Chinas top chip makers are facing constraints amid Shanghai lockdown, accentuating shortage problem. Photo: Shutterstock
Chinas top chip makers are facing constraints amid Shanghai lockdown, accentuating shortage problem. Photo: Shutterstock
Stocks

China’s No 2 chip maker seeks fresh buy-back mandate amid stock slump while Shanghai lockdown disrupts production

  • Stock has declined 31 per cent this year, underperforming the broader Hong Kong market
  • Chip maker seeks to boost capacity after generating record sales and earnings in 2021 amid a global supply shortage

Chinas top chip makers are facing constraints amid Shanghai lockdown, accentuating shortage problem. Photo: Shutterstock
Chinas top chip makers are facing constraints amid Shanghai lockdown, accentuating shortage problem. Photo: Shutterstock
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