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Thursday 24 October 2024
Zomato's second-quarter results surpass expectations, but aggressive expansion costs loom
Zomato's second-quarter financial results surpassed market expectations, driven by robust revenue growth across segments and improved profitability. However, analysts warn that the...
Wednesday 23 October 2024
UMT secures US$3.7 million in satellite orders as industry demand surges
Universal Microwave Technology (UMT) reported that cumulative orders from low-Earth orbit (LEO) satellite clients in 2024, including shipped and pending deliveries, have reached nearly...
Monday 21 October 2024
China aims to export nuclear tech but faces global skepticism
China is rapidly expanding its nuclear energy sector, with nuclear power currently accounting for only about 5% of its electricity generation compared to nearly 70% from coal. Despite...
Monday 21 October 2024
Oversupply of SiC substrates drives prices down, challenging GaN market
The significant expansion of Chinese manufacturers' SiC substrate production capacity in 2024 has led to oversupply and a sharp decline in prices, rapidly expanding the applicable...
Friday 18 October 2024
Infinera secures US$93 million CHIPS Act funding to expand photonic chip production and packaging
The US Department of Commerce has partnered with Infinera through the CHIPS and Science Act, signing a non-binding memorandum to provide up to US$93 million in funding. This investment...
Friday 18 October 2024
Has ASML's China boom finally hit a wall?
ASML's late-night financial report landed like a "depth charge" in the semiconductor industry, exposing the fragility of the AI-driven demand surge. Orders from China, which had bolstered...
Friday 18 October 2024
Foxconn expands into AI with ambitions of forming full supply chain
With the surging demand for computing power driven by artificial intelligence (AI) applications, the AI market continues its rapid expansion.
Thursday 17 October 2024
China imposes restrictions on SiC expansion
Thanks to improving yields in producing silicon carbide (SiC), China has achieved an abundant supply of substrates, even resulting in oversupply. The country has reportedly begun...
Wednesday 16 October 2024
2025 DRAM expansion strategies: Samsung's conservative approach vs. SK Hynix's aggressive stance
The DRAM equipment investment plans of Samsung Electronics (Samsung) and SK Hynix in 2025 may vary based on the sales of high bandwidth memory (HBM).
Wednesday 16 October 2024
Wolfspeed secures US$750 million funding for US SiC production expansion
Wolfspeed, a US-based silicon carbide (SiC) chipmaker, has secured up to US$750 million in federal funding to construct a new wafer plant in North Carolina and expand its New York...
Wednesday 16 October 2024
CMI bets on high-speed FPC tech, plans Thailand expansion for 2H25
CMI, the leading flexible printed circuit (FPC) board manufacturer, held its earnings call on October 15. Ming-Feng Cheng, CMI's spokesperson, announced that future product development...
Tuesday 15 October 2024
Wolfspeed to strengthen U.S. silicon carbide manufacturing with $750 million CHIPS Act investment
The Biden-Harris Administration has announced a preliminary agreement with Wolfspeed, Inc. to bolster U.S. leadership in silicon carbide manufacturing through a proposed US$750 million...
Tuesday 15 October 2024
ElevATE partners with Polar Semiconductor for advanced manufacturing
ElevATE Semiconductor and Polar Semiconductor have formed a strategic alliance to develop and produce ElevATE products used by world-class ATE equipment and semiconductor manufactu...
Tuesday 15 October 2024
Two factors mitigate serious threats from China's memory chip production expansion, says industry experts
The memory industry is facing noise regarding market supply and demand imbalances. The rapid capacity expansion by Chinese memory manufacturers has raised concerns regarding its impact...
Monday 14 October 2024
From phones to EVs: Foxconn doubles down on China's Zhengzhou investments
In response to geopolitical shifts and evolving client demands, Foxconn has been investing heavily in manufacturing expansion across Vietnam, India, and Mexico. Meanwhile, its recent...