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NEWS TAGGED 2023
Wednesday 14 August 2024
Japanese wafer majors report falling sales amid slow chip recovery
Shin-Etsu Chemical and Sumco, which account for approximately 50% of the global wafer market, have both reported a decline in demand for the April-June 2024 quarter compared to the...
Wednesday 14 August 2024
Utechzone reports surging profit as foray into advanced packaging pays off
Taiwan-based chip inspection supplier Utechzone has reported substantial growth in earnings, thanks to its successful expansion into the advanced packaging equipment market. The company's...
Tuesday 13 August 2024
SAI's luxury car wheel sales surge as secondary aluminum enters Rolls-Royce supply chain
Superalloy (SAI), the leading global automotive wheel rim manufacturer, has announced strong operational results for the second quarter and first half of 2024 following a board mee...
Monday 12 August 2024
TSMC targets CoWoS expansion with potential purchase of Innolux plant
At the close of 2023, Innolux shuttered its 5.5-generation LCD panel facility. Reports suggest that potential buyers for this plant include Micron and TSMC. Recently, TSMC has reportedly...
Monday 12 August 2024
TSMC leads as SMIC struggles with government dependency
The semiconductor foundry industry's first-half results and second-half outlook reveal a growing divide between the dominant players and those struggling to keep up. As expected,...
Friday 9 August 2024
TSMC shatters records with July surge fueled by Apple, Intel, and Nvidia orders
TSMC demonstrated strong growth momentum in July 2024 amidst the slow recovery of the semiconductor market.
Friday 9 August 2024
Consumer electronics peak season boosts AmTRAN's 3Q performance outlook
Driven by higher consumer electronics demand and foreign exchange gains, AmTRAN achieved profitability for the fourth quarter. The company anticipates continued growth due to rising...
Friday 9 August 2024
Qisda's forecasts revenue growth as inventory adjustments gradually stabilize
At Qisda's earnings call on August 7, Chairman and CEO Peter Chen announced that the company expects revenue and profits to rise quarterly in 2024. While the first half of the year...
Friday 9 August 2024
Adata optimistic about 2H24 prospects
Memory module house Adata Technology has expressed optimism about its operations in the second half of this year, citing bullish contract prices for memory chips.
Friday 9 August 2024
Chinese automotive SoC developers file for IPO in Hong Kong
Black Sesame Technologies and Horizon Robotics, two China-based developers of smart driving chips, have recently filed for IPO on the Hong Kong Stock Exchange.
Thursday 8 August 2024
Console conundrum: Nintendo, Sony face regulatory roadblocks in China's lucrative gaming market
China's gaming market, valued at CNY302.96 billion (US$41.8 billion) in 2023, presents a lucrative opportunity that major Japanese game companies like Nintendo and Sony are eager...
Thursday 8 August 2024
Global semiconductor sales show strong growth in 2Q24, says SIA
The global semiconductor industry's sales totaled US$149.9 billion in the second quarter of 2024, according to the most recent data compiled by the Semiconductor Industry Association...
Wednesday 7 August 2024
Intel's telecommunications division likely to face brunt of Intel's massive cost-cutting
Intel recently released a disappointing earnings report, revealing declines in both revenue and operating margin. The company announced comprehensive cost-cutting plans, including...
Wednesday 7 August 2024
Honor's IPO faces market hurdles amid Huawei's resurgence
Honor, once a reportedly discarded asset after its separation from Huawei, has defied expectations by carving out a strong position in the mid-to-high-end smartphone market. While...
Wednesday 7 August 2024
GlobalWafers cuts 2024 revenue outlook to high-single-digit drop
Silicon wafer company GlobalWafers has revised its revenue growth projection for 2024 to a decline in the high single digits. The revision was downgraded for the second time this...