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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SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions (Ian King/Bloomberg)

Ian King / Bloomberg : SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remar...