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Thursday 31 October 2024
GF aims to revitalize foundry business in China with team expansion planned for 2025
GlobalFoundries (GF) is looking to revitalize its operations in China. K.C. Ang, who became GF's president for Asia and chairman for China earlier this year, recently said at an annual...
Thursday 31 October 2024
Samsung breaks record in sales in 3Q24, memory business still falls short
Samsung Electronics achieved a historic high in revenue for the third quarter of 2024. Yet, overall operating profit fell short of market expectations, primarily due to one-time expenses...
Thursday 31 October 2024
Alphabet's AI investments accelerate GCP growth in 3Q24
Alphabet released its financial results for the third quarter of 2024 on October 29, showing accelerated growth in Google Cloud, indicating that the company's long-term investment...
Thursday 31 October 2024
AI data centers to drive 2025 growth, says Delta
"AI will continue to drive growth for the company in 2025", says Ping Cheng, the chairman and CEO of leading power supply specialist Delta Electronics. His optimism followed the generative...
Thursday 31 October 2024
Second place foundry stakes: Samsung and Intel seek strategic overhaul under TSMC's shadow
Regardless of Samsung and Intel's third-quarter earnings, the real story isn't in comparing them to TSMC. What's critical now is each company's internal recalibration and its leadership's...
Thursday 31 October 2024
Former Samsung talent flock back to SK Hynix amidst shattering profit records
SK Hynix has demonstrated impressive performance, attracting former employees who had moved to Samsung Electronics (Samsung) back to its ranks. South Korean media analysis indicates...
Thursday 31 October 2024
Microsoft reports strong cloud-driven results, aggressively acquiring Blackwell chips to stay ahead
Microsoft reported robust financial results for the first quarter of fiscal year 2025, with revenue reaching US$65.59 billion, primarily driven by its cloud business. Azure demonstrated...
Wednesday 30 October 2024
CIS packaging firm Tong Hsing projects seasonal decline in 4Q24, cautious growth outlook for 2025
The semiconductor packaging specialist and Yaego Group affiliate Tong Hsing Electronics reported that seasonal patterns in 2024 have differed from previous years, with revenue remaining...
Wednesday 30 October 2024
Yageo sees demand growth for AI, challenges for industrial control devices
Yageo, a maker of passive components, remains optimistic about AI demand but expresses caution regarding the demand for industrial control applications. The company anticipates a...
Wednesday 30 October 2024
Innolux adapts production with 'trade-in' policy amid weaker demand
Display panel leader Innolux posted an operating loss in the third quarter of 2024, though the company managed to stay profitable after taxes. Looking ahead to the fourth quarter,...
Tuesday 29 October 2024
What is the real meaning of "free" and what is the benefit for companies and users?
In the modern world of business, particularly those now operating in online, digitized environments, the word "free" can have multiple definitions depending on the context in which...
Tuesday 29 October 2024
HTC reports 26th consecutive loss, eyes new investment turnaround
On October 28, HTC reported its financial results for the third quarter of 2024, highlighting ongoing challenges despite years of investment in AR, VR, and XR technology. Although...
Monday 28 October 2024
US Election final countdown: Trump blasts Taiwan and the CHIPS Act, proposes more tariffs
As the final countdown of the US election begins, Donald Trump has once again reiterated his criticism against Taiwan, suggesting it stole America's chip business and must be willing...
Monday 28 October 2024
SK Group's personnel shake-up tips the first domino; accelerates restructuring across South Korean conglomerates
SK Group has reportedly decided to cut approximately 20% of its senior management across affiliated companies, undergoing organizational restructuring at SK Ecoplant. Large South...
Monday 28 October 2024
Tesla shifts focus back to EVs with strong Q324 earnings beat
Tesla's Robotaxi launch failed to excite the market, but its third-quarter 2024 earnings brought attention back to its core EV business, beating expectations with strong deliveries...