Despite the macroeconomic and industrial headwinds, including foreign exchange fluctuations, Apple's financial performance for the past quarter was still in line with expectations.

MediaTek has cut its global smartphone shipment forecast for 2023 to 1.1 billion units from 1.4 billion units, due to a longer replacement cycle.

Despite macroeconomic uncertainties, Onsemi posted better-than-expected financial results in the latest quarter, as the company eyes automotive and industrial markets to fuel its...