Xinlian Integration Zhao Qi: Will maintain a cautious capital expenditure pace in the coming two years

Xinlian Integration Chairman Zhao Qi stated at tonight’s earnings conference call that the company will maintain its capital expenditure pace over the next two years, increasing capacity based on market and customer demand changes. Specifically, in the next one to two years, capacity expansion will focus on three main areas: first, 8-inch silicon carbide; second, analog ICs and MCU-related 12-inch silicon-based production lines; third, power module packaging. “The company’s overall principle for capital investment will remain relatively cautious, and we do not want to further increase depreciation pressure.” (Cailian Press)