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Grid core released its first financial report after listing! Revenue in the third quarter increased by 56% year-on-year

Share the news of December 1 with wechat scanning QR code < / P > < p > to friends and circles of friends < / P > < p > on Tuesday, local time, chip manufacturer lattice core announced the third quarter financial report of 2021 as of September 30 this year. According to the financial report, the revenue of lattice core in the third quarter increased to $1.7 billion from $1.09 billion in the same period last year, a year-on-year increase of 56%; The net profit for the quarter was US $5 million, or US $0.01 per share; Compared with the same period last year, it had a net loss of 293 million US dollars, or 58 US dollars per share < p > this is the first public financial report of lattice core since its listing in October this year. The global chip shortage has led major chip manufacturing companies to increase production to ensure chip supply in all fields, from cars to mobile phones < p > lattice core produces chips for chip design companies such as AMD and Broadcom that do not have their own chip manufacturing factories. The supply problem caused by chip shortage is conducive to the development of lattice core business. Although it is recognized that the chips produced by lattice core company are not cutting-edge technologies, they are very important to the market < p > lattice core expects its revenue to be between $1.8 billion and $1.83 billion in the quarter. (Chen Chen) < / P > < p >


2023-03-22 10:04:47

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