Samsung Electronics has reported operating profits of KRW6.61 trillion (US$4.78 billion) on consolidated revenue of KRW71.92 trillion for the first quarter of 2024. Revenue was primarily...
Microsoft reported strong quarterly results. The surge was driven by corporate demand for Microsoft's cloud and AI offerings, particularly Azure. Microsoft plans to ramp up Capex...
LG Display (LGD) reported a year-on-year improvement in revenue and operating losses for the first quarter of this year. The firm aims to return to profitability in the second half...
In the dynamic realm of AI, TSMC has secured the vast majority of customer orders, and foundry quotes now surpassing US$10,000 per wafer are primarily centered on the lucrative process...
Japanese IC substrate manufacturer Shinko Electric Industries has announced that due to poor sales of its main product, flip chip packaging substrates, the upcoming fiscal report...
SK Hynix Inc. will have to contend with high expectations when it reports next week after solid earnings from the likes of Micron Technology Inc. cemented optimism about demand for...
The rise of Artificial Intelligence (AI) has prompted Industrial PC (IPC) manufacturers to expedite the transformation and enhancement of their business models, with a keen focus...
In response to the corporate restructuring by Intel announced earlier, which involves Intel Foundry and Altera, the company disclosed a widening loss at its foundry service and expects...
China remains a critical car market while a reshuffle has been underway. Several suppliers who had focused on safety components entered the EV radiator segment per customers' requests,...
As the quest for clean energy intensifies, hydrogen emerges as a pivotal player across diverse sectors, including energy, transportation, and industry.
Despite intensifying US sanctions, Huawei tried to prove it could navigate challenges and make progress by recording a surge in profit in 2023 in addition to a widening ecosystem...
SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stabl...
Huawei's automotive business unit will likely become profitable earlier than expected. Richard Yu, chairman of Huawei's Intelligent Automotive Solutions (IAS), said on March 16 that...
