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Monday 4 November 2024
Samsung faces unprecedented crisis as core businesses stagnate, talent exits
October 27 marked the second anniversary of Jae-yong Lee's tenure as Samsung Electronics' (Samsung) executive chairman. However, both Lee and Samsung are facing unprecedented chall...
Friday 1 November 2024
Samsung MX reports 14.5% YoY decline in 3Q24 profits, eyes AI and new mobile phone form factors for future growth
Samsung Electronics (Samsung) has released its financial report for the third quarter of 2024, revealing a 14.5% year-over-year decline in operating profit for its Mobile Experience...
Friday 1 November 2024
LG aims to rank among top 3 in global medical monitor market within 5 years
LG Electronics is following Samsung's lead in pursuing the lucrative medical technology field as a key future revenue source. The company plans to develop its medical technology business,...
Friday 1 November 2024
ASEH steps up advanced packaging capacity expansion
OSAT ASE Technology (ASEH) has stepped up its pace of capacity expansion for advanced packaging to meet demand for AI device applications, which it anticipates to be a continual growth...
Friday 1 November 2024
Intel posts deepening loss due to restruction, but analysts eye potential turnaround
Intel reported deepening losses amid ongoing restructuring efforts, with Intel Foundry incurring an operating loss of US$5.8 billion. However, the results exceeded analyst expectations,...
Friday 1 November 2024
Dixon to make notebooks for top vendors in India, becoming largest beneficiary of scrutiny against Chinese investments
Dixon Technologies, the largest India-based EMS/ODM, said it had bagged orders of four out of five top PC brands in India. The company is expanding its mobile phone manufacturing...
Thursday 31 October 2024
GF aims to revitalize foundry business in China with team expansion planned for 2025
GlobalFoundries (GF) is looking to revitalize its operations in China. K.C. Ang, who became GF's president for Asia and chairman for China earlier this year, recently said at an annual...
Thursday 31 October 2024
Samsung breaks record in sales in 3Q24, memory business still falls short
Samsung Electronics achieved a historic high in revenue for the third quarter of 2024. Yet, overall operating profit fell short of market expectations, primarily due to one-time expenses...
Thursday 31 October 2024
Alphabet's AI investments accelerate GCP growth in 3Q24
Alphabet released its financial results for the third quarter of 2024 on October 29, showing accelerated growth in Google Cloud, indicating that the company's long-term investment...
Thursday 31 October 2024
AI data centers to drive 2025 growth, says Delta
"AI will continue to drive growth for the company in 2025", says Ping Cheng, the chairman and CEO of leading power supply specialist Delta Electronics. His optimism followed the generative...
Thursday 31 October 2024
Second place foundry stakes: Samsung and Intel seek strategic overhaul under TSMC's shadow
Regardless of Samsung and Intel's third-quarter earnings, the real story isn't in comparing them to TSMC. What's critical now is each company's internal recalibration and its leadership's...
Thursday 31 October 2024
Former Samsung talent flock back to SK Hynix amidst shattering profit records
SK Hynix has demonstrated impressive performance, attracting former employees who had moved to Samsung Electronics (Samsung) back to its ranks. South Korean media analysis indicates...
Thursday 31 October 2024
Microsoft reports strong cloud-driven results, aggressively acquiring Blackwell chips to stay ahead
Microsoft reported robust financial results for the first quarter of fiscal year 2025, with revenue reaching US$65.59 billion, primarily driven by its cloud business. Azure demonstrated...
Wednesday 30 October 2024
CIS packaging firm Tong Hsing projects seasonal decline in 4Q24, cautious growth outlook for 2025
The semiconductor packaging specialist and Yaego Group affiliate Tong Hsing Electronics reported that seasonal patterns in 2024 have differed from previous years, with revenue remaining...
Wednesday 30 October 2024
Yageo sees demand growth for AI, challenges for industrial control devices
Yageo, a maker of passive components, remains optimistic about AI demand but expresses caution regarding the demand for industrial control applications. The company anticipates a...