Reports indicate that Xiangdixian, a China-based GPU design house considered a potential rival to Nvidia, has declared bankruptcy due to cash flow issues and has laid off nearly 400...
Due to oversupply in the solar industry in 2024, supply chain quotes have continued to plummet, leading to a wave of bankruptcies across the sector. According to industry insiders,...
SpaceX's satellite internet service, Starlink, has successfully generated positive cash flow. However, replicating this achievement seems daunting for competitors.
Denso and Mitsubishi Electric have agreed to invest an aggregate US$1 billion in Coherent's silicon carbide (SiC) business. The transaction results from the strategic review process...
Jiangsu Changjiang Electronics Technology (JCET), the largest China-based OSAT company, has reported revenue and net profits for 2022 both hit record highs of CNY33.76 billion (US$4.91...
With PC sales set to disappoint, PC suppliers may have to monitor their inventories and cash flow management in the second half of 2022, according to industry sources.
Huawei founder Ren Zhengfei has warned company staff of tough times ahead for the tech player, highlighting that China will face lackluster economic prospects and global economic...
Macro headwinds have led to growing demand-side uncertainties but have had a limited impact on Hon Hai Technology Group's (Foxconn) operations thus far this year, according to James...
Brand PC vendors may start seeing their cash flows affected negatively by shipment slowdowns and the risk of inventory losses in the second half of 2022, according to industry sour...
