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NEWS TAGGED CHIPS + COMPONENTS
Wednesday 7 August 2024
GF sees unfavorable 3Q24 due to sluggish chip market recovery
GlobalFoundries (GF) has released its second quarter 2024 financial report, which exceeded market expectations. Nevertheless, GF suggested that the recovery of semiconductor demand...
Wednesday 7 August 2024
TSMC demand and Kumamoto lab boost MA-tek's July 2024 revenue to record high
Driven by increasing AI demand and significant growth in its Japan-based laboratory operations, semiconductor inspection giant MA-tek reported record-breaking monthly revenue of NTD...
Wednesday 7 August 2024
Vietnam's Hanoi aims for semiconductor hub status bolstered by new law and major investments
In June 2024, Vietnam enacted the Capital Law, prioritizing semiconductor investment in Hanoi and offering various incentives from the city government.
Wednesday 7 August 2024
GlobalWafers cuts 2024 revenue outlook to high-single-digit drop
Silicon wafer company GlobalWafers has revised its revenue growth projection for 2024 to a decline in the high single digits. The revision was downgraded for the second time this...
Wednesday 7 August 2024
Intel 18A process on track for next-gen client and server chip production in 2025
Intel has announced that its lead products on Intel 18A, Panther Lake (AI PC client processor) and Clearwater Forest (server processor), are out of the fab and have powered-on and...
Wednesday 7 August 2024
CXMT's initial HBM capacity in Hefei reaches one-third of Korean manufacturers
Reports indicate that China's DRAM leader ChangXin Memory Technologies (CXMT) is actively investing in high bandwidth memory (HBM) production capacity. Currently, CXMT is establishing...
Wednesday 7 August 2024
China pushes state firms to prioritize domestic chip and satellite
China's government has unveiled new guidelines urging state-owned enterprises to procure innovative technology solutions from domestic suppliers. This move aims to bolster the nation's...
Wednesday 7 August 2024
Rohm profits plunge amid weak industrial chip demand and surging investment costs
Rohm reported a declining performance over the past quarter due to sluggish sales of industrial chips and increased depreciation and research costs related to expanding production...
Wednesday 7 August 2024
Samsung yet to escape wafer foundry struggles, may see losses in 'trillions of KRW' in 2024
Despite a strong overall performance in the second quarter of 2024, Samsung Electronics continues to grapple with losses in its wafer foundry business. Most analyses indicate that...
Wednesday 7 August 2024
Samsung's DS division unveils new 'C.O.R.E' system in response to labor strikes
Due to ongoing strikes, Samsung Electronics may face a semiconductor production crisis in the second half of 2024. To address communication issues between departments, Young-hyun...
Wednesday 7 August 2024
PMIC firm uPI expects flat to slight growth in 3Q24
Power management IC maker uPI Semiconductor expects the back-to-school season to drive computing-related demand in the third quarter of 2024, according to CEO Daniel Huang, but overall...
Wednesday 7 August 2024
Novatek forecasts Q3 growth amid iPhone demand, warns of looming geopolitical uncertainties
Novatek Microelectronics anticipates increased revenue in the third quarter, driven primarily by growing smartphone demand, particularly for iPhones. However, the electronics industry...
Wednesday 7 August 2024
IC equipment supplier Trusval expects strong 2H24 performance thanks to successful transition to system integration engineering
Taiwan-based IC equipment maker Trusval Technology, a supplier of TSMC, has benefited from its recent expansion into system integration engineering services. It has successfully captured...
Wednesday 7 August 2024
AP Memory sees revenue, gross margin improve in 2Q24
AP Memory Technology, which specializes in customized IoT RAM and other DRAM memory, saw its revenue and gross margin rebound in the second quarter of 2024, thanks to increased demand...
Wednesday 7 August 2024
WT Micro sees inventory correction for automotive, industrial ICs persist
IC distributor WT Microelectronics (WT Micro) expects inventory adjustments for automotive and industrial ICs to persist through the end of this year, with more room for growth once...