GigaDevice Semiconductor Inc
SSE:603986
GigaDevice Semiconductor Inc's latest stock split occurred on May 21, 2021
The company executed a 7-for-5 stock split, meaning that for every 5 shares held, investors received 7 new shares.
Before the split, GigaDevice Semiconductor Inc traded at 173.96 per share. Afterward, the share price was about 120.9025.
The adjusted shares began trading on May 21, 2021. This was GigaDevice Semiconductor Inc's 4th stock split, following the previous one in May 7, 2020.
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GigaDevice Semiconductor Inc
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GigaDevice Semiconductor Inc., a prominent player in the semiconductor landscape, embarked on its journey in 2005 with a focus on producing high-performance memory products. Fast-forward to today, and the company stands as a key innovator in the microelectronics industry, known for its advanced flash memory and microcontroller units. Their core operations revolve around the design, development, and sale of a wide array of memory solutions, catering to various sectors, including consumer electronics, industrial applications, and telecommunications. The company’s prowess in NAND and NOR flash memory technology has enabled it to carve out a substantial market share, especially as these components are essential for data storage in countless devices ranging from smartphones to sophisticated industrial equipment. The revenue streams for GigaDevice are primarily fueled by the sale of its flash memory and microcontroller products. With the surge in global demand for smart devices and Internet of Things (IoT) applications, the company has strategically positioned itself to capitalize on these trends by continually enhancing product capabilities and diversifying its offerings. GigaDevice’s business model not only emphasizes innovation but also benefits from strategic partnerships and an extensive distribution network that amplifies its reach across global markets. By aligning its production with the evolving technological advancements, GigaDevice ensures its solutions are integral to the seamless operation of modern electronic gadgets, thereby securing a steady income flow while fostering sustainable growth in a competitive industry.
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