Tuesday, December 5, 2023

Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected  —  It was the first year-on-year improvement in monthly results since January, helped by a comparison to last year's disruptions by Covid Zero lockdowns in China.



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...