Hua Hong saw sales grow by 51% in 2022, may increase CAPEX despite downturn

Digitimes
Mar 31, 2023, 12:38 am263 pts
Hua Hong Semiconductors posted an annual growth of 51.8% in sales in 2022, a record high for the second-largest pure-play foundry in China. The company committed to increasing capital expenditure despite a downturn seen in the chip industry.

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