Microchip manufacturers are facing overstock due to declining demand following a surge in sales during the coronavirus pandemic. It has been reported Bloomberg.
“The sales of companies producing chips are decreasing by 30-50%. This is not normal,” said Greg Roh, head of technology research at HMC Investment & Securities.
It was noted that the situation also destabilized the position of suppliers and harmed the economies of Asian countries based on technology exports. Therefore, companies remaining in the market form alliances or consider mergers.
Last December, Reuters reported that Western chips, including those from US companies Intel and AMD, continue Enter Russia to circumvent sanctions. It was announced that the supplies passed through unofficial channels – companies from Turkey, Hong Kong and Estonia.
Earlier, it was learned that the leading microchip manufacturers in China have shares. price down While trading on the Hong Kong stock exchange, it rose 4-20% and the total capitalization loss of local companies amounted to $8.6 billion against the backdrop of US sanctions.
Source: Gazeta
Jackson Ruhl is a tech and sci-fi expert, who writes for “Social Bites”. He brings his readers the latest news and developments from the world of technology and science fiction.