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China CE IC suppliers experience sluggish sales in 1Q23

Most China-based consumer electronics IC suppliers, including Will Semiconductor (WillSemi), Maxscend Technologies, and SG Micro, experienced disappointing sales in the first quarter of 2023 due mainly to persistent de-stocking pressure in the related supply chain, according to industry sources.
Semiconductor Willsemi Most China Based Will Semiconductor Maxscend Technologies Hips Components Consumer Electronics

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Prophesee closes €50M C Series round with new investment from Prosperity7 to drive commercialization of revolutionary neuromorphic vision technology; Becomes EU's most well-funded fabless semiconductor startup - Press Release

Prosperity7 Ventures, the diversified growth fund of Aramco Ventures joins Sinovation, Xiaomi and other strategic multi-national OEM investors in Prop
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