VIEWTRIX TECH Debuts with Strong Gains, Leading Mainland China's AMOLED Display Driver Chip Market

Stock News

May 27

VIEWTRIX TECH (03310) made its debut on the stock exchange today. According to the listing announcement, the shares were priced at HKD 20.81 each. The company issued a total of 52.8592 million shares, with a board lot size of 200 shares, raising a net proceeds of approximately HKD 1.019 billion. At the time of writing, the stock was up 22.44%, trading at HKD 25.48 with a turnover of HKD 127 million.

A report from Frost & Sullivan indicates that based on 2024 sales volume, VIEWTRIX TECH is the fifth-largest supplier in the global smartphone AMOLED display driver chip market and the largest supplier in Mainland China. The company is dedicated to providing reliable and high-performance display driver solutions for consumer electronics brand companies. After more than a decade of development, VIEWTRIX TECH has established itself as a technology-driven brand within the display industry, consistently emphasizing value creation for its brand partners.

The Frost & Sullivan report further states that VIEWTRIX TECH is the first company in Mainland China to receive certification from brand companies and the sole enterprise to have shipped over ten million cumulative units of AMOLED display driver chips to these brands. Additionally, the company's total sales volume for 2024 has already exceeded 50 million units.

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