Shulou(Shulou.com)11/24 Report--

CTOnews.com news on December 7, memory / hard drive brand company Ten Quan today announced November revenue of 587 million yuan, an increase of 17.5% over the previous month and a decrease of 20.8% from the same month last year. Revenue in the first 11 months totaled 6.045 billion yuan, down 13.8% from the same period last year.

Shiquan said that during the peak sales season at the end of the year, Christmas Black sales in Europe and the United States remained hot, while Chinese mainland Singles 11 was less prosperous than in the past. Shiquan brand shipments maintain steady growth, after the changes since the epidemic, adhere to the high-end e-sports brand and the leading industry's DDR5 promotion.

CTOnews.com learned that Shiquan officials also said that as global supply chain bottlenecks eased, high inventories caused by overorders returned to normal levels, indicating that the global semiconductor industry is still in the process of adjusting and rebalancing. The company has completed its strategic development plan for 2023, which will focus on brand reshaping and industrial control / B2B business development, including soft and hard power such as patent layout, marketing and technology integration, and is expected to expand growth momentum in the second half of 2023 as the market economy recovers.

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