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Friday 25 October 2024
Tongtai expands semiconductor presence with PCB, FOPLP solutions
Tongtai Machine & Tool is intensifying its expansion into the semiconductor sector, targeting automotive, aerospace, medical, and electronic semiconductors. The company forecasts...
Friday 25 October 2024
TSMC to see handset chip orders exceed NT$1 trillion in 2024
Despite a rumored drop in iPhone 16 orders, TSMC's handset chip revenue is expected to exceed NT$1 trillion (US$31 million) in 2024, according to supply chain sources.
Friday 25 October 2024
Reported iPhone 16 production cut could hurt Pegatron
Market sources indicate that Apple is reducing iPhone 16 orders by approximately 10 million units starting from the fourth quarter of 2024 through the first half of 2025, putting...
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...
Thursday 24 October 2024
Phison sees enterprise SSD customization prospects
NAND flash device controller specialist Phison Electronics will focus its development efforts on enterprise-level SSDs over the next five years, according to company CEO KS Pua.
Thursday 24 October 2024
SK Hynix announces 3Q24 financial results
SK Hynix announced today that it recorded KRW17.5731 trillion (approx. US$12.7458 billion) in revenues, KRW7.03 trillion in operating profit (with an operating margin of 40%), and...
Thursday 24 October 2024
Taiwan's Song Chuan eyes 70% revenue from EVs, renewable energy as demand soars
Song Chuan Precision, Taiwan's largest relay manufacturer, is capitalizing on the growing demand for EVs, solar energy, and energy storage. These sectors now account for 56% of the...
Thursday 24 October 2024
Lam Research signals declining Chinese revenue, eyes growth in advanced manufacturing and packaging
Following ASML's report of declining net bookings and anticipated lower revenue from China, Lam Research refrained from providing updated guidance for its fiscal year. The company...
Thursday 24 October 2024
LandMark optimistic about 2025 as 800G SiPh becomes mainstream
Optical epitaxy specialist LandMark Optoelectronics reported a gross margin increase to 27.58% in the third quarter of 2024, driven by silicon photonics (SiPh) shipments to high-speed...
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...
Wednesday 23 October 2024
AI penetration will be key to closing the substrate supply-demand gap, says industry
The second half of the year is typically a peak season for substrates. Despite market volatility, strong demand for AI continues to drive the global integrated circuit (IC) substrate...
Wednesday 23 October 2024
Material suppliers ride TSMC's 3Q24 momentum while cautious on non-AI sectors
TSMC's financial report for the third quarter of 2024 has not only delivered impressive results, but its AI prospects have instilled high confidence in the market, subsequently boosting...
Wednesday 23 October 2024
PSMC optimistic about 3D AI Foundry strategy amid third-quarter losses
Powerchip Semiconductor Manufacturing Corporation (PSMC) reported its earnings for the third quarter of 2024, indicating a continued increase in losses, which totaled NT$2.879 billion...
Wednesday 23 October 2024
TI reports declining financial performance, anticipates slight sales growth in current quarter
Texas Instruments (TI) announced its third-quarter 2024 financial results on October 22. Revenue for the third quarter totaled US$4.15 billion, down 8.4% compared to the same period...
Wednesday 23 October 2024
Will India hold key to Nvidia's future growth?
Jensen Huang, Nvidia's CEO, is scheduled to hold the Nvidia AI Summit India from October 23 to 25, marking his second visit to the country in about 13 months. This visit aims to capitalize...