Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses.
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...
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.
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...
Nuvoton Technology, which is focused on growing its automotive and industrial control businesses, reported an unusual quarterly loss in the second quarter of 2024.
Intel reported a US$1.6 billion net income loss in the second quarter, a significant decline compared with the US$1.48 billion in net income it recorded during the same period in...
Intel's recent announcement to cut 15% of its workforce (approximately 15,000 employees) and reduce capital expenditures to save US$10 billion may undermine its goal of reclaiming...
Backend house Powertech Technology (PTI), with its fan-out panel-level packaging (FOPLP) technology, is targeting AI SoC market potential, and expects AI-related revenue to account...
Japan's major semiconductor photoresist supplier, JSR, is set to expand into chip packaging and biotech materials with substantial capital support from the government-funded Japan...
Japan-based Sumitomo Chemical is refining its growth strategy by downsizing its LCD component business while expanding its semiconductor materials division.
US semiconductor manufacturer Coherent is facing the potential closure or sale of its 29,000-square-meter wafer fab in Newton Aycliffe, County Durham, UK.
The cutthroat price competition in China in the past year has pressured many local automakers, resulting in significant losses. Some companies might have accepted their falling EV...
Apple's supply chain experienced inventory adjustments in the market, with the launch of new products in 2024 driving the recovery of supply chain operations.
Intel has announced the appointment of Kevin O'Buckley as senior VP and GM of Foundry Services, the customer service and ecosystem operations division of Intel Foundry. O'Buckley...
