TechFlow news, on July 16, Hong Kong-listed storage concept stocks continued to weaken, with Montage Technology (06809.HK) plunging over 18% in the short term and GigaDevice (03986.HK) falling over 8%. On the news front, on July 15, South Korean prosecutors raided the offices of Montage Technology, Japan's Renesas Electronics, and US Rambus in South Korea, investigating the three companies for suspected semiconductor component price manipulation. Montage Technology responded that the company is currently operating normally. (Jin10)
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