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Tuesday 22 April 2025
Hygon delivers blowout 1Q results amid surge in domestic AI, compute demand
On April 22, Hygon Information Technology, a top Chinese high-performance chipmaker, posted its first-quarter 2025 earnings, surpassing analyst forecasts. Driven by accelerating demand...
Tuesday 22 April 2025
Sunwoda boosts Vietnam investment amid strong 2024 profit and global expansion plans
Chinese battery manufacturer Sunwoda, an Apple product supplier, is set to increase its investment in Bac Giang, Vietnam. According to The Investor, environmental assessment...
Tuesday 22 April 2025
Goertek's 1Q25 paradox: sinks in sales, soars in profit with AR/VR in focus
Goertek Inc., headquartered in Shenzhen, published its first-quarter 2025 earnings on April 21, reporting sharp revenue declines both annually and sequentially. Despite this, the company...
Monday 21 April 2025
China's JCET hits all-time high in 2024 revenue, cements global OSAT third position
JCET Group, China's top OSAT provider, reported record revenue of CNY35.962 billion (US$4.9 billion) for 2024, up 21.24% compared to the previous year. Net income attributable to shareholders...
Monday 21 April 2025
Turvo commits to combustion engine parts for Bosch amid expanding EV footprint
Taiwan-based precision metal parts manufacturer Turvo International recently hosted a media tour, during which Chairman Tony Liu highlighted the company's ongoing transformation in...
Monday 21 April 2025
Cambricon posts breakout 1Q as AI chip revenue soars over 4230%
Cambricon Technologies, a top Chinese AI chip designer, reported its full-year 2024 and first quarter 2025 earnings, revealing a sharp turnaround. After ending 2024 with losses, the...
Monday 21 April 2025
Lens Technology beats forecasts in 1Q25 with 39% profit surge, margin gains
Lens Technology exceeded market expectations in the first quarter of 2025, posting revenue of CNY17.063 billion (US$2.34 billion), a 10.1% increase compared to the same period last...