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NEWS TAGGED BUSINESS
Friday 6 January 2023
Samsung issues profit warning due to unexpected business slump
Samsung Electronics issued a preliminary earnings statement on January 6 saying that its 4Q22 operating profit fell by 69% to KRW4.3 trillion (US$3.4 billion), hitting an 8-year low...
Wednesday 4 January 2023
IC designers expect business downturn to hit bottom in 1Q23
Taiwan-based IC design houses expect the current industry downturn to hit bottom in the first quarter of 2023, and a substantial recovery is not to come until the year's second hal...
Wednesday 4 January 2023
Memory chipmakers to see loss widen
Memory chipmakers including major ones are all expected to report operating losses for the fourth quarter of 2022, with their losses set to widen in the first quarter of 2023 due...
Friday 30 December 2022
Huawei declares 'business as usual' after weathering US curbs
Huawei Technologies Co. posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year.
Thursday 29 December 2022
Tatung upbeat about 2023 prospects as it ventures into new energy
Tatung is confident about its business prospects in 2023 as its core businesses grow in scale, according to company president Wang Chin-lai. Tatung has ventured into electricity power...
Thursday 29 December 2022
TSMC to scale up 3nm chip output in mid-2023
TSMC is expected to ramp up substantially its 3nm chip output starting mid 2023 to fulfill orders from multiple customers, according to sources at fab toolmakers.
Wednesday 28 December 2022
Clear growth trend of EVs aids business momentum of PCB suppliers
Looking back at 2022, Taiwanese suppliers in many sectors have been making plans for automotive use as car brands continue to dedicate themselves to EVs. Among them, the PCB sector...
Tuesday 27 December 2022
Can Huawei restore consumer business by stepping into EVs?
While China-based Huawei Technologies has been frustrated in smartphone business operation because the IC design subsidiary HiSilicon Technologies is running out of 5G smartphone-use...
Friday 23 December 2022
Demand for cloud services promising in Southeast Asia
Demand for cloud services is promising in Vietnam, Thailand, and other Southeast Asian countries, according to Linda Lin, general manager of eCloudvalley's cloud business unit.
Friday 23 December 2022
Intel struggles to maintain discrete GPU business
Intel may find it increasingly difficult to maintain its discrete GPU business amid macro challenges and intense competition from AMD and Nvidia, according to sources at graphics...
Friday 16 December 2022
Huawei Device to cooperate with CATL in EV business
Huawei Device, Huawei Technologies' subsidiary focusing on smartphones, PCs, notebooks and tablets, has signed an MoU with Contemporary Amperex Technology (CATL), the largest China-based...
Friday 16 December 2022
Notebook optical lens specialist AOET upbeat about demand prospects
Ability Opto-Electronics Technology (AOET), which specializes in optical lens modules for notebooks, is upbeat about demand prospects next year, citing new notebook camera specs upgrades,...
Friday 16 December 2022
Chengdu Silan raises CNY500 million to fund automotive IC packaging biz
Chengdu Silan Semiconductor Manufacturing, a subsidiary of discrete component IDM Silan Microelectronics, has raised CNY500 million (US$71.7 million) from two new Chinese investors...
Friday 16 December 2022
Network device maker CBN expanding contract manufacturing biz
Networking device provider Compal Broadband Networks (CBN) has started expanding its ODM business and is actively tapping into the 5G FWA CPE (customer premises equipment) and 10G-PON...
Thursday 15 December 2022
SK Hynix adjusts its foundry business to target Chinese and Korean markets
In response to the fierce competition in the foundry sector, South Korea's SK Hynix has not only accelerated its acquisition of Key Foundry in 2022 but also went through a massive...