new plant is expected to begin trial production and mass production in the first half of next year. As ramp-up progresses alongside existing capacity, annual optical chip capacity is projected to exceed 170 million units, and the related capacity has already been fully covered by customer order demand. The company’s products are mainly used in AI, cloud computing, FTTx, transmission networks, and wireless applications.

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