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NEWS TAGGED LOSS
Thursday 2 January 2025
Honda-Nissan merger bid to counter Chinese EV dominance
Honda and Nissan's ongoing merger negotiations are reportedly an attempt to counter the rising dominance of Chinese electric vehicle (EV) manufacturers. The Japanese automakers, prompted...
Thursday 2 January 2025
Alibaba to sell Sun Art to buyout firm DCP for US$1.6 billion
Alibaba Group agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online...
Friday 27 December 2024
China SiC capacity expansions continue despite mounting supply-chain losses
A prominent Chinese silicon carbide (SiC) manufacturer has filed for bankruptcy amid intense market competition, yet numerous competitors continue expanding production capacity despite...
Thursday 19 December 2024
China leads battery materials as South Korea's Posco Future M faces exit; Lotte eyes LFP mass production
China's battery materials sector is thriving, backed by government subsidies, low electricity costs, and cheaper labor, enabling aggressive investment. In contrast, South Korean firms,...
Friday 13 December 2024
Digital printing replaces traditional textile dyeing as Epson reshapes industry dynamics
The traditional textile industry is facing dual challenges: the loss of skilled artisanship and increasing pressure to adopt eco-friendly practices. Japan-based printer manufacturer...
Friday 29 November 2024
Xiaomi's financial strength positions it to disrupt China's fiercely competitive EV market
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with...
Monday 25 November 2024
GIS narrows losses, outlines Vietnam expansion and AR/VR ambitions
Touch panel maker GIS posted a net loss of NT$73.86 million (approx. US$2.28 million) for the first three quarters of 2024, a marked improvement from the NT$1.8 billion loss a year...
Thursday 21 November 2024
Rohm delays SiC plant amid EV slowdown
Rohm Semiconductor is grappling with a significant slowdown in the electric vehicle (EV) market, leading to reduced semiconductor demand and an unexpected financial loss.
Thursday 21 November 2024
Malaysia chip talent gap widens despite investment and training efforts
Malaysia's semiconductor industry is experiencing a significant talent drain despite substantial investments and training initiatives. The sector faces particular challenges in retaining...
Wednesday 20 November 2024
Xiaomi's EV push shines while challenges emerge
Xiaomi CEO Jun Lei recently announced the company's strongest-ever quarterly performance, a remarkable achievement given China's current economic climate. However, challenges are...
Wednesday 13 November 2024
Phison anticipates NAND tight supply in 2H25 as upstream manufacturers reduce production
Phison Electronics faced a 70% profit drop in the third quarter due to declining consumer demand and a substantial one-time loss. The company saw stable enterprise demands and a weak...
Monday 11 November 2024
Rohm anticipates first loss in 12 years due to weak EV and China demands
According to Nikkei, Rohm's performance for the first half of fiscal year 2024 (April to September 2024) has significantly underperformed expectations, resulting in a loss...
Wednesday 6 November 2024
Polarizer firms CMMT boosts high-value product deployment
Polarizer manufacturer Cheng Mei Materials Technology (CMMT) has stepped up its deployment in high-value product segments to alleviate the impact of oversupply in the LCD market which...
Monday 4 November 2024
Intel CEO slams federal delays in CHIPS Act funding, calls out media on 'irresponsible' takeover rumors
Following Intel's disappointing financial results, CEO Pat Gelsinger addressed Bloomberg and Yahoo Finance, openly criticizing the Biden administration for delays...
Monday 4 November 2024
Samsung faces unprecedented crisis as core businesses stagnate, talent exits
October 27 marked the second anniversary of Jae-yong Lee's tenure as Samsung Electronics' (Samsung) executive chairman. However, both Lee and Samsung are facing unprecedented chall...