China's top fabless chip firms estimate big 2023 losses...

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2024-02-01 02:05:30 - Translate -

China's top fabless chip firms estimate big 2023 losses despite push for greater self-sufficiency in semiconductors

China's leading chip companies, from Loongson Technology to Cambricon Technologies, expect to log huge losses for 2023 in spite of Beijing's push for greater self-sufficiency in semiconductors, according to corporate filings. Loongson Technology, a fabless chip firm that is a firm advocate for domestic semiconductor development, is estimating a full-year loss of 310 million yuan (US$43.36...

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