DDI supplier FocalTech swings to loss in 3Q22 (Jessie Shen/DigiTimes: IT news from Asia)

Jessie Shen / DigiTimes: IT news from Asia
DDI supplier FocalTech swings to loss in 3Q22 – Display driver IC specialist FocalTech Systems swung to net loss of NT$2.77 billion (US$88.8 million) in the third quarter of 2022 from profits in the prior quarter and a year ago, as the fabless chipmaker suffered huge losses from inventory value depreciation. …

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