On November 16, Nvidia reported its third-quarter financial results for the fiscal year 2023 (07/2022-10/2022). It reported a revenue of US$5.93 billion, a 17% YoY decrease, and a 12% QoQ decrease. In terms of gross margin, it reported a figure of 53.6%, an 11.6 point YoY decrease, and a 10.1 point QoQ increase
The Indian government has agreed to adopt a uniform charging port USB-C for electronics devices to reduce E-waste, which may further impact Apple following a similar move by the EU.
Despite US-China tensions remaining intense, Chinese lithium battery cell makers are still eager to set up manufacturing operations in the US, eyeing huge business opportunities brought about by the Inflation Reduction Act (IRA) partly designed to encourage green energy solutions providers to establish plants in the US, according to industry sources.
In four years the Arm architecture will take over half of the market shares in the cloud server market and 30% of the PC market, according to Steve Brazier, president and CEO of market research firm Canalys.
People argue that the effects of US new export control rules may have just surfaced – China’s integrated circuits (IC) output declined by 26.7% year-on-year in October, to 22.5 billion units, the biggest monthly decline ever recorded for that item, according to the country’s National Bureau of Statistics data. China’s Jan-October IC output totaled 267.5 billion units, down 12.3% from last year. But there are much more details worthy to dig into the data.
Shipments of application processors (APs) used in smartphones released by China-based brands went up 10.2% sequentially, but down 19.4% on year to reach 199.5 million units in the third quarter of 2022, according to DIGITIMES Research’s latest figures from the China Smartphone AP tracker.
Foxconn chairman Young Liu spoke at the B20 summit, a part of the G20’s event series, to promote the company’s new BOL (Build-Operate-Localize) business model. He stated that to take on the macro headwinds, collaboration, sharing, and co-prosperity will be the key factors in promoting economic growth through innovation and that Taiwan will be the world’s most trustworthy partner.
Taiwan’s Gogoro recently announced its entry into the rapidly growing Indian EV two-wheeler market. The company has already worked with the Indian two-wheeler giant Hero Motorcorp to develop EV scooters. The latest announcement comes close to Hero’s launch of its first product in this category.
Qualcomm has contracted both Amkor Technology and Siliconware Precision Industries (SPIL) to provide backend services for its just-unveiled flagship smartphone SoC, according to industry sources.