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Tuesday 5 November 2024
Southeast Asia's digital economy slows as consumers cut spending
Southeast Asia's internet economy will log its slowest growth on record this year, a group of researchers said, underscoring weakness in consumer demand and a push to show profits...
Tuesday 5 November 2024
NXP forecasts lower 4Q24 results due to falling auto chip demand and macro issues
NXP Semiconductors anticipates that its revenue and profit performance for the fourth quarter of 2024 will be below market expectations, with an estimated range of US$3 billion to...
Tuesday 5 November 2024
Meta ups investment in AI and XR despite rising losses, eyes 2025 growth
Meta Platforms has raised its 2024 capex forecast to between US$38 billion and US$40 billion, slightly above its earlier projection of US$37 billion to US$40 billion. This adjustment...
Tuesday 5 November 2024
Ilitek prepares for 2025 expansion with OLED, auto and notebook DDI portfolio
Display driver IC (DDI) specialist Ilitek is poised to re-enter the capital market in late November as ITH Corporation. Ahead of ITH's upcoming listing on the stock market, chairman...
Tuesday 5 November 2024
New iPhone sales in China are challenging to penetrate
Apple's initial sales of the iPhone 16 this year have surpassed those of the iPhone 15 in 2023, leading to better-than-expected performance in Apple's third-quarter financial report...
Tuesday 5 November 2024
CHPT posts double-digit revenue increases in October
Chunghwa Precision Test Tech (CHPT), a developer of IC test interface solutions, experienced double-digit revenue growth on both an annual and sequential basis in October 2024 as...
Monday 4 November 2024
Nvidia steps in to restructure Supermicro orders, reshaping AI supply chain
Leading AI server manufacturer Supermicro, previously delisted in 2018 for non-compliance in financial reporting, has once again found itself in turmoil. Reportedly, if it does not...
Monday 4 November 2024
CHPT anticipates full-year quarterly growth, secures new US HPC orders for 4Q24
Chunghwa Precision Test Tech. (CHPT) expects consistent quarterly growth, with fourth-quarter revenue set to benefit from new high-performance computing (HPC) test board orders and...
Monday 4 November 2024
Parade sees strong 1Q25, with USB4 retimer chips driving growth
High-speed transmission chip maker Parade Technologies has stated that its USB4 retimer chips, primarily targeting PC and notebook applications, will remain the principal growth driver...
Monday 4 November 2024
LG Innotek and Semco underperform for 3Q24; both pin their hopes on AI
The two major South Korean component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have released their financial reports for the third quarter of 2024, with performance...
Monday 4 November 2024
NEC backs Rapidus amid concerns over TSMC's market dominance
In a recent interview, NEC President Takayuki Morita expressed concerns about the semiconductor industry's heavy dependence on TSMC, aligning with NEC's strategic investment in Rap...
Friday 1 November 2024
AI boosts optical communication: FICG chairman describes demand as "overwhelming"
FIC Global (FICG) chairman Leo Chien highlighted the soaring demand for optical communication modules driven by AI. To meet growing demand, FICG plans to establish a new plant in...
Friday 1 November 2024
Samsung MX reports 14.5% YoY decline in 3Q24 profits, eyes AI and new mobile phone form factors for future growth
Samsung Electronics (Samsung) has released its financial report for the third quarter of 2024, revealing a 14.5% year-over-year decline in operating profit for its Mobile Experience...
Friday 1 November 2024
LG's transformation pays off, delivering record-high 3Q24 results on 3 core pillars
LG Electronics' strategic transformation efforts are paying off, as evidenced by its record-breaking third quarter 2024 performance, driven by three core pillars: operational efficiency,...
Friday 1 November 2024
Packaging materials supplier CWE optimistic about future growth momentum
Chang Wah Electromaterials (CWE), a Taiwan-based semiconductor materials distributor, has reported revenue and profit margin increases for the third quarter of 2024, driven by stronger...