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Wednesday 31 July 2024
Faraday expects 10% revenue growth in 3Q24
Faraday Technology, a Taiwan-based provider of fabless ASIC services and silicon IP, anticipates a sequential increase in revenue of approximately 10% in the third quarter of 2024...
Wednesday 31 July 2024
Macronix expects NOR flash sales to return to growth in 2H24
Chipmaker Macronix International expects its NOR flash sales to return to a growth track in the second half of 2024, with a recovery in prices.
Wednesday 31 July 2024
Samsung earnings report surges in Q2 revenue and profits amid strong display sales
Samsung Electronics announced its financial results for the second quarter of 2024, reporting revenue of KRW74.07 trillion (approximately US$53.3 billion) and an operating profit...
Wednesday 31 July 2024
PTI gearing up for AI SoC boom with FOPLP
Backend house Powertech Technology (PTI), with its fan-out panel-level packaging (FOPLP) technology, is targeting AI SoC market potential, and expects AI-related revenue to account...
Wednesday 31 July 2024
Chinese suppliers eyes Russia's growing demand for auto parts, supply chain urge caution amid war uncertainties
Automotive component supply-chain stakeholders say they are seeing the disruptions brought by the Russo-Ukraine war on the international industry gradually fading.
Wednesday 31 July 2024
Volkswagen and Xpeng to jointly develop in-car systems for Chinese EV market
Volkswagen has reached a new agreement with Xpeng Motors to jointly develop in-car systems for the Chinese Electric Vehicle (EV) market, strengthening their existing partnership.
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
IDMs underperform in 2Q24, indicating automotive IC weakness
Financial data from leading European and American integrated device manufacturers (IDMs) indicate that the automotive semiconductor market is underperforming, with weaker demand than...
Wednesday 31 July 2024
AMD MI300 quarterly revenue surpasses US$1 billion, revises upward data center GPU revenue for 2024
AMD announced that its MI300 revenue reached US$1 billion in a single quarter.
Wednesday 31 July 2024
China's mobile phone market sees long-awaited recovery
Under the continuous efforts of companies like Huawei, Xiaomi, Vivo, Honor, and Oppo, China's mobile phone market is finally experiencing a long-awaited revival.
Tuesday 30 July 2024
Coming MediaTek, Qualcomm earnings: AI smartphone demand forecasts to watch
Mobile SoC specialists MediaTek and Qualcomm will hold their quarterly earnings conference calls on July 31 to address the business outlook and end-market demand prospects, with a...
Tuesday 30 July 2024
Amkor expects to mass produce organic interposers in early 2025
Amkor reported modest sales growth, primarily driven by surging demand for AI data centers and growth in the smartphone market. These positive factors offset declining sales in the...
Tuesday 30 July 2024
Nidec shifts focus to AI server liquid cooling amidst EV market challenges
Japan-based Nidec is pivoting its focus from Electric Vehicle (EV) drive systems to AI server liquid cooling systems as the Chinese EV market is experiencing intense price competition...
Tuesday 30 July 2024
BYD's potential entry into Taiwan's EV market faces five key challenges
As 2024 enters its final four months, BYD's annual electric vehicle sales have nearly surpassed Tesla's, solidifying its market position. The company's international expansion is...
Tuesday 30 July 2024
Foxconn expands capacity in India to support more product lines
Hon Hai Technology (Foxconn) has been ramping up production capacity in India to extend support to more product lines, according to industry sources.