Monday, April 18, 2022

China's National Bureau of Statistics: quarterly chip production dropped 4.2% QoQ in March, the first time since early 2019, amid weaker demand and lockdowns (Bloomberg)

Bloomberg:
China's National Bureau of Statistics: quarterly chip production dropped 4.2% QoQ in March, the first time since early 2019, amid weaker demand and lockdowns  —  China's quarterly production of semiconductors shrunk for the first time since early 2019 as consumer electronics demand softened …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...