CONNECT WITH US
NEWS TAGGED 2023
Wednesday 7 August 2024
Intel's telecommunications division likely to face brunt of Intel's massive cost-cutting
Intel recently released a disappointing earnings report, revealing declines in both revenue and operating margin. The company announced comprehensive cost-cutting plans, including...
Wednesday 7 August 2024
Honor's IPO faces market hurdles amid Huawei's resurgence
Honor, once a reportedly discarded asset after its separation from Huawei, has defied expectations by carving out a strong position in the mid-to-high-end smartphone market. While...
Wednesday 7 August 2024
GlobalWafers cuts 2024 revenue outlook to high-single-digit drop
Silicon wafer company GlobalWafers has revised its revenue growth projection for 2024 to a decline in the high single digits. The revision was downgraded for the second time this...
Wednesday 7 August 2024
Samsung yet to escape wafer foundry struggles, may see losses in 'trillions of KRW' in 2024
Despite a strong overall performance in the second quarter of 2024, Samsung Electronics continues to grapple with losses in its wafer foundry business. Most analyses indicate that...
Tuesday 6 August 2024
WT Microelectronics forecasts semiconductor market rebound by 2025 despite current challenges
On August 6th, WT Microelectronics, a leading IC distributor based in Taiwan, held its investor conference where Chairman Eric Cheng expressed confidence that current semiconductor...
Tuesday 6 August 2024
Silicon wafer shipments increase in 2Q24
Worldwide silicon wafer shipments increased 7.1% quarter-on-quarter to 3.035 billion square inches in the second quarter of 2024, but saw an 8.9% decline from the 3.33 billion square...
Tuesday 6 August 2024
China's pursuit of self-sufficiency in chipmaking equipment hurts Taiwan exports
Taiwan's chipmaking tool exports, which prioritize the market in China, have been impacted by China's increased efforts to achieve self-sufficiency in semiconductor equipment.
Monday 5 August 2024
Europe's auto industry faces historic trade deficit amid electrification shift
Europe's automotive industry is poised to face a historic turning point in 2024, with imports expected to surpass exports for the first time in decades. This looming trade deficit...
Thursday 1 August 2024
Kneron co-founder honored with inaugural Asian American Pioneer Medal for technological innovations
On July 27, at the Stanford Memorial Auditorium, Professor Mau-Chung Chang, co-founder of Kneron, a provider of edge AI solutions, was awarded the inaugural 2024 Asian American Pioneer...
Wednesday 31 July 2024
Orbray outlines 2029 IPO plan buoyed by diamond substrate opportunities
Japan-based Orbray plans to go public by 2029, aiming to raise up to JPY 10 billion. The company intends to strengthen production at its Akita factories and targets JPY 40 billion...
Wednesday 31 July 2024
Samsung earnings report surges in Q2 revenue and profits amid strong display sales
Samsung Electronics announced its financial results for the second quarter of 2024, reporting revenue of KRW74.07 trillion (approximately US$53.3 billion) and an operating profit...
Wednesday 31 July 2024
Volkswagen and Xpeng to jointly develop in-car systems for Chinese EV market
Volkswagen has reached a new agreement with Xpeng Motors to jointly develop in-car systems for the Chinese Electric Vehicle (EV) market, strengthening their existing partnership.
Wednesday 31 July 2024
BYD intensifies EV price war, challenges competitors in China
BYD has initiated a fresh price war in China's electric vehicle (EV) market, continuing to pressure its competitors by leveraging its production scale, according to market sources...
Wednesday 31 July 2024
Taiwan IT firms accelerate expansions beyond China
In the wake of rising geopolitical tensions, Taiwan-based high-tech companies are accelerating their expansions beyond China, which used to be the base for most of their offshore...
Tuesday 30 July 2024
Ola Electric to raise US$734 Million, likely to be largest IPO in India in 2024
According to Bloomberg and Reuters, Indian electric two-wheeler (E2W) maker Ola Electric Mobility is set to launch its initial public offering (IPO). The company aims to raise up...
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research