China’s top fabless chip firms, such as Loongson, estimate big losses in 2023
Meanwhile Beijing-based Cambricon Technologies, which produces artificial intelligence (AI) accelerators, is projecting a full-year loss of up to 924 million yuan, which would be 40 per cent narrower than its loss in 2022 due to cost-cutting efforts. It is forecasting 2023 revenue to be slightly…
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