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NEWS TAGGED LOSS
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.
Thursday 30 May 2024
Apple iPhone order loss threatens Coherent's UK chip plant closure
US semiconductor manufacturer Coherent is facing the potential closure or sale of its 29,000-square-meter wafer fab in Newton Aycliffe, County Durham, UK.
Monday 27 May 2024
Will Chinese EV makers leverage declining sales to limit losses?
The cutthroat price competition in China in the past year has pressured many local automakers, resulting in significant losses. Some companies might have accepted their falling EV...
Wednesday 15 May 2024
Tablet and headset shipments increase, GIS turns loss into profit in 1Q24
Apple's supply chain experienced inventory adjustments in the market, with the launch of new products in 2024 driving the recovery of supply chain operations.
Tuesday 14 May 2024
Intel names new head for foundry services
Intel has announced the appointment of Kevin O'Buckley as senior VP and GM of Foundry Services, the customer service and ecosystem operations division of Intel Foundry. O'Buckley...
Friday 10 May 2024
TASC board undergoes major transformation as equipment depreciation impacts short-term profitability
Taiwan-Asia Semiconductor Corporation (TASC), in its transition from optoelectronic sensing, reported a post-tax loss of NT$38 million in the first quarter of 2024.
Friday 26 April 2024
LMOC incurred net loss in 1Q24 despite SiPh shipment reaching record high
Despite Silicon Photonics (SiPh) shipments reaching a record high, LandMark Optoelectronics Corporation (LMOC) incurred a net loss of NT$47 million in the first quarter of 2024, marking...
Friday 26 April 2024
LGD eyeing return to profitability in 2H24
LG Display (LGD) reported a year-on-year improvement in revenue and operating losses for the first quarter of this year. The firm aims to return to profitability in the second half...
Friday 19 April 2024
TSMC to recognize earthquake damage losses of NT$3 billion in 2Q24
After releasing its first quarter financial results on April 18, TSMC issued another important news release later in the evening to explain the impact of the April 3 earthquake.