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NEWS TAGGED 2024
Friday 15 November 2024
Power device firm Panjit eyeing bigger presence in Europe
Panjit International, a Taiwanese MOSFET and silicon carbide (SiC) diode supplier, is working to expand its footprint in Europe with its offerings for automotive, electric vehicle...
Friday 15 November 2024
Ledtech expands low-temperature lighting market share by entering low-carbon lighting sector
LED manufacturer Ledtech turned a profit in the first three quarters of 2024, following a reorganization of its business and marketing operations earlier in the year. The company...
Friday 15 November 2024
Walmart's ESL rollout gains momentum as E Ink eyes 2025 surge with Trump's return
With retailers increasingly embracing smart retail solutions, major players are accelerating their adoption of electronic shelf labels (ESL). Walmart launched a significant push to...
Friday 15 November 2024
Taiwan's 2024 TAcc+ initiative invites global satellite manufacturing startups to connect with Taiwan's supply chain ecosystem
Space exploration has long been a driver of innovation and a symbol of national prestige, and Taiwan is positioning itself as a key supply chain player in the global space industry...
Friday 15 November 2024
IntelliEPI eyes return to sales growth in 4Q24
Epitaxial wafer supplier Intelligent Epitaxy Technology (IntelliEPI), which saw its third-quarter revenue decrease 4.5% sequentially, anticipates a return to sales growth in the fourth...
Friday 15 November 2024
Foxconn sees growth in 4Q24, optimistic about 2025
Hon Hai (Foxconn) achieved record-breaking revenue of NT$1.85 trillion (US$56.77 billion) in the third quarter of 2024, while revenue for the first three quarters reached NT$4.7 trillion...
Friday 15 November 2024
Adata continues dumping inventories until year-end
Memory module manufacturer Adata Technology anticipates memory contract prices will stay stable or see slight declines in the fourth quarter of 2024, with the company continuing to...
Friday 15 November 2024
Foxconn expects AI servers to account for over 50% of server revenue in 2025, but EV targets might be delayed
Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young Liu highlighted record-breaking cumulative revenue, gross...
Friday 15 November 2024
Global PMX presses forward with Mexico expansion, defying industry caution amid EV transition
Global PMX, an automotive component manufacturer, is strengthening investments in Mexico, despite cautious sentiment across the auto and ICT sectors since President-Elect Trump's...
Friday 15 November 2024
Xiaomi's smart factory claims to reach 100,000-unit production milestone in record time
In a milestone achievement for Xiaomi's automotive division, the company's 100,000th SU7 electric vehicle rolled off the production line on November 13. CEO Jun Lei commemorated the...
Thursday 14 November 2024
Sumco expects declining profit in wafer sales in 2024
Japanese silicon wafer manufacturer Sumco has noted the robust demand for AI. However, demand for personal computers and smartphones has bottomed out, and the consumer, industrial,...
Thursday 14 November 2024
Three Chinese solar firms accused of US$2.64 billion tax dodge in India
Three Chinese solar companies were found to have evaded taxes on approximately INR220 billion (US$2.64 billion) of profits earned from INR450 billion worth of solar product sales...
Thursday 14 November 2024
AOpen gains record profits in 3Q24
Acer subsidiary AOpen achieved its highest profits in 22 years during the third quarter of 2024. The company attributes this growth to long-term efforts in various markets and customer...
Thursday 14 November 2024
Unisoc accelerates IPO timeline with solid shareholder lineup and AI focus
Unisoc, having achieved annual revenues above CNY10 billion (approx. US$1.38 billion) for two successive years from 2022 to 2023, is preparing to expedite its initial public offering...
Thursday 14 November 2024
Chairman of top Chinese OSAT 'JCET' resigns after state-owned company becomes largest shareholder
JCET Group, China's top semiconductor packaging and testing firm, announced on November 13, 2024, that chairman Yonggang Gao, along with directors Peng Jin and Chunsheng Zhang, have...