China s consumer electronics market demand is not expected to recover significantly until the second half of the year despite a recent pick-up in retail sales, and the Double 11 shopping festival will be a critical indicator of the recovery momentum, according to China-based MCU and flash memory chips supplier GigaDevice Semiconductor.
ROM and NOR flash memory specialist Macronix International has reported revenue of NT$2.82 billion (US$92.7 million) for March 2023, up 36.5% sequentially but down 33.7% on year.
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