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Tuesday 30 April 2024
NXP witnesses slower automotive chip sales, offers upbeat outlook
NXP experienced a slower automotive market and increased demand for industrial and mobile segments. The chipmaker gave a better outlook for the second quarter.
Monday 29 April 2024
BYD shares face earnings test as China's EV price war heats up
After getting a jump on competitors in the latest round of China's electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
Monday 29 April 2024
With Dimensity 9400 coming in 2H24, MediaTek's flagship SoC aims for 30% market share in China
Responding to various rumors about the company's operations, MediaTek CEO Rick Tsai not only mentioned that the annual revenue growth rate of flagship smartphone SoCs will exceed...
Friday 26 April 2024
Nidec downsizes efforts in China to improve profits generated from fierce EV market
Japan-based electric motor manufacturer Nidec is reducing its products for the Chinese EV sector and planning to increase its sales of electric motors for industrial machinery in...
Friday 26 April 2024
Intel 2Q24 guidance disappoints, Gaudi 3 sales expected to reach US$500 million in 2024
Intel's recent financial report revealed a modest increase in revenue, but a loss for the first quarter of 2024, while the existing quarter's guidance is also disappointing. However,...
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...
Wednesday 24 April 2024
Taiwan handset unit sales increase in 1Q24
Handset unit sales in Taiwan increased nearly 4% from a year earlier to 1.23 million units in the first quarter of 2024, when Android smartphone manufacturers experienced market share...
Wednesday 24 April 2024
EV golden cross above ICE vehicles might come later as demand slows
As more EV models are available and prices decrease, EV sales have grown notably in recent years. However, the growth rate will slow in 2024, making one wonder whether the "golden...
Tuesday 23 April 2024
Himax expects edge AI chip sales to climb
Taiwanese Display Driver IC (DDI) manufacturer Himax Technologies expects the proportion of revenue from its WiseEye series of edge AI chips to climb to more than 10% in 3-5 years.
Monday 22 April 2024
Tesla's price cuts trigger new round in China EV price war
Tesla Inc.'s weekend move to slash prices...
Friday 19 April 2024
SK Hynix is set to surf AI wave as rivals confirm growing demand
SK Hynix Inc. will have to contend with high expectations when it reports next week after solid earnings from the likes of Micron Technology Inc. cemented optimism about demand for...
Thursday 18 April 2024
ASML enters transition year with declining performance across the board
ASML recorded a declining performance in the first quarter of 2024 and expects a better performance in the second half of the year. ASML saw strong sales from memory manufacturers...
Tuesday 16 April 2024
Tesla cuts FSD subscription fees in half in North America
EV manufacturer Tesla saw its first-quarter sales in 2024 fall short of expectations. Recently, it slashed the price of its Full Self-Driving (FSD) subscription in the US and Canada...
Tuesday 16 April 2024
Lenovo, JD.com join hands to promote AI device sales
Lenovo Group, the world's largest PC manufacturer, and Chinese e-commerce giant JD.com announced their continued partnership, hoping to spur sales of the new generation of AI devices...
Monday 15 April 2024
Apple faces worst iPhone slump since COVID-19 as China rivals rise
Apple Inc.'s iPhone shipments slid a worse-than-projected 10% in the March quarter, reflecting flagging sales in China despite a broader smartphone industry rebound.