China Technology: Implications of Texas Instruments 3Q23: weaker industrial, destocking and slower China recovery re Fixed Income Daily Market Update Aion’s turning profitable as a positive catalyst Value is distressed but end demand is key China Technology: Implications of UMC 3Q23: inventory correction,UTR/margin under pressure, PC&smartphone rush order Strong 4Q23 sales mixed with rising competition 3Q23 earnings a strong beat 3Q rev/np -4.6%/+4.7%; above market expectation Implications of Intel 3Q23: PC recovery, server destocking progress and new platform launches A one-stop auto service ecosystem