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Monday 20 May 2024
Mahindra to invest US$1.4 billion in EV business
Mahindra announced a substantial investment in its EV business over the next three years as the company tries to catch up with EV leaders, particularly Tata, in the rapidly growing...
Monday 20 May 2024
Samsung establishes new organization aiming to increase value of refurbished devices
Samsung Electronics recently established the Galaxy Value Innovation team, preparing to venture into the refurbished smartphone market. The hope is to enhance the value of the Galaxy...
Friday 17 May 2024
Samsung unveils its top five customers for 1Q24
Samsung Electronics has released its business report, revealing changes in its top five clients for the first quarter of 2024. In the latest report, two US-based companies, Bestbuy...
Tuesday 14 May 2024
SiC market prospects and strategies: Interview with Onsemi VP of Industrial Power Division, PSG
Recently, Sravan Vanaparthy, Vice President of Industrial Power Division, Power Solutions Group (PSG) at On Semiconductor (Onsemi), had an exclusive interview with DIGITIMES Research...
Tuesday 14 May 2024
Asus optimistic about 2H24 prospects, with AI PCs and servers contributing to revenue
Asus has reported better-than-expected results for the first quarter of 2024, as its PC and motherboard businesses see sustained shipments, and AI servers begin contributing significantly...
Monday 13 May 2024
ASE expected to accelerate sales growth in 2H24
Leading IC packaging and testing company, ASE Technology Holding Co., Ltd. reported a revenue of NT$45.82 billion for April, showing a monthly increase of 0.3% and a year-on-year...
Friday 10 May 2024
Panasonic's battery unit benefits from US subsidy as weak EV demand to impact sales
Panasonic Group reported a record-high net income for the fiscal year ending in March 2024. Its battery business received significant tax credits from the US Inflation Reduction Act...
Friday 10 May 2024
SMIC surpasses UMC in sales, competition pressures SMIC profit
According to SMIC's financial results, it reported rising sales in the first quarter but saw worsening profits due to intensifying competition in China, particularly in commoditized...
Thursday 9 May 2024
Intel 2Q24 sales to receive minor impact from Huawei export license revocation
Intel confirms that one of its customers' export license was revoked and would impact its second-quarter sales in 2024 to fall to the lower range between its US$12.5-13.5 billion...
Wednesday 8 May 2024
Robust aftermarket drives Tong Yang's automotive parts sales
Taiwan-based Tong Yang Group announced its operating results for April 2024 on May 7. The leading car components supplier also revealed that it had purchased land at the Cigu Technology...
Wednesday 8 May 2024
UMC sees April revenue hit 16-month high
Pure-play foundry United Microelectronics (UMC) has reported April revenue increased 8.7% sequentially to a 16-month high of NT$19.74 billion (US$608.3 million).
Tuesday 7 May 2024
DRAM and NAND flash prices unlikely to fall over next 2 quarters, says Team Group exec
DRAM and NAND flash prices are unlikely to trend downward in the next two quarters, according to Gerry Chen, president of memory module company Team Group.
Monday 6 May 2024
iPhone maker Hon Hai hits a record high buoyed by AI, Apple
Hon Hai Precision Industry Co.'s shares jumped to a record high after posting its strongest monthly sales growth since the start of 2023, potentially raising expectations for iPhone...
Monday 6 May 2024
AMD optimistic about AI-related performance; gaming business unlikely to improve in short term
In the first quarter of 2024, AMD's data center and client revenue experienced year-on-year growth rates of over 80%. The company is optimistic that AI will fuel these two businesses...
Monday 6 May 2024
Silicon Motion raises sales guidance for 2024
Silicon Motion Technology, a NAND flash device controller specialist, has boosted its revenue forecast for this year after reporting a stronger-than-expected first quarter.