CONNECT WITH US
NEWS TAGGED BUSINESS
Thursday 8 August 2024
Fostered by TTA, Taiwan-based startups demonstrate generative AI strength
Not only does generative AI spark revolutionary changes with applications growingly spanning across all industries, but it has also become the first solution that companies choose...
Thursday 8 August 2024
UK approves HPE's acquisition of Juniper Networks
The UK antitrust regulator has approved Hewlett Packard Enterprise's acquisition of Juniper Networks. The deal, which seeks to position the combined entity as a major player in AI...
Wednesday 7 August 2024
TSMC demand and Kumamoto lab boost MA-tek's July 2024 revenue to record high
Driven by increasing AI demand and significant growth in its Japan-based laboratory operations, semiconductor inspection giant MA-tek reported record-breaking monthly revenue of NTD...
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
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...
Wednesday 7 August 2024
PMIC firm uPI expects flat to slight growth in 3Q24
Power management IC maker uPI Semiconductor expects the back-to-school season to drive computing-related demand in the third quarter of 2024, according to CEO Daniel Huang, but overall...
Wednesday 7 August 2024
Taiwan based DDI makers navigate intensifying Chinese price competition
The ongoing price competition in the Chinese display driver IC (DDI) market has compelled Novatek Microelectronics and other Taiwan-based DDI suppliers to expand their target markets...
Tuesday 6 August 2024
Zhen Ding sees strong July performance and expects continued demand across sectors
Following a 37% surge in sales during the off-season second quarter, PCB giant Zhen Ding reported robust performance in July. The company anticipates strong demand momentum across...
Tuesday 6 August 2024
MediaTek confident in ASIC business growth
MediaTek is confident in the stability and resilience of its ASIC business between 2025 and 2028 and is committed to bolstering the ecosystems of related industries, according to...
Tuesday 6 August 2024
Foxconn set record July sales driven by AI and consumer electronics growth
Foxconn has reported record-breaking July sales, propelled by AI-driven growth in its cloud and networking business, as well as a product ramp in its smart consumer electronics division...
Monday 5 August 2024
Former Tesla executive launches Xelerate Ventures to propel AI for Good in Taiwan
Former Tesla APAC Head of Technology Leo Liu is charting new territory with the launch of Xelerate Ventures, targeting startups dedicated to "AI for Good" initiatives. As he extends...
Monday 5 August 2024
Intel's cost reduction plan only temporary fix amidst disappointing 2Q24
Intel reported a US$1.6 billion net income loss in the second quarter, a significant decline compared with the US$1.48 billion in net income it recorded during the same period in...
Monday 5 August 2024
Apple faces tough road ahead in China despite growing revenue
Apple announced stellar results for the second quarter of 2024, with record-high revenue fueled by strong sales of iPads, PCs, and services. However, the company's performance in...
Friday 2 August 2024
GUTC leverages Fab 4.0 expertise to solve chip industry pain points
Aided by its outstanding capabilities in building Fab 4.0 smart factories, Grade Upon Technology Corp (GUTC) has successfully penetrated the supply chains of leading wafer foundries...
Friday 2 August 2024
AUO charts new course: Focusing on smart mobility and vertical solutions beyond displays
Taiwanese panel giant AUO is undergoing a significant transformation to diversify its business and reduce reliance on the cyclical display panel market. The company is focusing on...