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Luxshare Precision Announces 2022FY and 2023FYQ1 Financial Results

Retrieved on: 
Monday, May 8, 2023
Ultra, Apple, Q1, Communication, Pegatron, IPhone, Annual report, News, Electronics, Cryptocurrency, Mobile phone, Fine chemical

On April 27, Luxshare Precision released its annual report for 2022 and its first quarter results for 2023.

Key Points: 
  • On April 27, Luxshare Precision released its annual report for 2022 and its first quarter results for 2023.
  • In the first quarter of 2023, Luxshare Precision kept its growth momentum, achieving operating revenue of RMB49.942 billion, representing a year-on-year increase of 20.05%.
  • In summary, Luxshare Precision is moving from a single business mode to a more diversified and comprehensive development.
  • Given the vast blue ocean market and great growth opportunities, it is believed that Luxshare Precision has a promising future.

Apple reports 2023Q1 results, Cook says supply problems has resolved

Retrieved on: 
Tuesday, February 14, 2023
AAPL, Apple Inc., VR, Smartphone, Morgan Stanley, Electronics, Pegatron, Revenue, Research report, CICC, Financial Times, Wall Street, Growth, IPhone, COVID, AR, Video game, Mobile phone, Foxconn, Apple, Luxshare

Apple was the only major smartphone vendor to record month-to-month growth in October, accounting for 25% of the Chinese market, according to Counterpoint Research.

Key Points: 
  • Apple was the only major smartphone vendor to record month-to-month growth in October, accounting for 25% of the Chinese market, according to Counterpoint Research.
  • It was reported that Apple sold 26.09 million units of the iPhone 14 series in the first two months after its release.
  • In addition, more and more Chinese Apple suppliers are seeking diversified development, such as Goertek's VR segment and Wingtech Technology's semiconductor segment.
  • Apple CEO Tim Cook said it has resolved many of those supply problems for now and that there are currently 2 billion active Apple devices in users' hands worldwide.