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Friday 9 August 2024
SMIC's profit plummets amid fierce competition in China, despite record utilization rate
China-based pure-play foundry Semiconductor Manufacturing International Corporation (SMIC) reported a decline in profit despite growing revenue by more than 20% amid intense competition...
Thursday 8 August 2024
Xiaomi-backed AI chipmaker Black Sesame falls in Hong Kong debut as AI frenzy wanes
Shares of artificial intelligence chipmaker Black Sesame International Holding Ltd. tumbled as much as 35% on their debut, dealing a blow to Hong Kong's efforts to lure more technology...
Thursday 8 August 2024
Acer subsidiaries drive growth, boosting resilience and optimism amid PC market fluctuations
Despite ongoing challenges in the computer market, Acer remains confident in its overall performance for the second half of the year. All its subsidiaries recorded double-digit revenue...
Thursday 8 August 2024
Advanced packaging market sees rapid growth fueled by AI and global expansion
As AI applications proliferate, global tech giants are ramping up investments in data centers worldwide. While traditional hubs like the US, Europe, Japan, and China remain pivotal,...
Thursday 8 August 2024
Chinese EV oversupply may ease as US and EU express concerns
The US and EU have started addressing the influx of Chinese electric vehicles (EVs) entering global markets. The issue of oversupply may ease as investments by Chinese automakers...
Thursday 8 August 2024
Console conundrum: Nintendo, Sony face regulatory roadblocks in China's lucrative gaming market
China's gaming market, valued at CNY302.96 billion (US$41.8 billion) in 2023, presents a lucrative opportunity that major Japanese game companies like Nintendo and Sony are eager...
Thursday 8 August 2024
Issues with Blackwell have yet to deter big tech from investing in Nvidia AI chips
Nvidia has encountered engineering obstacles in developing two next-gen advanced chips, slowing down the product release pace that would expand its leading position in the AI computing...
Thursday 8 August 2024
Infineon capable of handling short-term SiC market volatility, says company exec
Infineon has a solid basis in SiC production technology capabilities and intends to mitigate potential market oversupply and other market headwinds by capitalizing on its superior...
Thursday 8 August 2024
Global semiconductor sales show strong growth in 2Q24, says SIA
The global semiconductor industry's sales totaled US$149.9 billion in the second quarter of 2024, according to the most recent data compiled by the Semiconductor Industry Association...
Thursday 8 August 2024
China rushing into chiplet and HBM fab tool development
China-based semiconductor equipment manufacturers have expedited their domestic development efforts, foraying into the chiplet and HBM memory sectors, according to industry sources...
Thursday 8 August 2024
Asus surpasses profit expectations with IP royalties and server revenue growth
Asus has released its operating performance for the second quarter of 2024, revealing profits that exceeded market expectations. Co-heads Jackie Hsu and Samson Hu expressed optimism...
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
Honor's IPO faces market hurdles amid Huawei's resurgence
Honor, once a reportedly discarded asset after its separation from Huawei, has defied expectations by carving out a strong position in the mid-to-high-end smartphone market. While...
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
Lithium boom turns to bust as prices crash
Lithium was previously considered a highly profitable sector during the electric vehicle (EV) boom. However, declining lithium prices have caused significant disruptions across the...