Movement Alert｜LIGENT Intraday Rise 5.2% in Regular Trading, optical chip plant ramp-up outlook supports attention

Market Focus10-28

On October 28, LIGENT recorded an Intraday Rise of 5.2% in Regular Trading, trading at HK$21.66, with turnover of HK$3.7889 million.

The move aligns with continued market attention on the company’s Qingdao Wangtai optical chip plant, after the company said the cleanroom fit-out had been completed and core equipment including MOCVD tools was being installed and commissioned, supporting expectations for capacity expansion.

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

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