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Friday 15 November 2024
Topco Scientific on track to meet 2024 revenue targets
Topco Scientific, a Taiwan-based semiconductor materials supplier, remains confident in achieving its 2024 revenue targets, bolstered by increasing demand from China's foundry sect...
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
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
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
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...
Friday 15 November 2024
South Korean upstream suppliers power AI memory supply chain for Nvidia, SK Hynix
South Korea's thriving AI industry has catalyzed growth across its materials, components, and equipment sectors, particularly within the AI memory supply chain. South Korean manufacturer...
Thursday 14 November 2024
ASML maintains bullish 2030 outlook on AI-driven demand
ASML Holding NV, the Dutch maker of advanced chip-making machines that are critical to global supply chains, reaffirmed its long-term revenue outlook as it bets on an artificial intelligence-driven...
Thursday 14 November 2024
AMD cutting about 4% of workforce to focus resources on AI push
Advanced Micro Devices (AMD) is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips.
Thursday 14 November 2024
Kaori forms thermal tech subsidiary to capture AI cooling demand
Kaori Heat Treatment Co. approved the formation of a wholly-owned subsidiary focused on thermal solutions at an extraordinary shareholders' meeting on November 12, transferring its...
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
Taiwan IC design houses pursue growth opportunities in challenging auto sector
Leading integrated device manufacturers (IDMs) have expressed concerns about the automotive semiconductor market outlook for 2025. Despite these challenges, Taiwan-based IC design...
Thursday 14 November 2024
Zhen Ding targets 70% revenue from AI applications by 2025, expands across four key sectors
Zhen Ding Technology (ZDT), a leading PCB manufacturer, reported record third-quarter revenue across key sectors, forecasts continued growth in the fourth quarter, and targets significant...
Thursday 14 November 2024
Sixxon Tech rides AI wave, targeting strong growth in thermal, chips, and optical comm. applications for 2025
Sixxon Tech, a specialized supplier of precision metal parts, anticipates robust growth in thermal management, semiconductor, and optical communication sectors in 2025. The company...
Thursday 14 November 2024
G-Shank's non-3C revenue surges, AI applications to lead 2025 growth
Taiwan's leading precision metal stamping specialist, G-Shank Enterprise, reported that revenue from non-3C applications—such as automotive, medical, and industrial sectors—grew...