As actions of manufacturers of chips analog China They soaked in the country’s scholarships after Beijing opened investigations against the US semiconductor sector, feeding expectations that local companies gain market share.
SG Micro’s shares, a Beijing-based analog chip developer, fired the daily limit of 20% in Shenzhen on Monday, 15.
3Peak, another Chinese manufacturer, closed up 9.68% in Shanghai.
Omnivision Integrated Circuits Group won 1.88% and Suzhou Novosense Microelectronics rose 10.79%.
Despite the strong gains of analog chips manufacturers, the largest semiconductor sector closed mixed on Monday.
SMIC, China’s largest semiconductor producer, advanced 0.40% in Hong Kong, while Cambricon Technologies, artificial intelligence chips designer, retreated 3.23 in Xangai.
A: One about American analog chips for alleged dumping and another about broader discrimination against the Chinese industry.
According to Citi analysts, investigations favor Chinese analog chips manufacturers. Domestic participation in this segment is still low, representing only between 10% and 15% of the global revenue of Chinese companies.
With Beijing’s effort to expand local production, “domestic suppliers are likely to gain market share in the coming years,” they said in a report.
Citi has placed Omnivision and SG Micro in “Positive Catalyst Monitoring” 90 days, noting that China can impose tariffs on US analog integrated circuits or restrictions on the use of American chips.
*With information from Dow Jones Newswires
