Ingenic Semiconductor Co., LtdSZSE: 300223

Ingenic Semiconductor: Revenue and profit declined year-over-year, but Q2 showed sequential improvement

· Issued by Ingenic Semiconductor Co., Ltd

H1 2024 revenue fell 5.15% and net profit dropped 11.10% year-over-year, but Q2 saw sequential growth. Consumer electronics demand is rebounding, while automotive and industrial markets remain weak.

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