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China CE IC suppliers experience sluggish sales in 1Q23 - Vimarsana News

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.

New Electronics - Top 10 IC design houses see revenues drop almost 10 per cent in Q4 2022 - Vimarsana News

New Electronics - Top 10 IC design houses see revenues drop almost 10 per cent in Q4 2022

Increased inflationary risks and downstream inventory corrections in the second half of 2022, have had a significant impact on the financial performance of IC design houses.

Revenue Decline of Global Top 10 IC Design Houses Expanded to Nearly 10% in 4Q22, Decline Expected to Continue into 1Q23, Says TrendForce · EMSNow - Vimarsana News

Revenue Decline of Global Top 10 IC Design Houses Expanded to Nearly 10% in 4Q22, Decline Expected to Continue into 1Q23, Says TrendForce · EMSNow

The global economy has faced increased inflation risks and downstream inventory corrections in 2H22, which have affected IC design houses faster than wafer

Source: emsnow.com
Switzerland helps China Inc satisfy its itch for overseas listings - Vimarsana News

Switzerland helps China Inc satisfy its itch for overseas listings

The number of Chinese companies going public in Switzerland since July has surpassed expectations according to the head of the Swiss bourse.

PVmed Raises US $14 Million Series A Funding from Cherami, Philips, JHF, COCOCAPITAL, and Strategy Capital - Vimarsana News

PVmed Raises US $14 Million Series A Funding from Cherami, Philips, JHF, COCOCAPITAL, and Strategy Capital

/PRNewswire/ -- Perception Vision Medical Technologies Co., Ltd. (PVmed), a global artificial intelligence (AI) cancer treatment company, headquartered in...