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Thursday 24 April 2025
IBM posts slight revenue increase, AI demand grows
IBM's first quarter results for 2025 showed a slight revenue rise to US$14.54 billion, a 0.5% increase year over year and just above analysts' expectations of US$14.4 billion.
Tuesday 22 April 2025
Hygon delivers blowout 1Q results amid surge in domestic AI, compute demand
On April 22, Hygon Information Technology, a top Chinese high-performance chipmaker, posted its first-quarter 2025 earnings, surpassing analyst forecasts. Driven by accelerating demand...
Tuesday 22 April 2025
Goertek's 1Q25 paradox: sinks in sales, soars in profit with AR/VR in focus
Goertek Inc., headquartered in Shenzhen, published its first-quarter 2025 earnings on April 21, reporting sharp revenue declines both annually and sequentially. Despite this, the...
Monday 21 April 2025
Lens Technology beats forecasts in 1Q25 with 39% profit surge, margin gains
Lens Technology exceeded market expectations in the first quarter of 2025, posting revenue of CNY17.063 billion (US$2.34 billion), a 10.1% increase compared to the same period last...
Thursday 27 March 2025
AI, smart devices lift Goertek to CNY100B revenue milestone in 2024
Goertek, a leading Chinese supplier of precision components and smart hardware, bucked the downturn in the global consumer electronics market with a strong 2024 earnings report. Annual...
Friday 24 January 2025
TI outperforms market expectations despite a downturn in automotive and industrial sectors
Texas Instruments (TI)'s latest financial results for the fourth quarter show a nuanced performance, with overall revenue slightly declining yet exceeding market forecasts, indicating...
Friday 27 December 2024
Chinese flexible OLED pioneer fails to attract bidders in bankruptcy auction
Royole Technologies, once a leading innovator in flexible OLED panels, has seen its assets go unsold in multiple auctions following its bankruptcy filing in a Shenzhen court in November...
Tuesday 17 December 2024
Xiaomi's CNY100 billion cash reserve is seen as lifeline for its automotive ambitions
Given the current competitive landscape among Chinese automakers, it is not surprising that new entrants face challenges in vehicle manufacturing. However, Ji Yue's recent turmoil...
Wednesday 27 November 2024
SK Hynix announces 25% hike in dividend in new shareholder return program
SK Hynix Inc. announced today a new program on shareholder return for the 2025-27 period and the "Value Up" plan aimed at boosting corporate value.
Monday 2 September 2024
Chinese GPU startup, potential Nvidia rival, denies bankruptcy despite organizational adjustment
Reports indicate that Xiangdixian, a China-based GPU design house considered a potential rival to Nvidia, has declared bankruptcy due to cash flow issues and has laid off nearly 400...
Thursday 29 August 2024
Solar module industry in bankruptcy crisis amid oversupply
Due to oversupply in the solar industry in 2024, supply chain quotes have continued to plummet, leading to a wave of bankruptcies across the sector. According to industry insiders,...
Wednesday 15 November 2023
What challenges does Starlink's positive cash flow unveil for competitors?
SpaceX's satellite internet service, Starlink, has successfully generated positive cash flow. However, replicating this achievement seems daunting for competitors.
Wednesday 11 October 2023
Coherent SiC biz to draw investment from Denso, Mitsubishi Electric
Denso and Mitsubishi Electric have agreed to invest an aggregate US$1 billion in Coherent's silicon carbide (SiC) business. The transaction results from the strategic review process...
Thursday 6 April 2023
JCET reports record revenue, profit for 2022
Jiangsu Changjiang Electronics Technology (JCET), the largest China-based OSAT company, has reported revenue and net profits for 2022 both hit record highs of CNY33.76 billion (US$4.91...
Friday 16 September 2022
PC suppliers urged to keep eye on inventory, cash flows in 2H22
With PC sales set to disappoint, PC suppliers may have to monitor their inventories and cash flow management in the second half of 2022, according to industry sources.