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Monday 29 July 2024
LG Innotek posts record results for2Q24, driven by iPhone 15 boom
LG Innotek delivered a stellar performance in the second quarter of 2024, with revenue hitting a quarterly record and operating profit soaring by 726.2% year-on-year. Analysts credit...
Monday 29 July 2024
OSATs expect sales growth in 2H24
Semiconductor backend services providers generally believe sales will improve in the second half of 2024, but the strength of the growth momentum remains to be seen.
Friday 26 July 2024
ST cuts 2024 outlook as industrial and automotive demand slows
After reporting a 25% year-on-year revenue decline in the second quarter, STMicroelectronics has revised its sales outlook for 2024 downward for the second time.
Friday 26 July 2024
China's smartphone market grows 10% in 2Q24, thanks to 618 promotions and GenAI
According to the latest Canalys research, Mainland China's smartphone market experienced a 10% year-on-year growth in the second quarter of 2024, with shipments exceeding 70 million...
Friday 26 July 2024
Nvidia's investment in Serve Robotics opens new market for AI-powered food delivery
Nvidia's recent investment in Serve Robotics, involving a minority stake worth US$3.7 million, has captured significant attention.
Friday 26 July 2024
Mobile shipments in 2H24 expected to exceed 600 million
In the first half of 2024, global mobile phone shipments reached nearly 570 million units.
Friday 26 July 2024
Chinese semiconductor equipment could reach advanced levels in 5-10 years, says AMEC CEO
Although China is still a long way from meeting international standards in the field of semiconductor equipment, it is entirely feasible for the country to achieve technologically...
Thursday 25 July 2024
GadgeTek sees surging sales in US
GadgeTek, an Acer Group subsidiary, has achieved robust sales in the US market after launching its flagship store on Amazon's e-commerce platform. In June, the company reported sales...
Thursday 25 July 2024
KLA sees bright future in advanced packaging and HBM, expects flat growth in China
Due to the AI-driven surge in demand for semiconductor equipment, KLA reported better-than-expected financial results. The company expects to benefit from investments in advanced...
Thursday 25 July 2024
LCD TV panel makers face challenges amid market shifts
Major LCD TV panel makers experienced mixed business results in the first half of 2024. While shipments increased in terms of panel area due to the growing popularity of larger screens,...
Thursday 25 July 2024
Slowing demand, policy changes limit EV adoption
Disappointing demand growth, uncertainties surrounding the upcoming US presidential election, and government policy changes have slowed the adoption of electric vehicles (EV), according...
Thursday 25 July 2024
Rising memory prices, AI demand boost SK Hynix 2Q24 sales and profit
SK Hynix has reported revenue hit an all-time high of KRW16.42 trillion (US$11.8 billion) in the second quarter of 2024, when operating profits topped KRW5 trillion for the first...
Wednesday 24 July 2024
Elon Musk pivots to align with Trump EV policy
Tesla CEO Elon Musk has publicly voiced strong support for Republican US presidential candidate Donald Trump. They have even aligned on the issue of opposing EV subsidies, resolving...
Tuesday 23 July 2024
Apple's rumored foldable iPhone yields mixed news for Samsung
Recent rumors suggest that Apple is conducting research and development for its first "foldable iPhone," with a potential release targeted for 2026. Industry sources believe that...
Tuesday 23 July 2024
EU tariff dilemma: Balancing anti-subsidy measures on Chinese EVs with economic reliance
The European Union finds itself at a crossroads as it considers implementing anti-subsidy provisional tariffs on Chinese electric vehicle (EV) imports by the end of November. This...