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Thursday 7 November 2024
Qualcomm surpasses expectations with strong 4QFY24 driven by handset gains, boosted by 40% growth in China OEMs
Boosted by the recovering Chinese market, Qualcomm recorded better-than-expected sales and issued an optimistic sales forecast for the current period, highlighting promising trends...
Wednesday 6 November 2024
GlobalWafers' profit slumps through 3Q24; CEO expects 90%+ utilization for 12-inch wafers
High client inventory levels and slower clearance rates contributed to a slowdown in GlobalWafers' silicon wafer shipments for 2024, resulting in a 38.9% drop in after-tax profit...
Wednesday 6 November 2024
Kyocera faces challenges in entering AI chip supply chain amid organic packaging substrate slump
Japan's component manufacturer Kyocera Corporation is experiencing a downturn in its semiconductor organic packaging materials business. Current demand has not met previous forecasts,...
Wednesday 6 November 2024
SK Hynix reduces DDR4 production, accelerates shift to AI memory
SK Hynix plans to reduce its legacy DRAM production to 20% by the fourth quarter of 2024, responding to increased supply and pricing pressure from Chinese memory manufacturers. The...
Wednesday 6 November 2024
IC distributor WT Micro expects over 10% revenue drop in 4Q24
IC distributor WT Microelectronics (WT Micro) has reported that its revenue for the first three quarters of 2024 surpassed that of the entire year 2023. However, the company is expressing...
Wednesday 6 November 2024
NexChip and Samsung Foundry lead 3Q24 LCD/OLED driver IC markets
NexChip and Samsung Foundry have emerged as the dominant players in the display driver IC (DDIC) market for the third quarter of 2024, according to the latest insights from Omdia's...
Wednesday 6 November 2024
Meta advances XR ecosystem to power next-gen smart devices, says DIGITIMES Research
Meta's XR division, Reality Labs, remains unprofitable despite revenue growth, with Quest 3 sales driving a 30% increase in the first quarter and 28% in the second quarter of 2024...
Wednesday 6 November 2024
BenQ Materials initiates Micro LED shipments, projects 2025 panel supply and demand to align with 2024
The polarizer market continues to face oversupply pressures, limiting average selling price (ASP) growth. BenQ Materials has strengthened its portfolio with high-value products, including...
Wednesday 6 November 2024
Qorvo maintains UWB positioning edge amid Bluetooth, SparkLink Alliance competition
As ultra-wideband (UWB) technology matures and market demand increases, UWB is gradually entering the automotive and consumer electronics sectors. Its remarkable performance in digital...
Wednesday 6 November 2024
Lenovo files preemptive lawsuit against ZTE in UK amid cross-licensing dispute
The patent dispute between Lenovo and ZTE is intensifying. On October 21, Lenovo filed a patent infringement lawsuit against ZTE in the UK High Court. A week later, ZTE responded,...
Wednesday 6 November 2024
Xiaomi India president to step down by 2024-end
According to Bloomberg, the Times of India, and Hindu BusinessLine, Muralikrishnan B, president of Xiaomi's Indian operations, announced he will resign...
Wednesday 6 November 2024
GlobalFoundries' 3Q24 earnings: 7% revenue growth driven by design wins despite YoY decline
GlobalFoundries (GF) posted earnings results for the third quarter of 2024 that ended September 30, 2024, achieving 7% sequential revenue growth to US$1.739 billion, primarily driven...
Wednesday 6 November 2024
F1 and Lenovo on track to drive the era of AI-powered racing
Formula 1 has long been the arena for world-renowned racing teams and drivers. Now, with the rise of AI and cutting-edge technologies, it has also become a major battleground for...
Wednesday 6 November 2024
Mature process fab capacity stays oversupplied; VIS sees price war ease but pressure remains
Vanguard International Semiconductor (VIS) reports that while price competition has diminished, market competition pressure persists due to continued mature process fabrication capacity...
Wednesday 6 November 2024
Polarizer firms CMMT boosts high-value product deployment
Polarizer manufacturer Cheng Mei Materials Technology (CMMT) has stepped up its deployment in high-value product segments to alleviate the impact of oversupply in the LCD market which...