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FACING THE GLOBAL CHIP RESHUFFLE, MAYBE THE INNOVATION AND CHANGE IS THE ONLY WAY

June 1, 2023

Latest company news about FACING THE GLOBAL CHIP RESHUFFLE, MAYBE THE INNOVATION AND CHANGE IS THE ONLY WAY

FACING THE GLOBAL CHIP RESHUFFLE, MAYBE THE INNOVATION AND CHANGE IS THE ONLY WAY

Recently, MICRON, the world's second largest chipmaker, reported a $2.3 billion loss in the first quarter alone, South Korean giant SAMSUNG’S profit plunged 96%, Taiwan TSMC which spent $40 billion to build a factory, suffered its lowest annual revenue in 17 months, and APPLE cut 120,000 pcs N3 orders. China's smartphone memory market is down 20 percent, car sales are down 13 percent year on year. the chip market at home and abroad is still in a cold winter. Face the reality, conform to the cycle, maybe the innovation and change is the only way.

https://www.icscircuit.com/

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