Quanta Computer is generating record-high profits amid a sharp decline in staff count. From the high of 112,000 employees by the end of 2018, Quanta’s workforce has decreased by 49.1% to around 57,000 by the end of 2023.
Chinese Gallium Nitride (GaN) IDM Innoscience is preparing to go public on the Hong Kong Stock Exchange (HKEX), despite continued losses and the possibility of future losses due to lawsuits launched by US competitors.