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NEWS TAGGED 2024
Friday 8 November 2024
TSMC exec sees broad trend of collaboration in response to Trump tariff threats
According to TSMC Senior Vice President and Deputy Co-COO Cliff Hou, Taiwan's strong partnership with the US spanning decades is expected to continue despite the upcoming administration...
Friday 8 November 2024
SMIC reports record revenue, but faces competition with limited gross margin
SMIC, China's largest pure-play semiconductor foundry, recorded US$2 billion in revenue in a single quarter, with its utilization rate surpassing 90%. However, its relatively limited...
Friday 8 November 2024
Ennostar returns to profitability in 3Q24 with focus on Micro LED and client partnerships
Ennostar ended its streak of eight consecutive quarterly losses in the third quarter of 2024, despite experiencing a weaker-than-usual peak season. The turnaround was achieved through...
Friday 8 November 2024
Quanta to expand SEA production portfolio amid surging demand post-US elections
Quanta Computer, the Taiwan-based ODM with production facilities worldwide, plans to expand its production portfolio in Southeast Asia in response to increased customer demand following...
Friday 8 November 2024
10 years of AI innovation: How SenseTime is shaping China's AI future with bold LLM investments
China's AI industry has witnessed significant milestones over the past decade. Founded in 2014, SenseTime has reached its tenth anniversary, transforming from its initial focus on...
Friday 8 November 2024
Snapdragon Summit recap: Oryon CPU and AI to shape Qualcomm's next-gen strategy
The Snapdragon Summit 2024, held October 21-23, placed Qualcomm's Oryon CPU and AI advancements at the center of its product showcase. Amid mixed reactions to Qualcomm's chip announcements,...
Thursday 7 November 2024
Wah Hong expands to 3D snapshot sensors to enhance drone and EV applications
Optical film manufacturer Wah Hong Industrial Corp has reported that its cumulative pre-tax net profit for the third quarter of 2024 reached NT$410 million (approx. US$12.7 million),...
Thursday 7 November 2024
Taiwanese IC lead frame provider to expand capacity in Malaysia
Taiwan-based CWTC's board has approved several key resolutions, including the third-quarter 2024 profit distribution plan and a US$20 million cash capital increase for its Malaysian...
Thursday 7 November 2024
Panasonic's battery division offsets EV sales slowdown with rising demand for data center energy systems
Panasonic's battery manufacturing division has found a silver lining in the growing demand for data center energy systems, offsetting the impact of slowing electric vehicle (EV) sales...
Thursday 7 November 2024
China's domestic CPU maker Hexin collapses: A signal of growing challenges for tech startups
China's semiconductor industry faces escalating challenges as operational shutdowns, salary delays, and management disruptions become increasingly common. The recent wave of closures...
Thursday 7 November 2024
US CHIPS Act expansion set to benefit South Korean solar manufacturers
Following the US Department of Treasury's expansion of the CHIPS and Science Act subsidies to include solar-grade silicon ingots and wafers, South Korean solar giants Hanwha Qcells...
Thursday 7 November 2024
Transcend expects 4Q24 spot memory price drops to stabilize
The memory module industry faces significant challenges in the fourth quarter of 2024, with Transcend Information experiencing substantial inventory depreciation losses amid plummeting...
Thursday 7 November 2024
Novatek expects weaker 4Q24, looks to AI-driven edge demand for 2025 growth
Novatek posted strong revenue growth in the third quarter of 2024, fueled by high inventory demand for mobile OLED DDIs. However, gross margin slipped from the previous quarter, mainly...
Thursday 7 November 2024
Silicon Valley shifts right: What Trump's return to power means for tech and Taiwan
California's Silicon Valley, historically a liberal and progressive stronghold, has long served as a major base for the Democratic Party. However, during the 2024 presidential election,...
Thursday 7 November 2024
Toyota suppliers cut fiscal guidance amid sluggish sales and production cuts
Toyota's major automotive component suppliers have revised their financial guidance downward for the fiscal year ending in March, according to their latest financial results.
megawin
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