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By Jess Jones Silicon manufacturer Alphawave Semi has said that licensing fees for its semiconductor technology rose to $154m (£124.6m) in 2023, marking a 222 per cent year on year increase as demand continues to bubble up. But in the first quarter of 2024, also reported today, the Canadian computer chip-designer said royalties dropped 75 per cent year on year to $9m (£7.3m), reflecting its “accelerated transition away from China.“ Total revenue for the full year reached $322m (£260.5m), up 74 per cent from 2022, as new bookings soared. But Alphawave posted an operating loss of $19m (£15m) in …

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