In addition, Wingtech Technology also faces pressure from geopolitics

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Rina7RS
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In addition, Wingtech Technology also faces pressure from geopolitics

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The impairment of goodwill has a significant impact on the company's profits. The company's impairment level is very high in and . Of the million yuan in asset impairment losses last year, nearly million yuan came from Wingtech Communications. If it is not handled in time, there will be more than million yuan left to be reduced.

On December , the US Department of Commerce issued new regulatory measures. The measure further tightens export controls on semiconductor manufacturing equipment, memory chips and other items, adding Chinese entities to the export control entity list, including Wingtech.

According to the interim report, nearly of the company's semiconductor morocco phone number list business revenue comes from abroad. By betting everything on semiconductors, the company's performance is subject to certain risks.

In general, the decision by the former ODM manufacturing giant to bid farewell to its old business and focus on the business that truly brings profits must have been extremely difficult.

In the long run, the company's stock price has the potential to reverse its predicament. With the complete divestiture of the ODM business, it is likely to usher in a substantial increase in profits next year. By then, whether the company's semiconductor business can deliver performance that dispels doubts will be the key to the reassessment of its market value. End of full text
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