Telechips sales increased by 27%

Telechips has published its interim financial results for the last year, with sales increasing by 27% over the previous year, and operating and net profits increasing by 83% and 36% respectively over the same period. The growth of the in-vehicle infotainment (IVI) market last year led to an increase in semiconductor supplies to domestic and foreign automotive and military vehicle manufacturers, which in turn drove our financial results. In particular, sales of semiconductor products for new applications such as head-up displays, instrumentation, and cockpit digitalization increased by 120% over the previous year. At the same time, Telechips continued its growth trajectory in the nuclear AVN semiconductor business, with revenue increasing by 26% over the same period.