Analysis of Rockchip’s Q3 2023 Performance Forecast

The core focus of the performance forecast is a net profit median of 250 million yuan for Q3, a 22% decrease compared to the single-quarter profit of 320 million yuan in Q2. The company explains that the decline is due to some customers transitioning their mid-to-high-end products from DDR4 to DDR5, which affects short-term demand … Read more