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Thursday 25 July 2024
Tesla profit drop in 2Q24 highlights transformation challenges
Tesla's net profit fell by 45% YoY in the second quarter of 2024 to US$1.48 billion, which may indicate that the company is facing challenges with its transformation, according to...
Monday 22 July 2024
Why didn't SK On make a profit in any of the 10 quarters since its establishment?
The SK Group views EV-related businesses as a key growth area for the future, which is why its battery subsidiary SK On invested over KRW20 trillion (US$14.5 billion) to expand its...
Monday 15 July 2024
Xiaomi profits in India fall by 77% amid fresh 10-year plan
Xiaomi's India business faced a significant setback in the 2023 fiscal year, with both revenue and net profit experiencing steep declines. The company is now pinning its hopes on...
Wednesday 10 July 2024
TSMC records 30% YoY growth in sales, Q2 revenue exceeding guidance
TSMC recorded its financial performance in line with market expectations, with consolidated revenue in June at NT$207.869 billion, down 9.5% month-on-month but up 32.9% compared to...
Wednesday 10 July 2024
Rising HBM demand to benefit SK Hynix supplier in China
Yoke Technology, a China-based semiconductor and chemical material supplier, has disclosed its preliminary financial results for the first half of 2024. The company expects a net...
Thursday 4 July 2024
Prices for commodity DRAM and NAND chips stall as demand recovery lags
The prices for general-purpose DRAM and NAND flash chips have remained flat for four consecutive months, suggesting a slower-than-expected pace of demand recovery.
Monday 1 July 2024
Diode maker Eris poised for breakthrough growth with acquisition boost
Taiwan's leading diode manufacturer, Eris Technology, is poised to enter a new growth era for revenues and profit margins starting in 2024, as its product lines will expand significantly...
Friday 28 June 2024
China-based chipmaking tool provider delays R&D facility operation amid regulatory and operational issues
ACM Research Shanghai, one of the major semiconductor equipment providers in China, decided to postpone the operation of its R&D facility in Shanghai to mid-2025.
Thursday 27 June 2024
AI drives Micron turnaround to profit with future price hikes expected
Micron announced substantial growth in its latest financial results.
Wednesday 26 June 2024
Passive component companies expand production for AI demand
Companies across industries, including the passive component sector, are optimistic about generative AI's business potential.
Tuesday 25 June 2024
LG and Hyundai team up for automotive electronics
Hyundai Motor Group and LG Electronics are teaming up as they shift from home appliances to automotive electronics.
Tuesday 18 June 2024
Quanta profits double despite halving workforce
Quanta Computer is generating record-high profits amid a sharp decline in staff count. From the high of 112,000 employees by the end of 2018, Quanta's workforce has decreased by 49.1%...
Wednesday 12 June 2024
Sony eyes profitability for automotive CIS biz by fiscal 2026 amid 6x growth in car cameras
Sony's automotive CMOS Image Sensor (CIS) business is rapidly growing due to increasing demand for cameras in automobiles and the need for better image quality and functionality....
Wednesday 12 June 2024
Panel industry strives for continuous profit to ensure steady operations
Despite a recent weakening in demand for LCD TV panels and a lack of upward momentum in prices, producing panels according to demand is expected to prevent significant price drops...
Friday 31 May 2024
Yageo chairman: inventory adjustments have reached healthy level
The passive component giant Yageo held its shareholders' meeting on May 30. Founder and chairman Pierre Chen stated that current inventory adjustments have reached a healthy level...
Colder Products Company
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research