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NEWS TAGGED 1Q24
Tuesday 30 April 2024
Samsung sees memory biz return to profit, upbeat about foundry sales
Samsung Electronics has reported operating profits of KRW6.61 trillion (US$4.78 billion) on consolidated revenue of KRW71.92 trillion for the first quarter of 2024. Revenue was primarily...
Tuesday 30 April 2024
Meta's 1Q24 revenue soars, AI and metaverse spending surge sparks market worries
Meta has rebounded from the negative growth in 2022.
Tuesday 30 April 2024
Hyundai, Kia report record-high 1Q24 revenue under EV headwind
Hyundai Motor and Kia achieved outstanding financial performance in the first quarter of 2024 while facing challenges such as soft battery EV growth, high interest rates, and geopolitics...
Monday 29 April 2024
MediaTek's 1Q24 revenue and earnings rise, full-year visibility improves
MediaTek has presented its detailed first-quarter financial report. The fabless chipmaker's gross profit margin was significantly higher than the average level thanks to strong customer...
Friday 26 April 2024
LMOC incurred net loss in 1Q24 despite SiPh shipment reaching record high
Despite Silicon Photonics (SiPh) shipments reaching a record high, LandMark Optoelectronics Corporation (LMOC) incurred a net loss of NT$47 million in the first quarter of 2024, marking...
Thursday 25 April 2024
UMC sees 1Q24 results meet guidance
Pure-play foundry United Microelectronics (UMC) saw its first-quarter wafer shipments and ASPs come in line with previously announced estimates, with wafer shipments up 4.5% quarter...
Wednesday 24 April 2024
Taiwan handset unit sales increase in 1Q24
Handset unit sales in Taiwan increased nearly 4% from a year earlier to 1.23 million units in the first quarter of 2024, when Android smartphone manufacturers experienced market share...
Wednesday 24 April 2024
After low point in 1Q24, CWTC eyes return to growth for remainder of 2024
Chang Wah Technology (CWTC), a major supplier of IC lead frames, held its earnings call on April 23 in conjunction with its parent company Chang Wah Electromaterials (CWE), during...
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Thursday 18 April 2024
ASML enters transition year with declining performance across the board
ASML recorded a declining performance in the first quarter of 2024 and expects a better performance in the second half of the year. ASML saw strong sales from memory manufacturers...
Wednesday 17 April 2024
China saw growing production in ICs and semiconductor equipment in 1Q24
China's production of ICs and semiconductor equipment continued to grow in the first quarter of 2024, fueled by the recovery in the economy and efforts to achieve self-reliance despite...
Monday 15 April 2024
Global PC market saw recovery in 1Q24, but AI PC impact yet to materialize
After nearly two years of decline, the global PC market finally saw growth in the first quarter of 2024, with shipments also returning to pre-pandemic levels. However, the much-anticipated...
Friday 12 April 2024
Key takeaways from Largan's 1Q24 earnings call
Largan Precision, one of the largest Taiwan-based makers of smartphone lens modules, held its quarterly earnings call on April 11.
Friday 12 April 2024
MediaTek posts over 30% revenue surge in March
IC design house MediaTek saw its March revenue rise to an 18-month high, pushing total revenue for the first quarter of 2024 above the upper end of its projected range.
Thursday 11 April 2024
AUO, Innolux see 1Q24 panel shipments exceed forecasts; Small and medium-sized panel makers see decline
Following significant panel production control in February, the ongoing pull-in demand from brand clients led to an increase in utilization rates, shipment volumes, and shipment area...