In response to recent reports that NVIDIA Corporation (NVDA.US) asked printed circuit board (PCB) suppliers to slash prices by 10%, VGT (02476.HK) stated that raw material prices for its high-end products already in mass production remained stable, and product pricing was relatively steady.

Pricing for new products follows market-oriented principles and will be negotiated with customers based on factors such as manufacturing difficulty of specific product models, market supply and demand, and fluctuations in raw material prices.

VGT added that the company currently has a full order book, with business progressing smoothly. Order production and deliveries are being carried out as scheduled. From a mid-term perspective, supply of high-end products is expected to remain relatively tight, while downstream demand is sufficient to absorb newly added capacity.
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AASTOCKS Financial News
Website: www.aastocks.com

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