[Epoch Times News on January 9, 2022](Reported by Epoch Times reporter Zhang Yuanzhang)HuaweiContinued to be sanctioned by U.S. technology, the media recently disclosed that Huawei’sHiSiliconSemiconductor’s shipments of mobile application processors plummeted 96% in the third quarter of last year, showingHuaweiThe performance of the mobile phone supply chain is not as good as before. Now there are media reports that Dongmu, the hinge supplier of Huawei’s folding screen mobile phone, will have its net profit in 2021 reduced by 66% to 100% compared to the year.
According to comprehensive media reports, Dongmu has become the largest supplier of metal injection molded parts (MIM) for Huawei’s mobile phone through the acquisition of Dongguan Huajing and Fuchi Hi-Tech. It is also the core supplier of Huawei’s second folding screen mobile phone Mate Xs hinge.
However, Dongmu continues to be affected by factors such as the industry’s lack of chips, and its performance in 2021 will drop sharply, and its net profit will drop by 66% to 100% compared with the previous year.
The report pointed out that due to changes in the international political and economic situation and chip shortages, Shanghai Fuchi experienced a decline in orders and project suspension, and the business situation has not been substantially improved, which will affect future profits and Dongmu at the same time. It is understood that Dongmu intends to merge Shanghai Fuchi and Dongguan Huajing, and at the same time conduct goodwill impairment, and allocate 65 million to 85 million yuan in goodwill impairment reserves.
A few days ago, Strategy Analytics, a market research organization, released a report that pointed out that Huawei’s IC design companyHiSiliconDue to the inability to provide high-end chips, smartphone application processor shipments plummeted 96% in the third quarter of 2021.
Editor in charge: Yuzhen
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