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NEWS TAGGED 3Q24
Friday 1 November 2024
Intel posts deepening loss due to restruction, but analysts eye potential turnaround
Intel reported deepening losses amid ongoing restructuring efforts, with Intel Foundry incurring an operating loss of US$5.8 billion. However, the results exceeded analyst expectations,...
Tuesday 29 October 2024
Onsemi reports steady 3Q24 results amid cooling markets, cautious for 2024 and 2025
On Semiconductor's (Onsemi) latest financial results met expectations despite challenging market conditions. The company also offered a cautious outlook for 2024 and 2025.
Thursday 24 October 2024
SK Hynix announces 3Q24 financial results
SK Hynix announced today that it recorded KRW17.5731 trillion (approx. US$12.7458 billion) in revenues, KRW7.03 trillion in operating profit (with an operating margin of 40%), and...
Friday 18 October 2024
ASML's 3Q24 report reveals diverging paths in wafer manufacturing
Since ASML reported a slowdown in semiconductor manufacturing equipment orders, over EUR 60 billion (US$65.3 billion) of the firm's market value has evaporated, prompting the market...
Thursday 17 October 2024
TSMC expects 13% revenue growth in 4Q24
TSMC has disclosed that its third-quarter revenue and margins surpassed the guidance it provided three months ago. The pure-play foundry anticipates a 13% sequential increase in revenue...
Monday 14 October 2024
Panel industry in 3Q24 underperforms as AUO and Innolux face challenges
In the third quarter of 2024, although both leading companies in the panel industry- AUO and Innolux- admitted an underperformance in the third quarter, the scopes of their revenues...
Wednesday 9 October 2024
Realtek posts flat revenue growth in 3Q24
IC design house Realtek Semiconductor has reported almost flat sequential revenue growth in the third quarter of 2024, with network IC shipment growth outpacing that of PC peripheral...
Tuesday 8 October 2024
UMC sees 3Q24 revenue hit 7-quarter high
Pure-play foundry United Microelectronics (UMC) saw its third-quarter revenue climb to a 7-quarter high, thanks to consistent growth in mature process utilization.
Tuesday 10 September 2024
TSMC on track for 3Q24 sales forecast
TSMC reported that August revenue decreased by 2.4% sequentially, but increased by 33% year-on-year. This would allow the pure-play foundry to meet its sales forecast for the third...
Friday 6 September 2024
Foxconn expects revenue growth in 3Q24
Hon Hai Technology Group (Foxconn) has disclosed that its revenue decreased sequentially by 4.2% in August. However, the company remains optimistic that its revenue will increase...
Monday 2 September 2024
Peak season fails to boost 3Q24 memory spot pricing
Even though the third quarter is the traditional peak season for consumer electronics and other end-market applications, DRAM and NAND flash memory spot prices have decreased almost...
Wednesday 21 August 2024
WPG expects sales to peak in 3Q24
IC distributor WPG posted strong revenue figures for the second quarter of 2024, with vice president Scott Lin expecting the third quarter to be the peak of the year in terms of both...
Wednesday 14 August 2024
Automotive chips experience demand slump
The automotive chip market has been in the doldrums of late, with major European and American IDMs and Taiwanese IC design firms alike anticipating a gloomy forecast for the third...
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...
Wednesday 7 August 2024
PMIC firm uPI expects flat to slight growth in 3Q24
Power management IC maker uPI Semiconductor expects the back-to-school season to drive computing-related demand in the third quarter of 2024, according to CEO Daniel Huang, but overall...