HK Stock Market Move | HUA HONG SEMI (01347) is currently up over 6%, with a collective price increase of up to 20% for 8-inch wafer foundry services.

Shares of HUA HONG SEMI (01347) are now up more than 6%, at the time of writing, up 5.77% to HK$106.4, with a turnover of HK$1.488 billion. On the news front, the latest report from TrendForce points out that as Taiwan Semiconductor Manufacturing Company and Samsung Electronics reduce their 8-inch wafer foundry capacity, it will result in a synchronous 2.4% reduction in global 8-inch wafer foundry total capacity in 2026. At the same time, the demand for AI-driven power management mature process chips remains strong, leading to a potential increase in 8-inch wafer foundry capacity utilization to 90% this year. As a result, 8-inch wafer foundries may raise prices by 5% to 20% this year. Huaxin Securities released a research report stating that the utilization rate of HUA HONG SEMI's three 8-inch wafer fabs remains high, and the actual monthly production capacity of its first 12-inch wafer fab has exceeded 100,000 wafers. Therefore, to cope with the continuous influx of orders, Hua Hong is actively expanding its capacity. Another 12-inch wafer fab in the growth phase is expected to complete its overall capacity deployment in the third quarter of 2026. Currently, Hua Hong Group's 8-inch wafer foundry production capacity is approximately 190,000 wafers, and the utilization rate has already exceeded 100%.