China chipmaker SMIC says phone, PC demand has dropped 'like a rock'

[Hamartia Antidote]

China chipmaker SMIC says phone, PC demand has dropped 'like a rock'

CEO says Ukraine war, China lockdowns to wipe 200m units off handset shipments

asia.nikkei.com

CEO says Ukraine war, China lockdowns to wipe 200m units off handset shipments

Top Chinese chipmaker Semiconductor Manufacturing International Co. says demand for mobile phones, personal computers and home appliances has dropped "like a rock" and shows no signs of recovering.

 

[Han Patriot]

China chipmaker SMIC says phone, PC demand has dropped 'like a rock'

CEO says Ukraine war, China lockdowns to wipe 200m units off handset shipments

asia.nikkei.com

CEO says Ukraine war, China lockdowns to wipe 200m units off handset shipments

Top Chinese chipmaker Semiconductor Manufacturing International Co. says demand for mobile phones, personal computers and home appliances has dropped "like a rock" and shows no signs of recovering.

There are only 25million people in Shanghai and lockdown is only 35 days with remaining 30 days gradual resumption. Gosh..... Nikkei

 

[Splurgenxs]

Good news , reduce the prices then.

 

[Nan Yang]

Translation.

China saves life and ignore corporate profits.

This is power to the people.

 

[Brainsucker]

Well it is natural to happen. Today, the only business that has fat profits is American military industries. As they have a prospect to absorb 40 billion USD from their government, to send into Ukraine.

Outside that business, everyone are crying.