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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...
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
India antitrust watchdog reportedly finds Apple abusing market dominance
India's antitrust watchdog may be nearing the conclusion of a two-year investigation into Apple, which has reportedly found the tech giant guilty of abusing its dominant position...
Wednesday 7 August 2024
AI smartphones drive market growth as lower-end segment stalls
AI smartphones have gained popularity among consumers, becoming a major driving force behind the overall mobile phone shipments in 2024. However, persistently stagnant demand for...
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
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...
Wednesday 7 August 2024
Raydium reports strong 2Q24 results but keeps cautious for 3Q24
Display driver IC (DDI) manufacturer Raydium has announced its consolidated financial report for the second quarter of 2024, with revenue reaching NT$6.45 billion (US$206.4 million),...
Wednesday 7 August 2024
Taiwan based DDI makers navigate intensifying Chinese price competition
The ongoing price competition in the Chinese display driver IC (DDI) market has compelled Novatek Microelectronics and other Taiwan-based DDI suppliers to expand their target markets...
Wednesday 7 August 2024
Taiwan IC backend houses optimistic about growth prospects for 2H24
Taiwan-based IC backend firms are optimistic about the overall recovery in the market in the second half of this year, with particular focus on the robust demand for AI processors,...