Loongson Zhongke chip sales increased significantly

Loongson Technology said that due to the effective consumption of the inventory of complete machine manufacturers and channels in 2023, especially in the fourth quarter, the total shipments of Loongson 3A5000 and 3A6000 in the first quarter of 2024 have reached the full-year level of 2023. It is expected that the updated understanding of the degree of autonomy and control by policy market customers will have a positive impact on the company's chip sales.