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NEWS TAGGED BUSINESS
Friday 6 December 2024
Foxconn reports November revenue decline due to slow consumer and networking products
Foxconn reported a November revenue of NT$672.585 billion (approx. US$20.76 billion), surpassing the total earnings of the previous year in the first 11 months of 2024. Despite a...
Friday 6 December 2024
Sakura Internet expands GenAI business, estimates need for 10,000 Nvidia GPUs annually
Sakura Internet is collaborating with NEC to develop a generative AI (GenAI) service platform, integrating NEC's "cotomi" AI technology into its offerings. To support this initiative,...
Thursday 5 December 2024
Taiwan chip firms' China ties in crosshairs as US expands chip ban
The expansion of US trade sanctions against Chinese semiconductor firms has raised concerns among Taiwanese companies regarding their business relationships with Chinese customers...
Thursday 5 December 2024
Intel CEO exit offers crucial lessons for Samsung's reform
Intel CEO Pat Gelsinger's departure has sparked debates in South Korea regarding the prospects for the equally struggling chip-making titan Samsung Electronics (Samsung). However,...
Wednesday 4 December 2024
Customers are pre-ordering to avoid possible Trump 2.0 tariffs
Although it remains unclear what policies Donald Trump will implement in his second presidential term, business leaders including Foxconn chairman Young Liu have highlighted ongoing...
Wednesday 4 December 2024
Pat Gelsinger's retirement opens doors for potential transactions at Intel
Intel's CEO Pat Gelsinger's unexpected resignation has created new opportunities for the company to explore potential transaction options, including those previously rejected during...
Tuesday 3 December 2024
Global industry leaders back Taiwan's emerging satellite sector amid key challenges
Recent advancements in communication technology have lowered barriers in the space industry, enabling commercialization and attracting a wave of innovative players. While Taiwan-based...
Tuesday 3 December 2024
Super Micro finds no evidence of fraud; will replace CFO
Super Micro Computer said an independent review of its business found no evidence of misconduct but recommended that the server maker appoint new top financial and legal leadership...
Tuesday 3 December 2024
iCatch Technology launches imaging ASIC services for automotive, military, and industrial markets
Egis Technology's subsidiary iCatch Technology has announced its strategic transformation, with Chairman S.C. Lo highlighting the company's solid foundation in image signal processor...
Monday 2 December 2024
Murata cements MLCC market supremacy with focus on AI, smartphones, and wearables
Murata Manufacturing Co. has unveiled a new mid-term business plan focused on boosting market share for its flagship product, Multi-layer Ceramic Capacitors (MLCCs), in response to...
Monday 2 December 2024
Chipmakers fight for entrance as Huawei ignites satellite mobile communication opportunities
Recently, Huawei's executive director and chairman of the board of directors of the consumer business group (BG), Richard Yu, announced that the new foldable flagship smartphone,...
Friday 29 November 2024
Samsung's semiconductor personnel reform appears unconventional but may still struggle with bureaucracy
Samsung Electronics is undergoing a personnel reform in response to the crisis within its semiconductor business. Notably, the head of Device Solutions (DS), Young-Hyun Jun, will...
Friday 29 November 2024
Samsung Foundry's uncertain future: What path should it take?
Amid challenges, Samsung has decided to scale back investments in its foundry business, prioritizing existing production lines to reduce losses and refocusing efforts on regaining...
Thursday 28 November 2024
LG Group revamps leadership to drive stability and innovation
LG Group convened a board meeting to finalize senior leadership changes across its subsidiaries. While overall promotions were scaled back, the company emphasized advancing R&D...
Thursday 28 November 2024
LG makes major division overhauls, shifting from products to solutions
LG Electronics has announced a major organizational restructuring aimed at shifting from a product-focused strategy to a solution-driven approach. This strategic realignment seeks...