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Wednesday 9 October 2024
APCB to cease production in Taiwan; expected to retain 70% of its revenue in 2025
APCB, a PCB manufacturer, has announced plans to close its Taiwan facility and transfer production to its Chinese operations. The decision comes in response to ongoing financial losses...
Wednesday 2 October 2024
LGD faces 3Q24 losses, but eyes turnaround in 4Q with OLED shipments for iPhone 16 series
LG Display (LGD) is expected to report losses in the third quarter of 2024, driven by sluggish IT OLED sales, rising raw material costs, and the depreciation of the Korean won against...
Thursday 26 September 2024
Tongfu Microelectronics and Tianshui Huatian invest in advanced packaging in China
Tongfu Microelectronics and Tianshui Huatian, two major ATMP/OSAT providers in China, have announced fresh investments in their advanced packaging businesses.
Monday 23 September 2024
Intel spins off IFS as subsidiary to enhance financial transparency, secure funding
In February 2024, Intel began independently reporting revenue and profit data for Intel Foundry Services (IFS), distinguishing it from the main product division. This strategic move...
Monday 16 September 2024
AirPods Pro receives FDA approval; officially recognized as hearing aid
Recently, Apple announced that future AirPods products will be equipped with hearing aid features, and the US Food and Drug Administration (FDA) approved Apple's application on September...
Monday 9 September 2024
Joinsoon Electronics accelerates Thailand expansion, targets 50:50 production split with China by 2025
To address evolving market and customer demands, Joinsoon Electronics Manufacturing Co Ltd is expediting its capacity transfer. The phase-two expansion at its Thailand facility has...
Friday 6 September 2024
China-based GaN leader Innoscience slashes prices, other players take action
In the past six months, China's leading GaN compound semiconductor firm Innoscience has faced patent infringement lawsuits in Germany and the US, from power component manufacturers...
Monday 2 September 2024
Huawei sells new AITO M7 Pro at a loss using different strategy from Xiaomi
HIMA unveiled car models from its subsidiaries AITO, Luxeed, Stelato, and Maextro at a product launch on August 26.
Friday 30 August 2024
Xiaomi reports strong 2Q24 results, aims to meet EV delivery target by year-end
Xiaomi released its financial report on August 21, which announced a revenue of CNY$88.9 billion (US$12 billion) with an annual increase of 32%. This quarterly statement has been...
Wednesday 28 August 2024
Apple's 2H24 production ramp-up gradually resumes as touchscreen supply chain stabilizes
Affected by market destocking adjustments, Apple's operations continue to show lackluster performance as the peak season for 2024 is delayed. Recently, the supply chain has reported...
Friday 23 August 2024
Network solutions to drive growth for IT equipment maker Hauman in 2024
Taiwanese IT and semiconductor equipment maker Hauman Technologies expects record revenue from its IT network division in 2024, driven by increasing demand for digital transformation...
Thursday 15 August 2024
Ola Electric reports wider loss after IPO debut
Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses.
Tuesday 13 August 2024
Intel faces mounting challenges under Gelsinger
Since taking the helm in February 2021, Intel CEO Pat Gelsinger has grappled with mounting losses at the company's foundry division. A critical challenge is establishing Intel Foundry...
Tuesday 13 August 2024
Taiwan display panel makers post mixed July results
Taiwan-based panel makers AU Optronics (AUO) and Innolux both saw revenues fall in July, while HannStar Display and Giantplus Technology reported strong rebounds for the month.
Friday 9 August 2024
TASC seeking new SiC manufacturing site
Taiwan-Asia Semiconductor Corporation (TASC) is actively boosting its silicon carbide (SiC) production capacity and is currently in talks to select a location for a new factory. If...