arcadegeddon| Zheng Hongmeng, chairman of Nokia's report of cutting orders, responded: It's not a fact, it's a fabrication

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21st Century Economic report reporter Yang Ping reporting from Shenzhen

Recently, there are rumors that Nokia, the world's second-largest telecom equipment maker, has reduced its geopolitical risks.ArcadegeddonReceived orders from long-term supplier USI.

On April 22, Zheng Hongmeng, chairman of the Industrial Federation, responded to the 21st Century Economic report: "this is not true, and we have not heard of it." Our cooperation with our customers is normal and fabricated. "

The prospectus previously disclosed by USI shows that Nokia is one of its important customers.

In 2023, although the operating income of USI declined, its performance reached an all-time high. The company achieved revenue of 4763.Arcadegeddon40 million yuan, down 6% from the same period last yearArcadegeddon.94%; the net profit was 21.04 billion yuan, an increase of 4.8% over the same period last year; the non-net profit was 20.21 billion yuan, an increase of 9.8% over the same period last year. At the same time, the company's gross profit margin exceeded 8% for the first time, the highest since its listing.

In terms of business segment, the company's performance accounted for a relatively large sector-communications and mobile network equipment business declined year on year, with revenue of 278.976 billion yuan in 2023, down 5.81%. The company distributes high-speed switches and routers, terminal precision structures and 5G products in this field.

The revenue of the cloud computing sector reached 194.308 billion yuan in 2023, down 8.54% from the same period last year and accounting for more than 40% of the total revenue. Among them, the business of cloud service providers continues to improve, accounting for nearly 50% of cloud computing revenue, while the AI server business, which is concerned by the industry, accounts for about 30% of cloud computing revenue.

In the fourth quarter of last year, USI said it had won its first order for Nvidia's HGX (high-performance computing and artificial intelligence accelerator platform, mainly used in data centers) AI server chip substrates, coupled with long-won orders for DGX (large memory AI supercomputers) AI server chip substrates, has become the largest supplier of Nvidia AI server chip substrates, accounting for more than 50 per cent of the market.