Montage Technology Assists South Korean Prosecutors in Antitrust Inquiry

Stock News
Jul 17

Montage Technology has issued an announcement regarding a recent investigation.

On July 15, 2026, Korean time, the Fair Trade Investigation Department of the Seoul Central District Prosecutors' Office conducted an on-site search and evidence collection at the company's South Korean office. This action is part of an inquiry into potential violations of antitrust regulations.

The company has stated it is fully cooperating with the prosecutors' office's requests. As of the date of the announcement, neither the company, its directors, nor its employees have been formally charged with any misconduct by the prosecutors' office or any other government authority.

Business operations continue as usual, with the company maintaining its focus on product development and customer service.

Given the preliminary nature of the investigation, the company believes it is currently impossible to predict the timeline or outcome of the probe. This includes whether any subsequent actions will be taken against the company, whether charges will be filed against the company or other parties, or whether the matter will have a materially adverse impact on the company's financial condition.

For the sake of full disclosure, the company reported that for the fiscal year ended December 31, 2025, its total operating revenue was approximately RMB 5.456 billion. Revenue from South Korean customers during this period accounted for roughly RMB 2.925 billion.

The company will closely monitor developments related to this matter. It commits to making further announcements in due course in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), and/or other applicable laws and regulations.

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