CONNECT WITH US
NEWS TAGGED LOSS
Monday 2 September 2024
Huawei sells new AITO M7 Pro at a loss using different strategy from Xiaomi
HIMA unveiled car models from its subsidiaries AITO, Luxeed, Stelato, and Maextro at a product launch on August 26.
Friday 30 August 2024
Xiaomi reports strong 2Q24 results, aims to meet EV delivery target by year-end
Xiaomi released its financial report on August 21, which announced a revenue of CNY$88.9 billion (US$12 billion) with an annual increase of 32%. This quarterly statement has been...
Wednesday 28 August 2024
Apple's 2H24 production ramp-up gradually resumes as touchscreen supply chain stabilizes
Affected by market destocking adjustments, Apple's operations continue to show lackluster performance as the peak season for 2024 is delayed. Recently, the supply chain has reported...
Friday 23 August 2024
Network solutions to drive growth for IT equipment maker Hauman in 2024
Taiwanese IT and semiconductor equipment maker Hauman Technologies expects record revenue from its IT network division in 2024, driven by increasing demand for digital transformation...
Thursday 15 August 2024
Ola Electric reports wider loss after IPO debut
Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses.
Tuesday 13 August 2024
Intel faces mounting challenges under Gelsinger
Since taking the helm in February 2021, Intel CEO Pat Gelsinger has grappled with mounting losses at the company's foundry division. A critical challenge is establishing Intel Foundry...
Tuesday 13 August 2024
Taiwan display panel makers post mixed July results
Taiwan-based panel makers AU Optronics (AUO) and Innolux both saw revenues fall in July, while HannStar Display and Giantplus Technology reported strong rebounds for the month.
Friday 9 August 2024
TASC seeking new SiC manufacturing site
Taiwan-Asia Semiconductor Corporation (TASC) is actively boosting its silicon carbide (SiC) production capacity and is currently in talks to select a location for a new factory. If...
Monday 5 August 2024
Slowing automotive demand hits Novuton
Nuvoton Technology, which is focused on growing its automotive and industrial control businesses, reported an unusual quarterly loss in the second quarter of 2024.
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
What went wrong with Intel? Its backyard is on fire
Intel's recent announcement to cut 15% of its workforce (approximately 15,000 employees) and reduce capital expenditures to save US$10 billion may undermine its goal of reclaiming...
Wednesday 31 July 2024
PTI gearing up for AI SoC boom with FOPLP
Backend house Powertech Technology (PTI), with its fan-out panel-level packaging (FOPLP) technology, is targeting AI SoC market potential, and expects AI-related revenue to account...
Thursday 4 July 2024
Japan's JSR expands beyond photoresist with state capital injection
Japan's major semiconductor photoresist supplier, JSR, is set to expand into chip packaging and biotech materials with substantial capital support from the government-funded Japan...
Thursday 27 June 2024
AI drives Micron turnaround to profit with future price hikes expected
Micron announced substantial growth in its latest financial results.
Wednesday 26 June 2024
Sumitomo Chemical downsizes LCD materials, scales up investment in semiconductor materials
Japan-based Sumitomo Chemical is refining its growth strategy by downsizing its LCD component business while expanding its semiconductor materials division.
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research