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Wednesday 31 July 2024
GaAs foundry Win Semi expects revenue to drop in 3Q24
Win Semiconductors (WinSemi) expects to post a single-digit sequential revenue decrease in the third quarter of 2024, due to slowing demand from China's Android smartphone market.
Wednesday 31 July 2024
Innolux reports Q2 profit amid slowing large-size panel shipments in Q3 2024
Innolux, a leading company in the panel industry, returned to profitability in the second quarter of 2024, posting a modest profit of NT$1.2 billion. Looking ahead to the third quarter,...
Wednesday 31 July 2024
Foundry VIS secures orders shifted from China amid pricing pressures, improving gross margins
Specialty IC foundry Vanguard International Semiconductor (VIS) has successfully secured orders originally intended for Chinese competitors, despite the Chinese companies offering...
Friday 26 July 2024
Musk backs Trump despite benefiting from Biden's green energy policies for profits
Tesla CEO Elon Musk has vocally supported US Republican presidential candidate Donald Trump.
Thursday 25 July 2024
Rising memory prices, AI demand boost SK Hynix 2Q24 sales and profit
SK Hynix has reported revenue hit an all-time high of KRW16.42 trillion (US$11.8 billion) in the second quarter of 2024, when operating profits topped KRW5 trillion for the first...
Thursday 25 July 2024
Optical industry acquiring new factories in fear of land shortage
Players in the optical industry have been expanding factories abroad or purchasing new ones in Taiwan as demand for optical components has continued to rise from many different applications,...
Thursday 25 July 2024
Tesla profit drop in 2Q24 highlights transformation challenges
Tesla's net profit fell by 45% YoY in the second quarter of 2024 to US$1.48 billion, which may indicate that the company is facing challenges with its transformation, according to...
Monday 22 July 2024
Why didn't SK On make a profit in any of the 10 quarters since its establishment?
The SK Group views EV-related businesses as a key growth area for the future, which is why its battery subsidiary SK On invested over KRW20 trillion (US$14.5 billion) to expand its...
Monday 15 July 2024
Xiaomi profits in India fall by 77% amid fresh 10-year plan
Xiaomi's India business faced a significant setback in the 2023 fiscal year, with both revenue and net profit experiencing steep declines. The company is now pinning its hopes on...
Wednesday 10 July 2024
TSMC records 30% YoY growth in sales, Q2 revenue exceeding guidance
TSMC recorded its financial performance in line with market expectations, with consolidated revenue in June at NT$207.869 billion, down 9.5% month-on-month but up 32.9% compared to...
Wednesday 10 July 2024
Rising HBM demand to benefit SK Hynix supplier in China
Yoke Technology, a China-based semiconductor and chemical material supplier, has disclosed its preliminary financial results for the first half of 2024. The company expects a net...
Thursday 4 July 2024
Prices for commodity DRAM and NAND chips stall as demand recovery lags
The prices for general-purpose DRAM and NAND flash chips have remained flat for four consecutive months, suggesting a slower-than-expected pace of demand recovery.
Monday 1 July 2024
Diode maker Eris poised for breakthrough growth with acquisition boost
Taiwan's leading diode manufacturer, Eris Technology, is poised to enter a new growth era for revenues and profit margins starting in 2024, as its product lines will expand significantly...
Friday 28 June 2024
China-based chipmaking tool provider delays R&D facility operation amid regulatory and operational issues
ACM Research Shanghai, one of the major semiconductor equipment providers in China, decided to postpone the operation of its R&D facility in Shanghai to mid-2025.
Thursday 27 June 2024
AI drives Micron turnaround to profit with future price hikes expected
Micron announced substantial growth in its latest financial results.