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Friday 2 August 2024
Intel announces cost reduction plan, expects to reduce tile production outsourcing to TSMC in 2026
Intel has unveiled a cost reduction plan involving significant layoffs, substantial cuts in operating expenses, and a sharp reduction in capital expenditures (capex). The announcement...
Friday 2 August 2024
Amazon to ramp up capex for AWS and AI
Amazon's AWS division continued to gain momentum despite reporting lower-than-expected revenue. The company plans to boost its capital expenditures to accommodate the growing demand...
Thursday 1 August 2024
LandMark projects 3Q24 growth from silicon photonics surge for AI, data center apps
Epitaxial wafer manufacturer LandMark Optoelectronics expects its product mix improvement to drive revenue and profit growth in the third quarter, as US silicon photonics customers...
Thursday 1 August 2024
CWE, CWTC drive growth through panel-level packaging and miniLED solutions
Chang Wah Electromaterials (CWE), a Taiwanese supplier of semiconductor and electronics materials and equipment, is transitioning from 12-inch wafer-level packaging to panel-level...
Thursday 1 August 2024
IC design houses see lower 3Q24 order visibility despite peak season
IC design houses, including Realtek Semiconductor and RichWave Technology, have expressed a less optimistic outlook for the third quarter of 2024 due to lower-than-anticipated order...
Thursday 1 August 2024
Lenovo aims for all PCs to be equipped with AI by 2027 and smartphones to achieve double-digit growth
Luca Rossi, president of Lenovo's Intelligent Devices Group (IDG), stated that all Lenovo PC products will feature AI functions by 2027. Additionally, Lenovo aims to enhance its smartphone...
Thursday 1 August 2024
Dixon doubles sales and profit amid Indian smartphone localization
India-based EMS giant Dixon Technologies doubled its sales and profits in the past quarter. The company anticipates a 10 million unit increase in smartphone production capacity following...
Thursday 1 August 2024
Qualcomm reports strong Q3 results but expects flat handset market growth in 2024
Despite achieving results at the top end of its guidance, Qualcomm anticipates stable performance in the smartphone and automotive markets, even as it expands its market share in...
Thursday 1 August 2024
AI drives record licensing revenue for Arm; 2025 guidance remains unchanged amid end-market uncertainties
Fueled by rising AI-driven demand for energy-efficient chips, Arm reported a 70% increase in its license revenue. Although royalty revenue from smartphones grew by 50%, the results...
Thursday 1 August 2024
Unimicron reports quarterly growth as LEO satellite demand boosts HDI revenue
Unimicron, Taiwan's leading ABF carrier board manufacturer, is experiencing a gradual recovery in the semiconductor industry as consumer electronics and PC/NB products return to their...
Wednesday 31 July 2024
MCU firm Holtek sees flat revenue, margin in 3Q24
Recognizing the persisting headwinds in the current MCU market conditions, Holtek Semiconductor expects flat sequential revenue and gross margin growth in the third quarter of 2024...
Wednesday 31 July 2024
Faraday expects 10% revenue growth in 3Q24
Faraday Technology, a Taiwan-based provider of fabless ASIC services and silicon IP, anticipates a sequential increase in revenue of approximately 10% in the third quarter of 2024...
Wednesday 31 July 2024
Yageo sees AI drive passive component demand
Yageo believes AI will fuel passive component demand, with operations improving further in the third quarter of 2024.
Wednesday 31 July 2024
Orbray outlines 2029 IPO plan buoyed by diamond substrate opportunities
Japan-based Orbray plans to go public by 2029, aiming to raise up to JPY 10 billion. The company intends to strengthen production at its Akita factories and targets JPY 40 billion...
Wednesday 31 July 2024
Samsung earnings report surges in Q2 revenue and profits amid strong display sales
Samsung Electronics announced its financial results for the second quarter of 2024, reporting revenue of KRW74.07 trillion (approximately US$53.3 billion) and an operating profit...