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NEWS TAGGED PROFIT
Friday 29 March 2024
SMIC faces decline in sales and profit for 2023 amid industry downturn, plans steady course for 2024
SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stabl...
Monday 18 March 2024
Huawei to see automotive BU achieve profitability this year
Huawei's automotive business unit will likely become profitable earlier than expected. Richard Yu, chairman of Huawei's Intelligent Automotive Solutions (IAS), said on March 16 that...
Friday 15 March 2024
Wah Lee returns to growth trajectory as advanced packaging gains traction
Semiconductor material equipment supplier Wah Lee Industrial Group reported a revenue of NT$66.78 billion in 2023, a year-on-year decrease of 9.2%, with a combined after-tax net profit...
Tuesday 12 March 2024
Backend houses upbeat about orders for memory chips
With memory chipmakers ready to scale up output, industry sources indicated that backend houses are optimistic about orders from the memory sector beginning in the second quarter...
Monday 11 March 2024
Taiwan wind maker Yen Sun is a big fan of high-end computer cooling opportunities
Fan maker Yen Sun thinks growth lies in high-end computer cooling.
Friday 8 March 2024
Fab overexpansion poses challenges for underperforming Chinese foundries
Industry sources pointed out that Chinese foundries' profits are being undermined due to fab overexpansion.
Thursday 7 March 2024
Taiwan's CCL trio soars with AI servers in 2023, eyes bright 2024
The advancement of AI application is driving significant developments in the essential materials for PCB and HDI, with Taiwan's leading trio in Copper Clad Laminate (CCL) —...
Thursday 7 March 2024
VCSEL component maker TrueLight attracts investment from Taiwan Mask
Photomask specialist Taiwan Mask Corporation has announced plans to participate in optical components supplier TrueLight's private placement, with a total investment of around NT$410...
Thursday 7 March 2024
Wistron ITS secures orders from major client, eyes AI push
Wistron Information Technology and Services (Wistron ITS) battled through headwinds in 2023 to emerge stronger, according to chairman and CEO Ching Hsiao. For 2024, massive opportunities...
Wednesday 6 March 2024
M31 records double-digit growth despite headwinds, ramps up R&D to support advanced node IPs
Despite headwinds in the chip industry, M31 Technology achieved a consolidated revenue growth of 18.5% year-on-year in 2023, reaching a historical high of NTD1.612 billion. The silicon...
Wednesday 6 March 2024
Touch module maker TPK to focus on expanding into new businesses
Amid the yet-to-recover PC market, Taiwan-based touch module maker TPK experienced on-year declines in multiple indexes in 2023. TPK has outlined its strategy for 2024 as "focusing...
Friday 1 March 2024
Up periscope! The companies hitting the jackpot in the 2024 smartphone lens lottery
Periscope lenses are set to become the staple of high-end smartphones.
Monday 26 February 2024
Strong GPU demand sees Taiwan’s uPI Semi shoot for the moon
uPI Semi CEO Daniel Huang is bullish about the company's potential profit margins.
Thursday 22 February 2024
Nvidia reports 580% growth in profits, becomes the second-largest chip firm after TSMC
Nvidia, an indicator and beneficiary of the generative AI trend, achieved remarkable performance with a surge in sales and profits, boasting over 200-800% growth rates. Nvidia has...
Tuesday 20 February 2024
Adata expects low-priced inventory to buoy profitability in 2024
Adata Technology holds over NT$20 billion (US$636.4 million) in low-priced chip inventories, which may lift its operating earnings to a new high in 2024, according to the memory module...
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Summary of Tech Supply Chain News!
Taiwan foundry industry revenues to slip in 1Q24 before rising in 2Q24, says DIGITIMES Research
Research Insight: Intel obtains subsidies but faces challenges
South Korea-based makers lead transparent display as China-based competitors ramp up Inkjet investments, according to DIGITIMES Research