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*ST Wentei: Transistor production capacity supply will gradually be released in the second half of this year

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*ST Wentei’s Chairman, Yang Mu, stated at the earnings briefing held this afternoon that the company’s Q2 capacity utilization rate has rebounded sequentially this year. As of now, the company has achieved a closed-loop supply chain in China for products such as MOSFETs and logic ICs, and is comprehensively advancing the upgrade of transistor products (including protection-class devices such as ESD/TVS) to 12-inch process platforms. Some products have already entered small-batch production, and capacity supply will be gradually released in the second half of this year. Supply chain costs will also be optimized. Regarding the company’s delisting risk warning in addition to other risk warning matters, the company has formulated a rectification plan and will strive to remove audit obstacles within the year. The rectification plan is still being discussed with the auditing firm. (Cailian Press)
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