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Tuesday 27 August 2024
Intel slashes marketing budget as AMD presses for market shift
Intel's Sales and Marketing Group (SMG) reportedly plans to streamline its workforce and reduce marketing expenses, aiming to cut costs by over 35% by the end of 2024.
Tuesday 27 August 2024
Motherboard, PC players to increase 2024 shipment target by 3-10%
Upcoming next-generation hardware releases by Intel, Advanced Micro Devices (AMD), and Nvidia, as well as the launch of China's first AAA game "Black Myth: Wukong," are expected to...
Friday 23 August 2024
Rising production costs test Samsung, LG's profitability
South Korea's top TV manufacturers, Samsung Electronics and LG Electronics, are grappling with rising production costs as Chinese firms tighten their grip on the LCD...
Friday 23 August 2024
Fear over battery fires has slumped South Korea's EV market
South Korea recently saw three electric vehicle (EV) fires occur within less than a month, leading to an "EV phobia" in the local market. This situation has caused a decline in both...
Friday 23 August 2024
Tata Motors signs MoU with Delta Electronics and Thunderplus Solutions to install fast charging stations in India
Tata Motors, the leading commercial vehicle provider and largest EV brand by sales in India, signed an MoU with Delta Electronics India and Thunderplus Solutions for charging infrastructure...
Friday 23 August 2024
Samsung releases new foldable smartphone to defend its place in the Japanese market
In an effort to strengthen its position in the Japanese smartphone market, Samsung Electronics (Samsung) has released two new foldable phone models earlier than planned: the Galaxy...
Friday 23 August 2024
TSMC 3/5nm nodes poised to generate over NT$1 trillion in revenue by 3Q24
TSMC is likely to see its 3nm and 5nm nodes generate more than NT$1 trillion (US$31.02 billion) in total revenue in the first three quarters of this year, as the foundry house's sales...
Thursday 22 August 2024
Equipment manufacturers expanding from PCB to high profitability industries, primarily semiconductors
Taiwanese PCB manufacturers are expected to see demand improve in 2024.
Thursday 22 August 2024
Kenmec expects sales recovery in 2H24
Kenmec Mechanical Engineering saw lower-than-expected performance in the first half of 2024 due to fluctuations in the economy and construction delays, even though the company had...
Thursday 22 August 2024
Cheng Mei adopts cautious outlook amid uncertain panel demand in 3Q24
Cheng Mei Materials, a leading polarizer manufacturer, has reported weaker-than-expected panel demand for the third quarter. With the possibility of China adjusting its production...
Thursday 22 August 2024
SK Hynix's 1H24 revenue soars in US and China, driven by AI demand
SK Hynix, which recorded its best performance ever in the first half of 2024, has experienced remarkable growth in the US and Chinese markets. The company managed to revitalize several...
Thursday 22 August 2024
AI driving chipmaking equipment demand, says Tongtai
Tongtai Machine & Tool is actively expanding its semiconductor equipment business to meet the increasing demand for AI device applications and anticipates revenue from this segment...
Wednesday 21 August 2024
Xiaomi 2Q24 financial statement to be released as automotive, mobile endeavors draw attention
Xiaomi's financial statement for the second quarter of 2024 is expected to be released on August 21.
Wednesday 21 August 2024
WPG expects sales to peak in 3Q24
IC distributor WPG posted strong revenue figures for the second quarter of 2024, with vice president Scott Lin expecting the third quarter to be the peak of the year in terms of both...
Wednesday 21 August 2024
China CIS firms gain domestic market share with local foundry, backend support
Support from local foundries and backend houses in China is helping CMOS image sensor (CIS) firms obtain more orders, reducing the country's reliance on Sony, according to industry...