AMD RF chip shortlisted for the list of designated devices for Meta
In order to further accelerate the promotion of the "Evenstar" plan, on Wednesday (May 11), local time, Meta officially announced its cooperation with chip giant AMD to adopt AMD as one of the suppliers of designated RF devices in the Evenstar plan.
It is reported that the designated RF device will use AMD (designed by its Xilinx company) RF chip Xilinx Zynq UltraScale+RF SoC. Zynq UltraScale+ RFSoC is a heterogeneous computing architecture, including a complete Arm processing subsystem, FPGA architecture, and complete analog-digital programmability in the RF signal chain. It not only provides a complete monolithic software-defined radio platform for different applications, but also helps to produce radio variants as market dynamics develop.
Huahong Semiconductor Q1 sales revenue was US$594.6 million
On May 12, Huahong Semiconductor announced its comprehensive operating results for the first quarter of 2022. The company's sales revenue in the first quarter hit a new record high, reaching US$594.6 million, up 95.1% year-on-year and 12.6% month-on-month; net profit was US$102.1 million, up 387.9% year-on-year and 25.6% month-on-month; net profit attributable to shareholders was US$103 million, up 211.4% year-on-year and 22.9% month-on-month.
gross profit margin, Huahong Semiconductor was 26.9% in the first quarter of 2022, up 3.2 percentage points year-on-year and down 5.6 percentage points month-on-month.
Huahong Semiconductor said that it was mainly due to the rise in average sales prices, partly offset by the rise in depreciation costs, a month-on-month decrease of 5.6 percentage points, mainly due to a government-subsidized audit adjustment for , and the increase in bonus and depreciation costs were partially offset by the rise in average sales prices.
Huahong Semiconductor expects to achieve sales revenue of approximately US$615 million in the second quarter, with a gross profit margin between 28% and 29%.
Ideal Auto breaks the contract for school enrollment due to business adjustments
On May 11, several netizens on social platforms said that Ideal Auto blew up the contract for the 2022 school enrollment, some of which have signed a tripartite agreement with Ideal Auto and the school, and are waiting for graduation defense to join. An employee of Ideal Auto who was transferred to the position revealed that he received a job adjustment email this morning, notifying him to transfer from the enterprise system department to other departments for an interview. The employee said that fresh graduates in the P4 rank are transferred, while most of the P3 ranks in the same position are terminated. Industry insiders close to Ideal Auto said that the departments involved currently include enterprise systems, products, intelligent driving and data development, are all technical employees, and these fresh graduates who have been broken contracts have signed tripartite agreements.
In response to this, Ideal Auto responded that Ideal Auto has made business adjustments recently, and some positions have been closed, involving some school enrollment partners who have not yet joined this year. In view of the inconvenience that may cause these students to find jobs again, Ideal Auto provides a plan for transfer and termination compensation, and is currently communicating with relevant students. For those enrollment students who cannot be transferred and saved, one month's salary will be compensated as a termination fee. As for the proportion of enrollment involved, Ideal Auto said that "the specific number of students is not convenient to inform you."
Meta is preparing to cut the core department of Meta's strategy
Meta Platforms (Facebook) confirmed to Reuters on Wednesday that it is preparing to cut the Reality Labs department, which is the core of Meta's meta-universe strategy, aiming to promote the company's hardware and the so-called meta-universe strategy.
Meta Chief Technology Officer Andrew Bosworth told lab staff during a weekly Q&A meeting Tuesday that the changes are expected to be announced within a week.
iPhone15 may switch to Type-C charging port
Recently, Apple famous whistleblower Kuo Mingchi said that next year's iPhone 15 series will switch to Type-C charging port for the first time. Kuo Mingchi said: My latest survey shows that the new iPhone in 2023 will abandon the Lightning port and instead use USB-C port. USB-C can improve iPhone transmission and charging speeds in hardware design, but the final specification details still depend on iOS support.
Kuo pointed out that due to the large number of orders for iPhone and accessories using USB-C ports, existing USB-C-related suppliers in the Apple ecosystem (such as IC controllers, connectors) are expected to become the focus of the market in the next 1-2 years.
At present, in addition to Apple iPhone, there are already many devices using USB-C interfaces. With the use of iPhones, only the entry-level iPad and AirPods product lines are still available.
It is reported that China's laptop production can be fully restored until July
On May 12, the overall production of China's laptop was mainly concentrated in major coastal cities in eastern China, and it is unlikely to return to the level before July. Insufficient manpower and logistics issues are considered major challenges.
reported that as the epidemic situation in Kunshan and Shanghai new crown eased and the lockdown was gradually lifted, production enterprises resumed work and production one after another. However, according to supply chain sources, Kunshan ODM has only restored 30-40% of its operations, and Shanghai ODM has only restored 10-20%. The slow recovery of operations has resulted in the pull-up of parts much lower than expected.
supply chain concerns that the insufficient momentum of ODM pulling goods is not only the result of slow recovery of operations, but also the result of weak orders placed by brand customers, which will indicate weak market demand.
Tencent Increase capital in semiconductor company Yunbao Intelligent
Qichacha APP shows that on May 11, Shenzhen Yunbao Intelligent Co., Ltd. underwent industrial and commercial changes, adding shareholders Guangxi Tencent Venture Investment Co., Ltd. , with an investment ratio of 0.92%, and the amount was 117,098 million yuan. Previously, Shenzhen Tencent Information Technology Co., Ltd. had acquired shares and became the major shareholder.
Public information shows that Yunbao Intelligent Co., Ltd. is a leading semiconductor company focusing on cloud computing and data center data processor chips (DPUs) and solutions.
NIO is expected to be listed on Singapore Exchange on May 20
NIO recently announced that it is expected that its Class A common stock will be listed and traded on Singapore Stock Exchange main board on May 20, 2022 ( Singapore time). On May 6, NIO announced that it had received a conditional listing qualification letter (ETL) from the Singapore Stock Exchange and plans to complete the listing requirements by the end of the month.
Credit Suisse (Singapore) Co., Ltd. and Goldman Sachs (Singapore) Co., Ltd. are the joint issuers of NIO's listing, while PrimePartners Corporation Finance Pte is the financial advisor. By then, NIO will become the first Chinese automaker to be listed on New York Stock Exchange , Hong Kong Stock Exchange and Singapore Stock Exchange.
In March this year, NIO was listed in Hong Kong through introduction. This allows NIO to exchange shares already traded on the New York Stock Exchange to the Hong Kong Stock Exchange instead of raising funds by issuing new shares. NIO said that after Class A common stock is listed in Singapore, its American depositary shares (ADS) will continue to be listed and traded on the New York Stock Exchange.