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NEWS TAGGED REVENUE
Thursday 2 May 2024
AI server power supplies and cooling behind Lite-On's strong showing
Lite-On Technology reported NT$28.776 billion (US$882.5 million) in revenue for the first quarter of 2024, marking a decrease of 22% from the previous quarter, and a 15.8% drop yea...
Thursday 2 May 2024
Worst is over for MCUs, says Holtek president
With the destocking of Microcontroller Unit (MCU) inventories ending, Holtek Semiconductor believes the worst is over for MCUs and has seen its on-hand orders for the second quarter...
Thursday 2 May 2024
Specialty IC foundry VIS gains shifted orders from China
Taiwan-based Vanguard International Semiconductor (VIS) has reported first-quarter 2024 results that were somewhat better than expected. While facing market pricing competition from...
Thursday 2 May 2024
Samsung's 1Q24 revenue saw major boost, though semiconductor profits fell behind SK Hynix
In the first quarter of 2024, Samsung Electronics successfully turned a profit in its semiconductor business due to increased demand for AI-related memory. Coupled with the sales...
Thursday 2 May 2024
Intel's AI ambitions stumble as Nvidia dominates
With Nvidia continuing to make waves in the market, the gap between companies attempting to catch up with them in the cloud AI arena continues to widen.
Tuesday 30 April 2024
Meta's 1Q24 revenue soars, AI and metaverse spending surge sparks market worries
Meta has rebounded from the negative growth in 2022.
Tuesday 30 April 2024
Primax optimistic about demand for multi-sensory products
Acoustoelectric component maker Primax Electronics expects multi-sensory integration products focused on vision, hearing, and touch, as well as public safety equipment, AIoT visual...
Tuesday 30 April 2024
Flexium upbeat about automotive demand
Flexible printed circuit (FPC) specialist Flexium Interconnect has expressed optimism about demand for automotive applications in the long run, believing the worst has passed.
Tuesday 30 April 2024
Hyundai, Kia report record-high 1Q24 revenue under EV headwind
Hyundai Motor and Kia achieved outstanding financial performance in the first quarter of 2024 while facing challenges such as soft battery EV growth, high interest rates, and geopolitics...
Tuesday 30 April 2024
ZTE's 2023 revenue and income growth belie hidden headaches
Major telecom equipment companies are now bracing for a gloomy 2024 as the global Radio Access Network (RAN) market remains in the doldrums, with Ericsson expecting a depressed market...
Monday 29 April 2024
MediaTek's 1Q24 revenue and earnings rise, full-year visibility improves
MediaTek has presented its detailed first-quarter financial report. The fabless chipmaker's gross profit margin was significantly higher than the average level thanks to strong customer...
Friday 26 April 2024
Microsoft sees record third-quarter revenue thanks to AI
Microsoft reported strong quarterly results. The surge was driven by corporate demand for Microsoft's cloud and AI offerings, particularly Azure. Microsoft plans to ramp up Capex...
Friday 26 April 2024
LMOC incurred net loss in 1Q24 despite SiPh shipment reaching record high
Despite Silicon Photonics (SiPh) shipments reaching a record high, LandMark Optoelectronics Corporation (LMOC) incurred a net loss of NT$47 million in the first quarter of 2024, marking...
Friday 26 April 2024
LGD eyeing return to profitability in 2H24
LG Display (LGD) reported a year-on-year improvement in revenue and operating losses for the first quarter of this year. The firm aims to return to profitability in the second half...
Thursday 25 April 2024
Panel makers see market bottom out
Innolux and AUO stated that the panel industry has bottomed out in the first quarter of 2024 and they are projecting double-digit revenue growth from their automotive applications.