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IN THE NEWS
Thursday 27 April 2023
Korean makers enjoy rising profits with move to focus on IC substrates, says DIGITIMES Research
South Korea's top three PCB suppliers SEMCO, LG Innotek, and Daeduck, after discontinuing their unprofitable PCB products and moving toward high-end IC substrates, have stabilized...
Thursday 27 April 2023
TSMC, UMC step up automotive IC deployment
TSMC and United Microelectronics (UMC) have both stepped up their deployments in the automotive IC field.
Wednesday 26 April 2023
TSMC, GF strike new contracts with car vendors
TSMC and GlobalFoundries have both struck long-term contracts with car vendors.
Wednesday 26 April 2023
Taiwan exports to China drop by 30%
Taiwan's exports to China (including Hong Kong) were only US$34.3 billion from January to March 2023, a 30.6% decrease from the same period the previous year, according to Taiwan's...
Wednesday 26 April 2023
Kia aims to lift electric vehicle sales after record profit
Kia Corp. wants to increase sales of electric vehicles so they account for 9% of revenue by the end of the year, up from 5.5% last quarter.
Wednesday 26 April 2023
Hyundai reports 92.4% net profit increase in 1Q23
Strong sales worldwide in the first quarter of 2023 helped Hyundai Motor's profits. The carmaker released the financial results on April 25, with net profit growing 92.4% year-over...
Wednesday 26 April 2023
Top-3 Korean battery makers keen on domestic capacity expansions
South Korea's top-3 battery makers SK On, LG Energy Solution (LGES), and Samsung SDI are all on track to build additional domestic production capacities, in order to reduce the country's...
Wednesday 26 April 2023
GM raises 2023 guidance, adding Samsung SDI as battery partner
General Motors is expecting a strong 2023. It raised its whole-year guidance on April 25 after finishing the first quarter with US$3.8 billion of adjusted EBIT. In addition, the automaker...
Wednesday 26 April 2023
Linkcom to debut on Taiwan OTC securities market in mid-May
Magnetic components supplier Linkcom Manufacturing will debut on Taiwan's over-the-counter (OTC) stock market in mid-May as it moves to expand its power magnetic components and module...
Tuesday 25 April 2023
Automotive chip vendors to cut orders for semiconductor parts in 2Q23
Some Taiwan-based IC design houses and other chip vendors in Japan and the US may cut their orders for semiconductor parts by 10-20% in the second quarter on top of weak demand in...
Tuesday 25 April 2023
Foundries experience order cuts from automotive IC design houses
China- and Taiwan-based foundries have experienced cutbacks in automotive IC orders from not only their domestic fabless chipmakers but also customers in the US and Japan during the...
Tuesday 25 April 2023
Tougher conditions for US CHIPS Act may discourage Taiwan, Korea chipmakers from investing
The details of the US CHIPS and Science Act (also known as the CHIPS Act) subsidies, which aims to rebuild the country's local semiconductor supply chain, have been released, but...
Tuesday 25 April 2023
Samsung mobile AP shipments buck trend increasing 15% in 1Q23
Samsung Electronics saw shipments increase 15% on year in the first quarter of 2023, benefitting from good midrange mobile application processor (AP) sales performance.
Tuesday 25 April 2023
Hyundai Motor, SK On plan $5 billion EV battery plant in US
Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as President Biden's green bill encourages companies...
Tuesday 25 April 2023
Optoma works with NYCU to construct R&D center for AI and VR in Taiwan
Optoma, a subsidiary of Coretronic, has partnered with Tawan's National Yang-Ming Chiao-Tung University (NYCU) to work on building an R&D center for AI and VR interaction and...