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NEWS TAGGED 2023
Thursday 18 January 2024
TSMC expects about 6% revenue decrease in 1Q24
TSMC expects to post revenues of between US$18 billion and US$18.8 billion in the first quarter of 2024, a 6.2% sequential increase at the midpoint. Gross margin and operating margin...
Thursday 18 January 2024
Global EV sales to continue rising in 2024, but slower than 2023, says DIGITIMES Research
DIGITIMES Research's findings show that compared with the recovery of the global automobile market in 2023, global electric vehicle (EV) sales grew more significantly last year, with...
Tuesday 16 January 2024
China's import replacement boosts AMEC 2023 net profit by half
Shanghai-based semiconductor equipment manufacturer Advanced Micro-fabrication Equipment Company (AMEC) reported a net profit range between CNY1.7 billion to CNY1.85 billion, representing...
Tuesday 16 January 2024
China sees the largest annual drop in chip import value in 2023
According to the latest official figure, China saw its semiconductor import value drop by the most in recent years, signaling the US export curbs, China's indigenization efforts,...
Friday 12 January 2024
5G use grew worldwide in 2023 despite dismal smartphone market
In 2023 the global economic outlook was uncertain the technology industry is mostly in a downturn with AI representing the only industry not undergoing a downturn,
Friday 12 January 2024
CPCA saw 36.3% growth in 2023 Chinese passenger EV sales
The world's largest EV market benefited from a sales push at the end of 2023, achieving 7.74 million units in passenger EV sales last year.
Thursday 11 January 2024
Pegatron sees 2023 revenue down 4.62% amid weak consumer demand
Pegatron announced its full-year revenue for 2023 on the 10th, boosted by the shipment of the new iPhone 15, which lifted the performance in the fourth quarter. However, weakness...
Thursday 11 January 2024
Quanta's server business achieved double-digit growth in 2023 due to AI servers
Quanta stated that in 2024, the demand for AI server orders will remain strong. However, key component shortages persist and are only expected to be resolved in the second half of...
Thursday 11 January 2024
TSMC sees 2023 revenue beat forecast
Pure-play foundry TSMC has announced revenue decreased 4.5% year on year to NT$2.16 trillion (US$69.5 billion) in 2023, compared to its previous prediction of a 10% decline in US...
Wednesday 10 January 2024
iPhone production in India to reach nearly 10% of global value in 2023
Thanks to the doubled investments from Apple suppliers, India saw iPhone production rapidly increase and reach INR1 trillion in 2023.
Wednesday 10 January 2024
Notebook ODMs post revenue decreases in 2023; outlook uncertain for 2024
Taiwanese ODMs Quanta Computer, Compal Electronics, Wistron, and Inventec saw revenues decline in 2023. However, the outlook for this year remains uncertain.
Tuesday 9 January 2024
Foxconn revenues hit the second-highest record in 2023; back to usual seasonal level in 1Q24
Foxconn Electronics (Hon Hai Precision Industry) reported consolidated revenues of NT$460.12 billion (US$14.72 billion) for December 2023 with the amount for the fourth quarter hitting...
Tuesday 9 January 2024
Adata sees better-than-expected revenues in 4Q23 and 2023
Taiwan-based memory module maker Adata Technology saw its consolidated revenues rise nearly 30% sequentially to arrive at around NT$11 billion (US$352 million) in the fourth quarter...
Tuesday 9 January 2024
Samsung may see 2023 operating profit fall over 80%
Samsung Electronics has provided revenue and operating earnings estimates for the fourth quarter of 2023 that are not in line with market expectations. Market sources speculate that...
Monday 8 January 2024
UMC posts 20% revenue fall in 2023
Pure-play foundry United Microelectronics (UMC) has announced revenue of NT$222.53 billion (US$7.18 billion) for 2023, a 20.15% decrease from the previous year but still the second...