Wakakaka... Red ! they chose to announce these at the wrong date and timing ! 293mil PAT, LTA with CGP and ILI at full capacity - big deal ! It is still a penny stock, not even a higher Low. This counter is not about investment, nor EV chip or oil, its the mentality of the 70% floating holders, its about gambling, kfc and ikan bills, see 10 sen take 20 sens, earn RM100 spend 110 today, there is no tomorrow. Hehehe...
Cyberjaya, 29 November 2021 – SilTerra Malaysia Sdn Bhd has entered into a multi-year wafer supply and purchase agreement with ILI Technology Corp (“Ilitek”), a leading touch controller and driver integrated circuit (“IC”) fabless design house based in Taiwan.
Under the agreement, SilTerra will collaborate with Ilitek on technology development and wafer fabrication targeting touch controller and display driver IC for industrial and home appliances markets.
Ilitek has been SilTerra’s long term technology and business partner since 2006. This agreement marks another milestone for SilTerra’s and Ilitek’s relationship. Both companies will continue to work closely on product development and mass production based on SilTerra’s high-voltage 0.16um and 0.13um technology platforms. High-voltage technology is one of the most successful and important enabling technology from SilTerra for the global display driver IC markets for small panels such as wearables and mobile devices, medium panel for monitors, and large panel for TV applications.
“We are pleased for SilTerra to enter into this agreement with one of the leading semiconductor chip design companies in Taiwan. This marks a significant milestone in SilTerra’s aspiration to become a world-class leader in the world’s semiconductor market in terms of operational excellence and technology advancement,” said Tan Sri Syed Zainal Abidin Syed Mohamed Tahir, Group Managing Director of Dagang NeXchange Berhad (“DNeX”), and also Executive Chairman of SilTerra.
“As part of transformation of SilTerra, the new shareholders are leading the company to ready market access by leveraging on our network including strategic customers and long-term supplier contracts. In addition, we are continuously committed to expanding SilTerra’s production capacity and technology capabilities in the global semiconductor industry,” he said.
He said the agreement will help SilTerra secure a stable wafer loading, ensuring a sustainable growth for the company going forward.
In addition, the partnership will also cover joint technology and market development to grow SilTerra’s business and market share in the industrial touch controller market, he added.
SilTerra is a strategic investment of DNeX, and Beijing Integrated Circuit Advanced Manufacturing and High-End Equity Investment Fund Center (Limited Partnership) (“CGP Fund”).
Limit up they say hahaha Better sell half park in air asia, later reach rm1 then sell lorr. This one easily pncut maa. Fasterr all selll we enter back lower ahah
“It is an encouraging start to the year as SilTerra reports a turn-around to profitability from transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.
“It is an encouraging start to the year as SilTerra reports a turn-around to profitability...
This part is true
...from transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.
This part not true
Management taking credit for jump in ASP
Took over management from 27.7.2021 how to implement so fast.... the transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.
The 20m profit comes August and September so RM 10m per month BEFORE the transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.
Post transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies and LTA signed think can RM 20m per month
DreamEmperor DNeX to focus on long term agreement on remaining SilTerra capacity _________________________________________
First has to upgrade facilities, then only Capacity comes... All accounting and production numbers are kept secret by PNB ( no disclosure even to Dnex before Sales ) Can you trust Gov # ???? Management to doing Marketing ( always appear in news) to raise Fund....This part of their Job. Buy for long term investment. DonT trust management #....Can send you very High with no support.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TedTock
926 posts
Posted by TedTock > 2021-11-29 16:22 | Report Abuse
Haha as if dnex will allow the pp buyer to sell anytime