Niche memory price rally lifts Ingenic's third-quarter profit 2,595%

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 29 Oct, 02:11 UTC

The global memory shortage is no longer lifting only the commodity DRAM giants. Ingenic Semiconductor, a Beijing-based fabless chip designer whose memory chips go mainly into cars, factory equipment, medical devices, and networking gear rather than smartphones and PCs, reported third-quarter net…