RichWave sees growing momentum in Wi-Fi 7, but margin erosion persists

Jay Liu, Taipei; Jingyue Hsiao, DIGITIMES Asia Tuesday 5 November 2024 0

Credit: DIGITIMES

RichWave Technology reported a decline in revenue and gross margin. While Wi-Fi 7 is growing, the rapid decline of Wi-Fi 5 and price competition in the Chinese market are concerns. The company expects growth in mobile phone and networking equipment...

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