Nexchip Semiconductor (SHA:688249) expects its attributable profit to rise 39% to 109% to between 260 million yuan and 390 million yuan, from 187 million yuan in the year-ago period, according to a Tuesday filing with the Shanghai bourse.
Operating income is seen to grow 15% to 21% to between 5.07 billion yuan and 5.32 billion yuan in the first half from 4.40 billion yuan in the prior-year period.
The semiconductor foundry attributes the rise to higher sales and capacity utilization, the filing said.
Shares jumped 5% during morning trading on Tuesday.
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