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Monday 4 November 2024
SK Hynix reportedly plans independent HBM division by late 2024 for AI memory leadership
As artificial intelligence (AI) applications expand, the demand for high-bandwidth memory (HBM) has surged. South Korean memory maker SK Hynix is set to establish a dedicated HBM...
Friday 1 November 2024
Samsung MX reports 14.5% YoY decline in 3Q24 profits, eyes AI and new mobile phone form factors for future growth
Samsung Electronics (Samsung) has released its financial report for the third quarter of 2024, revealing a 14.5% year-over-year decline in operating profit for its Mobile Experience...
Friday 1 November 2024
LG's transformation pays off, delivering record-high 3Q24 results on 3 core pillars
LG Electronics' strategic transformation efforts are paying off, as evidenced by its record-breaking third quarter 2024 performance, driven by three core pillars: operational efficiency,...
Friday 1 November 2024
Packaging materials supplier CWE optimistic about future growth momentum
Chang Wah Electromaterials (CWE), a Taiwan-based semiconductor materials distributor, has reported revenue and profit margin increases for the third quarter of 2024, driven by stronger...
Friday 1 November 2024
LG aims to rank among top 3 in global medical monitor market within 5 years
LG Electronics is following Samsung's lead in pursuing the lucrative medical technology field as a key future revenue source. The company plans to develop its medical technology business,...
Friday 1 November 2024
Taiwan corporate R&D spending hits record NT$800 billion in 2023 despite slowdown
Taiwan's enterprises saw their combined annual R&D expenditures surpass NT$800 billion (approx. US$24.6 billion) for the first time in 2023, reaching NT$801.5 billion. This marked...
Friday 1 November 2024
Samsung leads in Indian smartphone shipment value, followed by Apple
India achieved its highest-ever quarterly smartphone shipment value, driven by a premiumization trend that favored Samsung and Apple. MediaTek dominated the premium mobile AP market,...
Friday 1 November 2024
AUO reports 10 consecutive quarters of losses, optimistic about growth in 2025
Panel manufacturer AUO has announced its tenth consecutive quarter of losses in the third quarter of 2024, despite revenue growth. The company maintains a negative forecast for the...
Friday 1 November 2024
BYD quarterly sales top Tesla for first time in 3Q24
BYD's quarterly sales have surpassed Tesla's for the first time in the third quarter of 2024, but ongoing fierce market competition in China's electric vehicle (EV) industry means...
Friday 1 November 2024
ASEH steps up advanced packaging capacity expansion
OSAT ASE Technology (ASEH) has stepped up its pace of capacity expansion for advanced packaging to meet demand for AI device applications, which it anticipates to be a continual growth...
Friday 1 November 2024
Microsoft and Alphabet report strong cloud earnings to ease AI monetization concerns
Cloud giants have recently released their latest financial results, with Alphabet and Microsoft reporting robust cloud performance, easing prior market concerns about the monetization...
Friday 1 November 2024
Apple reports results that meet expectations, but challenges in China loom
Apple's recent quarterly results met market expectations, though challenges in its China business and a significant profit decline signal potential headwinds ahead.
Friday 1 November 2024
Nvidia targets AI agents as the next growth frontier for enterprise adoption
The AI industry is experiencing sustained growth, with Nvidia CEO Jensen Huang highlighting key differences from the 2000 dot-com bubble, during which Cisco dominated the scene. This...
Friday 1 November 2024
Dixon to make notebooks for top vendors in India, becoming largest beneficiary of scrutiny against Chinese investments
Dixon Technologies, the largest India-based EMS/ODM, said it had bagged orders of four out of five top PC brands in India. The company is expanding its mobile phone manufacturing...
Thursday 31 October 2024
Meta earnings recap: 3Q24 revenue hits record US$40.6bn amid concern over slower user growth
Meta Platforms Inc. announced its third-quarter 2024 earnings on October 30, surpassing expectations due to robust ad revenue and AI advancements. As the largest social media company,...