Sumco's Q3 Results: Better Than Expected, But Q4 Looks Grim
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Sumcos Q3 results show a better-than-expected operating loss, thanks to increased inventory and cost-cutting measures. However, a larger loss is projected for Q4 due to higher depreciation costs and factory maintenance. The company remains cautious about the 300nm wafer market and anticipates a tough profit environment in 2026, despite expecting improved free cash flow and earnings recovery in 2027.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
