Basic Semiconductor rises over 8% on price hike plan
Basic Semiconductor (9971.HK) surged over 8% during regular trading to HKD 38.680.
The company announced a price adjustment for select products starting in the third quarter of 2026, with increases capped at 25%. The move aims to support R&D investments and ensure high-quality supply amid sustained demand growth in emerging applications such as artificial intelligence and new energy vehicles.
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