Chinese government data: semiconductor output fell nearly 15% YoY in Q1 2023; smartphone production fell 13.8%, as local brands like Oppo and Xiaomi struggled (Bloomberg)

Bloomberg:
Chinese government data: semiconductor output fell nearly 15% YoY in Q1 2023; smartphone production fell 13.8%, as local brands like Oppo and Xiaomi struggled  —  China’s production of key electronics declined so far this year despite a bullish rebound in the overall economy, showing the unevenness of the country’s recovery.

Author: . [Source Link (*), Techmeme]

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