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Wednesday 7 August 2024
WT Micro sees inventory correction for automotive, industrial ICs persist
IC distributor WT Microelectronics (WT Micro) expects inventory adjustments for automotive and industrial ICs to persist through the end of this year, with more room for growth once...
Wednesday 7 August 2024
Raydium reports strong 2Q24 results but keeps cautious for 3Q24
Display driver IC (DDI) manufacturer Raydium has announced its consolidated financial report for the second quarter of 2024, with revenue reaching NT$6.45 billion (US$206.4 million),...
Wednesday 7 August 2024
Taiwan IC backend houses optimistic about growth prospects for 2H24
Taiwan-based IC backend firms are optimistic about the overall recovery in the market in the second half of this year, with particular focus on the robust demand for AI processors,...
Tuesday 6 August 2024
WT Microelectronics forecasts semiconductor market rebound by 2025 despite current challenges
On August 6th, WT Microelectronics, a leading IC distributor based in Taiwan, held its investor conference where Chairman Eric Cheng expressed confidence that current semiconductor...
Tuesday 6 August 2024
China foundries prioritize mature nodes for capacity growth, limiting capacity for NOR flash
China-based foundries are rapidly expanding their capacity for mature logic IC processes, limiting local NOR production capability. As a result, global NOR flash supply and demand...
Tuesday 6 August 2024
MediaTek eyes growth potential in India's automotive market
MediaTek, the leading smartphone AP supplier in India, sees the country as a promising market for its automotive technology. The company is focusing on providing scalable hardware...
Tuesday 6 August 2024
UK government scraps US$1.7 billion in AI and supercomputer funding
One month into the UK's new Labour government taking office, the shelving of key AI projects has signalled a major shift in the country's tech policies. Recent reports indicate that...
Tuesday 6 August 2024
Samsung Electro-Mechanics and LG Innotek post strong 2Q24 results eyeing further growth
South Korea's leading component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have defied the traditional second-quarter slump with impressive results, driven by recovering...
Tuesday 6 August 2024
iPad, Mac sales surge as AI and M4 chips poised to drive consumer demand in late 2024
Apple's financial report for the third quarter of fiscal year 2024 revealed impressive results for the iPad and Mac series, with the iPad showing particularly strong performance....
Tuesday 6 August 2024
Silicon wafer shipments increase in 2Q24
Worldwide silicon wafer shipments increased 7.1% quarter-on-quarter to 3.035 billion square inches in the second quarter of 2024, but saw an 8.9% decline from the 3.33 billion square...
Tuesday 6 August 2024
AI data center chip demand to slow beyond 2026, says Omdia
The current hypergrowth in GPUs and other accelerator chips for AI in the cloud and the data center will eventually decelerate but not until it has transformed the industry, according...
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
AI gamble looms large as Apple seeks to revive iPhone sales in China
Apple's iPhone sales slipped 1% year-over-year in the April-June quarter of 2024, primarily due to continued weak shipments in Greater China. The tech giant's ability to reignite...
Tuesday 6 August 2024
LITE-ON expects US$314 million in value from Vietnam plant amid imminent Dallas plant launch
LITE-On's Vietnam-based plant growth is projected to reach NT$10 billion in 2025, having also incorporated servers and casings into its production line. It has the potential to become...
Tuesday 6 August 2024
FII reports record half-year performance thanks to AI
Benefiting from the ongoing growth driven by the AI server industry, Foxconn Industrial Internet (FII) reported its highest half-year revenue and net profit since going public in...