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Wednesday 26 February 2025
Garmin hits record-high revenue in 2024 with another 8% growth expected in 2025
Garmin, the global leader in GPS navigation and smart wearables, has announced its 2024 financial results, reporting a record-breaking revenue of US$6.3 billion, marking a 20% year-over-year...
Wednesday 26 February 2025
China's mature-node foundry price war eases as global clients shift orders
China's aggressive price war in mature-node wafer manufacturing appears to be stabilizing, as Vanguard International Semiconductor (VIS) reports shifting customer orders. Chairman...
Wednesday 26 February 2025
ChipMOS forecasts modest 1Q25 revenue decline; aims to raise utilization
Shih-Jye Cheng, chairman of ChipMOS, a leading memory packaging and testing company, announced that the company's first-quarter revenue is expected to experience modest declines,...
Wednesday 26 February 2025
Winmate to acquire majority stakes in Swiss firms PSD and PVD in European expansion
In a strategic move to boost its market integration, Winmate is acquiring 50-60% stakes in Swiss companies Primelco System Device (PSD) and Primelco Visual Data (PVD) for CHF 6.35...
Wednesday 26 February 2025
GlobalWafers profitability impacted by loss from Siltronic investment
Taiwan-based GlobalWafers has reported sharp declines in profits for 2024, mainly as a result of mark-to-market valuation changes on its holdings of Germany-based Siltronic AG shar...
Wednesday 26 February 2025
SK Hynix to finalize Intel NAND takeover in March, cementing eSSD leadership
SK Hynix will finalize its acquisition of Intel's NAND flash business, now rebranded as Solidigm, in March 2025. This strategic move strengthens its enterprise SSD (eSSD) market position...
Wednesday 26 February 2025
Strong semiconductor demand drives Everlight Chemical's electronic chemicals growth
Driven by the demand for semiconductors, mini-LED, and micro-LED technologies, Everlight Chemical saw robust revenue performance in its electronic chemicals segment throughout 2024...
Wednesday 26 February 2025
Dixon Technologies eyes expansion of electronics manufacturing footprint
Dixon Technologies, India's largest electronics manufacturing services (EMS) provider, has experienced rapid annual growth and is looking to double revenue, demonstrating that "Make...
Tuesday 25 February 2025
Flexium aims for profitability through AI server supply chain integration
Flexium, a flexible circuit board manufacturer, held an investor briefing indicating that 2024 will be a year of transformation challenges. After the operational low in the fourth...
Tuesday 25 February 2025
Ennostar expects revenue growth in 2025 despite first-quarter challenges
Ennostar faced a loss in the fourth quarter due to inventory adjustments and the off-peak season but expects similar results in the first quarter of 2025 despite fewer working days,...
Tuesday 25 February 2025
Wistron to boost AI investment by 77% in 2025
Wistron is doubling down on artificial intelligence (AI), signaling its intent to capitalize on the surging demand for AI technologies. Chairman Lin Hsien-Ming recently announced...
Tuesday 25 February 2025
Chroma ATE hits record 2024 profits, targets 2025 growth in semiconductors, AR glasses, and AI servers
Chroma ATE, Taiwan's leading supplier of automated testing and measurement equipment, achieved a milestone in 2024, posting its highest post-tax net profits in 40 years. Looking ahead...
Tuesday 25 February 2025
EV dead end: Nikola's fall highlights financial and supply woes for startups
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached...
Tuesday 25 February 2025
Honor Seiki bets on aerospace, hydrogen as expansion lifts growth
Honor Seiki forecasts double-digit revenue growth by 2025, though profits will see modest gains due to expansion costs. General Manager Zheng Jun Chen said aerospace and hydrogen...
Tuesday 25 February 2025
Wistron achieves record-high net profit for 2024
Wistron Corporation held its board of directors meeting on the 24th, approving the financial report for fiscal year 2024.