Friday, December 29, 2023

Huawei says its full-year sales for 2023 would be more than $99B, up 9% YoY but down 20% from 2020 peak; Chairman Ken Hu says "we're pretty much back on track" (Edward White/Financial Times)

Edward White / Financial Times:
Huawei says its full-year sales for 2023 would be more than $99B, up 9% YoY but down 20% from 2020 peak; Chairman Ken Hu says “we're pretty much back on track”  —  Sanctions-hit telecoms group records highest revenues in three years but still below 2020 levels



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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...