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Thursday 27 March 2025
AI, smart devices lift Goertek to CNY100B revenue milestone in 2024
Goertek, a leading Chinese supplier of precision components and smart hardware, bucked the downturn in the global consumer electronics market with a strong 2024 earnings report. Annual...
Wednesday 26 March 2025
India reportedly demands Samsung pay US$601 million in back taxes and penalties for tariff evasion
Reuters, citing a government order, reported that India required Samsung and seven of its executives to pay US$601 million in back taxes and penalties for allegedly evading...
Tuesday 25 March 2025
DIGITIMES exclusive: Asus recovers US$161.9M in bad debt from Indian client, continues to push AI server business
Asus recently announced the recognition of a NT$5.35 billion (approx. US$161.9 million) bad debt for the fourth quarter of 2024, stemming from delayed payments by an Indian client...
Tuesday 25 March 2025
AI or bust: China chip sector to stage comeback at SEMICON China
Artificial intelligence (AI) is now the primary growth driver for the global semiconductor industry. With AI-related demand expected to surge further in 2025, semiconductor equipment...
Tuesday 25 March 2025
BYD Electronics reports net profit of CNY4.27B in fiscal year 2024, up 5.55%
BYD Electronics reported its full-year financial results for 2024, with revenue rising 36.43% year-over-year to CNY177.306 billion (approx. US$24.45 billion). Gross profit increased...
Monday 24 March 2025
VS Industry reports quarterly revenue rise but six-month figures show concerning decline
VS Industry, a Malaysia-based EMS provider, reported a quarterly revenue increase alongside a rise in profit before tax from the previous quarter. However, a decline in six-month...
Friday 21 March 2025
Xiaomi's ambitious plans for 2025: Challenging Apple and Tesla
Xiaomi is undergoing a remarkable transformation, with 2025 set to be a pivotal year as it aims to challenge industry giants Apple and Tesla in both the smartphone and electric vehicle...
Thursday 20 March 2025
Tencent's measured AI path: Practical applications over Big Bang bets
Tencent revealed strong 2024 results, alongside a strategic AI focus. The company is pursuing a measured approach, prioritizing practical applications in ads, games, and cloud services,...
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery...
Tuesday 18 March 2025
Inductor maker Trio Technology rides AI boom to record profits
Trio Technology International Group is capitalizing on surging global AI demand, positioning for record revenue and profit in 2024 with strong growth projected for 2025. Chairman...
Tuesday 18 March 2025
Materials supplier Wah Lee upbeat about AI servers, automotive sensor applications
Materials and equipment supplier Wah Lee Industrial has reported an almost 20% growth in sales for 2024 and expects AI server and automotive sensor applications to drive its growth...
Monday 17 March 2025
InnoCare forecasts revenue share surge from IGZO panels in 2025
InnoCare Optoelectronics anticipates strong shipment growth for IGZO (Indium Gallium Zinc Oxide) panel products in 2025, driven by increasing adoption in dental and surgical equipment,...
Friday 14 March 2025
Foxconn smashes profit targets with cloud networking surge
Driven by strong cloud networking products, Foxconn (Hon Hai) Technologies anticipates solid revenue growth in 2024, with profit performance surpassing that of 2023.
Friday 14 March 2025
AI server boom in US and China propels Chenbro Micom's 2025 growth trajectory
Chenbro Micom expects significant revenue and profit growth in early 2025, fueled by strong AI server demand in the US and China. CEO Corona Chen is optimistic that full-year results...
Friday 14 March 2025
Winmate optimistic about growth in 2025, does not rule out further acquisitions
Winmate's chairman, Ken Lu, has expressed optimism about the company's prospects for 2025, citing consistent order growth across multiple sectors, including vehicle inspection, defense,...