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Thursday 7 November 2024
European automakers face continued challenges in auto industry electrification
The transition of Europe's automotive industry to electric has encountered challenges in 2024, leading to significant setbacks for European car manufacturers. To date, European automakers...
Wednesday 6 November 2024
GlobalWafers' profit slumps through 3Q24; CEO expects 90%+ utilization for 12-inch wafers
High client inventory levels and slower clearance rates contributed to a slowdown in GlobalWafers' silicon wafer shipments for 2024, resulting in a 38.9% drop in after-tax profit...
Wednesday 6 November 2024
Acer e-Enabling Service Business reports record profits for 3Q24
Acer e-Enabling Service Business Inc. (AEB) achieved record-high quarterly and cumulative revenue and profits in the third quarter of 2024. As the potential of generative AI (GenAI)...
Wednesday 6 November 2024
Chicony Power eyes growth through AI, net-zero initiatives, notebook replacement demand
Taiwan's power supply provider, Chicony Power Technology, anticipates that its 2025 performance will likely surpass that of 2024, supported by multiple growth drivers. Key areas contributing...
Wednesday 6 November 2024
Elan bullish about notebook growth in 2025, with new products in tow
Leading touch controller chip firm Elan Microelectronics posted strong results in both revenue and profit for the traditional third-quarter peak season. Although the fourth quarter...
Tuesday 5 November 2024
NXP forecasts lower 4Q24 results due to falling auto chip demand and macro issues
NXP Semiconductors anticipates that its revenue and profit performance for the fourth quarter of 2024 will be below market expectations, with an estimated range of US$3 billion to...
Tuesday 5 November 2024
MA-tek to open Hokkaido lab early to meet 2nm chip demand
MA-tek will launch its new lab in Hokkaido, Japan by the end of this year, well ahead of schedule, to meet increasing demand for inspection and analysis services supporting 2nm chip...
Monday 4 November 2024
Innolux sells Chinese assets, second sale in two months amid cooling panel demands
Following the sale of its Southern Taiwan plant to TSMC, Innolux has announced it will sell its assets in Nanjing, China, in a transaction valued at CNY450 million (approximately...
Friday 1 November 2024
AI boosts optical communication: FICG chairman describes demand as "overwhelming"
FIC Global (FICG) chairman Leo Chien highlighted the soaring demand for optical communication modules driven by AI. To meet growing demand, FICG plans to establish a new plant in...
Friday 1 November 2024
Packaging materials supplier CWE optimistic about future growth momentum
Chang Wah Electromaterials (CWE), a Taiwan-based semiconductor materials distributor, has reported revenue and profit margin increases for the third quarter of 2024, driven by stronger...
Friday 1 November 2024
BYD quarterly sales top Tesla for first time in 3Q24
BYD's quarterly sales have surpassed Tesla's for the first time in the third quarter of 2024, but ongoing fierce market competition in China's electric vehicle (EV) industry means...
Friday 1 November 2024
Huawei 2024 9-mth report: Revenue rises, net profit dips amid R&D push and US sanctions
Huawei's third-quarter 2024 report reveals strong revenue growth from January to September, driven by consumer electronics, smartphones, and ICT. Despite this, net profit declined...
Thursday 31 October 2024
EMC reports strong performance in 3Q24, plans capacity expansion for 2025
EMC, a leading manufacturer of environmentally friendly high-grade copper clad laminates (CCL), has announced its financial results for the third quarter of 2024. The company reported...
Thursday 24 October 2024
SK Hynix announces 3Q24 financial results
SK Hynix announced today that it recorded KRW17.5731 trillion (approx. US$12.7458 billion) in revenues, KRW7.03 trillion in operating profit (with an operating margin of 40%), and...
Tuesday 22 October 2024
China's auto sector profit squeeze: CR Micro chief warns against reckless expansion
The Chinese automotive supply chain is facing intense competition, with the industry's profitability continuing to decline. Profit margins have dropped below 5%, prompting Hong Li,...