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Wednesday 7 August 2024
AI smartphones drive market growth as lower-end segment stalls
AI smartphones have gained popularity among consumers, becoming a major driving force behind the overall mobile phone shipments in 2024. However, persistently stagnant demand for...
Wednesday 7 August 2024
Rohm profits plunge amid weak industrial chip demand and surging investment costs
Rohm reported a declining performance over the past quarter due to sluggish sales of industrial chips and increased depreciation and research costs related to expanding production...
Wednesday 7 August 2024
AP Memory sees revenue, gross margin improve in 2Q24
AP Memory Technology, which specializes in customized IoT RAM and other DRAM memory, saw its revenue and gross margin rebound in the second quarter of 2024, thanks to increased demand...
Wednesday 7 August 2024
Taiwan IC backend houses optimistic about growth prospects for 2H24
Taiwan-based IC backend firms are optimistic about the overall recovery in the market in the second half of this year, with particular focus on the robust demand for AI processors,...
Tuesday 6 August 2024
Samsung Electro-Mechanics and LG Innotek post strong 2Q24 results eyeing further growth
South Korea's leading component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have defied the traditional second-quarter slump with impressive results, driven by recovering...
Tuesday 6 August 2024
Zhen Ding sees strong July performance and expects continued demand across sectors
Following a 37% surge in sales during the off-season second quarter, PCB giant Zhen Ding reported robust performance in July. The company anticipates strong demand momentum across...
Tuesday 6 August 2024
AI gamble looms large as Apple seeks to revive iPhone sales in China
Apple's iPhone sales slipped 1% year-over-year in the April-June quarter of 2024, primarily due to continued weak shipments in Greater China. The tech giant's ability to reignite...
Tuesday 6 August 2024
Largan Precision expects near-full capacity in 2H24 amid strong demand
Largan Precision reported a surge in revenue for July as the company entered the peak season. It anticipates that most of its facilities will operate at full capacity in the second...
Tuesday 6 August 2024
Foxconn set record July sales driven by AI and consumer electronics growth
Foxconn has reported record-breaking July sales, propelled by AI-driven growth in its cloud and networking business, as well as a product ramp in its smart consumer electronics division...
Monday 5 August 2024
Nintendo sees record profit fall as Switch ages
After eight years on the market, Nintendo's sales have dropped significantly, primarily due to the absence of major blockbuster games to boost demand.
Monday 5 August 2024
Apple's Chinese revenue falls short amidst rising competition; reliance on Apple Intelligence proves challenging
Apple reported weaker-than-expected revenue in China, facing increasing competition from Chinese rivals. The company's only recourse is to leverage Apple Intelligence to counter these...
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
TDK sees major gains from AI and smartphone boom, yen depreciation boosts profits
The launch of generative AI-capable devices and a significant increase in smartphone replacements have led to substantial growth in TDK's small lithium-ion battery segment. Moreover,...
Monday 5 August 2024
Samsung's mobile division sees profit decline in 2Q24 amid rising material costs
Samsung Electronics has released its financial report for the second quarter of 2024, revealing that its Mobile Experience (MX) division, despite showing improved revenue compared...
Monday 5 August 2024
Apple faces tough road ahead in China despite growing revenue
Apple announced stellar results for the second quarter of 2024, with record-high revenue fueled by strong sales of iPads, PCs, and services. However, the company's performance in...