Most Read Articles – AR/VR, Accounting Errors, Smartphone Sales

What topics are covered this week? There’s the Next Best Things that didn’t quite happen, Ed confiding other indiscretions to his newspaper, Hynix under American pressure, Bill Jewell’s Semiconductor Intelligence forecasting a 6% drop in the semiconductors and accounting errors at Imagination…

5. AR/VR – The lost NBT [Mannerisms]
Like self-driving cars, the VR/AR revolution was the NBT that didn’t happen. According to Statista’s Advertising & Media Outlook, users of AR and VR devices are still sparse, with growth projections through 2027 nowhere near the scale that would make mixed reality “the next computing platform,” from less for now. Statista estimates that 74 million people will use VR hardware this year, with just under 10 million AR users worldwide.

4. Ed exploits vulnerability in Chinese chips [Mannerisms]
My friend at the Chinese Embassy contacted me sotto voce to see if I can help resolve the dilemma they find themselves in over the banning of US nationals and residents from working for Chinese chip companies, says Ed to his diary. My friend at the Chinese Embassy contacted me sotto voce to see if I can help resolve the dilemma they find themselves in over the banning of US nationals and residents from working for Chinese chip companies, says Ed to his diary. The premium the Chinese are paying per head of semiconductor engineers and executives who will work for them is huge, and I’m very tempted.


3. Hynix could withdraw from China
Hynix is ​​considering pulling out of China after U.S. restrictions made it difficult to continue operations there. “As a contingency plan, we are considering selling the factory, selling the equipment, or transferring the equipment to South Korea,” Hynix marketing manager Kevin Noh said earlier in the news. daytime. Two weeks ago, Hynix said it had received permission from the United States to use American technology to produce advanced memory in China for just one year. “We plan to extend it every year, but it’s not sure. It’s very uncertain,” Noh said.

2. Seedlings down 6% next year as PC and smartphone sales decline
Bill Jewell’s Semiconductor Intelligence predicts a 6% decline in the semiconductor industry next year, due to falling sales of PCs and smartphones. Q3 2022 data on PC and smartphone shipments show continued year-over-year decline: IDC estimates PC units in Q3 2022 were down 15% year over year previous year, which is consistent with Q2 2022 decline. IDC’s September forecast for PC units was a 12.8% decline for the full year 2022, which is in line with the latest quarterly data.

imagination headquarters1. Accounting errors at Imagination
As Imagination prepares for the IPO, it has admitted to multiple accounting errors. Errors described as “previous year errors” worth £8.7million have been found in Imagination’s 2020 accounts. The accounts also did not report a £711,000 executive stock bonus scheme launched in 2020 which gave executives shares of its Chinese owner. In an IPO of Imagination at a valuation of over $800 million, those shares would be paid for in full at the listing price. The accounts also recognized revenue and costs as occurring in the wrong period, which increased reported profits by £680,000 in 2020.

Amanda J. Marsh