Wang Hong announced its Q2 financial report. The company's quarterly revenue was NT$19.1 billion, up 180% year on year; gross margin reached 64.4%; and operating profit margin was 46.9%. Wang Hong said that 3D NAND is currently all MLC, and already has 48 and 96 layers of production capacity. The 192 layer is expected to be mass-produced next year, while TLC is expected to be introduced at the 300-layer stage with no mass production plans yet. On the same day, Wanghong's board of directors approved a new capital expenditure budget. Starting this quarter, it plans to invest NT$15.81 billion in production equipment, clean rooms, and back-end equipment, which is expected to bring additional production capacity of 4,000 to 5,000 12-inch wafers per month.

Wang Hong announced its Q2 financial report. The company's quarterly revenue was NT$19.1 billion, up 180% year on year; gross margin reached 64.4%; and operating profit margin was 46.9%. Wang Hong said that 3D NAND is currently all MLC, and already has 48 and 96 layers of production capacity. The 192 layer is expected to be mass-produced next year, while TLC is expected to be introduced at the 300-layer stage with no mass production plans yet. On the same day, Wanghong's board of directors approved a new capital expenditure budget. Starting this quarter, it plans to invest NT$15.81 billion in production equipment, clean rooms, and back-end equipment, which is expected to bring additional production capacity of 4,000 to 5,000 12-inch wafers per month.