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Magnachip Semiconductor Corporation (NYSE:MX) Q2 2023 Earnings Call Transcript

Magnachip Semiconductor : Q2 2023 Prepared Remarks

Chinese Smartphone Market Shows Hope Of Positive Recovery In May During 6 18 Festival

The world's biggest smartphone market, China, showed positive signs of improvement in May thanks to China's second-biggest shopping festival, 6.18. Smartphone shipments grew 22.6% in May, a sharp acceleration vs. April 2023, as per Bloomberg. Also, phone makers shipped 25.2 million handsets in May, with the festival that features discounts from late May to June driving sales in China. As per the China Academy of Information and Communications Technology, the festival must have aided manufacturer

India Introduces Fresh Regulations for Chinese Smartphone Makers

In a strategic move, the Indian Central Government has developed a proposal to regulate the activities of Chinese mobile operators within the country. The governments objective is to enhance accountability and increase the involvement of Indian stakeholders in the functioning of renowned Chinese mobile brands such as Xiaomi, OPPO, Realme, and VIVO. Read on to learn more.

Get Indian Equity Partners, Centre Tells Chinese Mobile Manufacturers: Report

Get Indian Equity Partners, Centre Tells Chinese Mobile Manufacturers: Report
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