and climbing in two days since the launch event at Sep 25. The 16 GB RAM + 1 TB storage sell at RMB 12,999, or USD 1,778 at current exchange rate.

Mate 60 RS is the top end model, equivalent to iPhone 15 Pro Max. Currently 8 GB RAM + 1 TB storage at the price USD 1,599 in the US. At current exchange rate, this is RMB 11,688.

I heard iPhone 15 has the lowest price in China world wide. RMB 400 discount vouchers already given out before it goes on sale.

In other news, ASML EUV shipments is expected to drop by 30% due to lower demand. TSMC offer discount to their high end process, which is unprecedented, because customers have been cutting orders. Qualcomm in addition to layoff in San Diego office, recently began layoff to offices in Hsinchu TW, SH etc.

ASML EUV Shipments Can Drop By 30% In 2024 Due To Low 3nm Demand Warns Analyst

Ramish Zafar • Sep 27, 2023 01:39 PM EDT

Dutch firm ASML, which makes and sells the most advanced chip manufacturing equipment in the world, might see a large portion of its orders reduced next year, believes an analyst. ASML is the only company manufacturing chipmaking equipment that uses ultraviolet light to print billions of transistors on a tiny piece of silicon. Dubbed as EUV machines, these are among some of the most highly sought after industrial products in the world, and they are used by all of the world's leading chip manufacturers, such as the Taiwan Semiconductor Manufacturing Company (TSMC) and Intel Corporation.

Drop In Apple's Sales Can Cause ASML To See Up to 30% Drop In EUV Equipment Shipment Forecasts For 2024

Due to their nature, which can enable any chip making company to churn out the latest products, ASML's EUV machines are quite controversial as well. Their supply to China has been banned by the U.S. government due to worries of products made through them being used by the Chinese military against U.S. national security interests. At the same time, since ASML is the only company that makes them, the machines are booked months in advance since companies like Intel and TSMC often require large numbers to produce thousands of silicon wafers in a month.

According to analyst Ming-Chi Kuo who is known for his insight into Apple's supply chain, a drop in demand for Apple's 3-nanometer iPads and MacBooks, a drop in Qualcomm's orders for 3nm chips due to Huawei moving away from the company's products, lower demand for Samsung Foundry's 3GAP+ products and Inte's 20A products and a longer delay in memory manfuacturers' future expansion are also expected to contribute to a reduction in shipment forecasts for 2024.

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ASML EUV Shipments Can Drop By 30% In 2024 Due To Low 3nm Demand Warns Analyst