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Friday 13 June 2025
VS Industry reports sales decline in 3Q25 amid profit pressure
On June 11, 2025, VS Industry announced its financial results for the third quarter of fiscal 2025, reporting sales of MYR909.4 million (US$214.87 million), down 10% year-over-year...
Thursday 12 June 2025
Taiwan's Laster Tech eyes H2 boost from China's auto stimulus, Tesla Model Y deliveries
Laster Tech, a Taiwanese maker of LED automotive lighting modules, reported consolidated revenue of NT$751 million (US$23 million) in May 2025, down 7.16% from April and 12.28% from...
Monday 9 June 2025
Intel to enforce 50% gross margin rule, may halt low-profit projects
Intel is implementing a stricter profit policy as part of efforts to regain financial stability after years of declining margins. At the Bank of America Global Technology Conference,...
Friday 6 June 2025
Broadcom reports strong earnings growth on robust AI-driven demand and VMWare boost
Broadcom reported a 20.2% year-over-year revenue jump to a record US$15 billion in the second quarter of fiscal 2025, driven by surging demand for AI chips and strong contributions...
Friday 6 June 2025
Chinese automakers slash prices as profit margins sink below that of bubble tea chains
China's automotive sector has descended into a brutal price war as the industry enters its traditional slow season, with more than 70 models from manufacturers including BYD, Geely,...
Wednesday 4 June 2025
Xiaomi sees EVs break-even in 2H25 after the launch of YU7
Chinese electronics giant Xiaomi is projecting a turnaround in its electric vehicle (EV) division, with profitability expected as early as the second half of 2025, CEO Lei Jun told...
Tuesday 3 June 2025
Huawei defies US sanctions with record revenue and R&D transformation
Huawei posted its second-highest revenue on record as the Chinese telecommunications giant demonstrates resilience despite years of US trade restrictions that have reshaped its business...
Tuesday 3 June 2025
Taiwan's EZconn secures major US data center contract, eyes expansion in ASEAN
Taiwan-based optical communications manufacturer EZconn is poised to leverage the global rise in artificial intelligence and continued US infrastructure spending to drive growth across...
Thursday 29 May 2025
Hiwin eyes steady gains in 2025 with strategic focus on AI robotics, green tech, mechatronics integration
Hiwin Technologies, a leading manufacturer of motion control components, remains optimistic about its business outlook for 2025. Chairman Wen-heng Cho expressed confidence that the...
Wednesday 28 May 2025
Xiaomi profit surges 161% in 1Q25 on strong EV and IoT sales
Xiaomi posted strong first-quarter 2025 results, with net profit jumping 161.2% year-over-year to CNY10.92 billion (approx. US$1.52 billion), driven by booming EV and IoT sales. Revenue...
Tuesday 27 May 2025
Kian Shen eyes recovery in 2025 despite 2024 profit dip amid EV transition
Kian Shen Corporation, a subsidiary of Yulon Motor Group, approved its 2024 financial statements at a recent shareholders' meeting, with chairman Tung-Tai Hsiung and president Chiung-Chih...
Tuesday 27 May 2025
AI chips and CoWoS orders keep HPI’s outlook running hot
Hon. Precision (HPI), a leading IC test equipment manufacturer, is benefiting from robust AI chip demand. In the first quarter of 2025, its after-tax net profit surged to NT$2.568...
Friday 23 May 2025
Foxtron charts five-year path to profit with global EV, CDMS rollout
Foxtron Inc., the electric vehicle (EV) joint venture between Foxconn and Yulon, held its annual general meeting on May 23, led by Chairman Young Liu. Liu emphasized that Foxtron's...
Friday 23 May 2025
LG Electronics India posts record revenue and net profit in 1Q25
LG Electronics' Indian subsidiary reached record revenue and net profit in early 2025, strengthening its position in the South Asian market and enhancing prospects for a potential...
Wednesday 21 May 2025
Hushan Autoparts hits record highs in 1Q25 revenue
Hushan Autoparts posted NT$423 million (US$14 million) in consolidated revenue for the first quarter of 2025, marking a new record high in quarterly revenue for the company. The 47%...