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IN THE NEWS
Monday 5 August 2024
Slowing automotive demand hits Novuton
Nuvoton Technology, which is focused on growing its automotive and industrial control businesses, reported an unusual quarterly loss in the second quarter of 2024.
Monday 5 August 2024
Panel prices expected to continue falling in August
Due to weak end-market demand, brands are ordering fewer panels, causing the price of LCD TV panels to drop in July. The panel prices are likely to fall in August.
Monday 5 August 2024
Global OSAT industry revenue projected to rebound by 8%, says DIGITIMES Research
The global semiconductor market is experiencing strain as inventory adjustments across the electronics sector weigh heavily on growth. According to DIGITIMES Research, the...
Monday 5 August 2024
Infineon, EPC escalate GaN patent disputes amid possible links to Nvidia
The patent war surrounding gallium nitride (GaN) compound semiconductors continues to escalate. Recently, power component leader Infineon intensified its patent infringement case...
Monday 5 August 2024
Intel's cost reduction plan only temporary fix amidst disappointing 2Q24
Intel reported a US$1.6 billion net income loss in the second quarter, a significant decline compared with the US$1.48 billion in net income it recorded during the same period in...
Monday 5 August 2024
What went wrong with Intel? Its backyard is on fire
Intel's recent announcement to cut 15% of its workforce (approximately 15,000 employees) and reduce capital expenditures to save US$10 billion may undermine its goal of reclaiming...
Friday 2 August 2024
Samsung joins funding for AI security startup valued at US$400 million
Protect AI Inc., a security and artificial intelligence startup, has raised US$60 million from investors betting that the intersection of AI and security will be big business.
Friday 2 August 2024
Rising demand for AI smartphones boosts Silicon Motion's Revenue above expectations in 2Q24
Silicon Motion Technology has reported revenues exceeding the top margin of its guidance, with gross margins also hitting the ceiling of its expectation range for the second quarter...
Friday 2 August 2024
AUO charts new course: Focusing on smart mobility and vertical solutions beyond displays
Taiwanese panel giant AUO is undergoing a significant transformation to diversify its business and reduce reliance on the cyclical display panel market. The company is focusing on...
Friday 2 August 2024
AMD boosts AI data center GPU revenue forecast to US$4.5 billion amid surging demand
AMD has further raised its full-year revenue forecast for AI data center GPUs to US$4.5 billion, underscoring the surging demand for computing power driven by generative AI. The chipmaker...
Friday 2 August 2024
Flagship smartphone AP market to heat up in 2H24
As the flagship smartphone AP battleground officially enters the 3nm era in the second half of 2024, MediaTek, Qualcomm, and Apple are all said to be preparing chips with vast performance...
Friday 2 August 2024
Intel announces cost reduction plan, expects to reduce tile production outsourcing to TSMC in 2026
Intel has unveiled a cost reduction plan involving significant layoffs, substantial cuts in operating expenses, and a sharp reduction in capital expenditures (capex). The announcement...
Friday 2 August 2024
Global 2024 smartphone sales likely to grow, with AI models leading
In their latest earnings report, mobile chip giants MediaTek and Qualcomm both maintained their previous forecasts for the smartphone market in the second half of 2024. Both companies...
Thursday 1 August 2024
Applied Materials is denied US chips grant for US$4 billion Silicon Valley project
Applied Materials Inc. was informed by US officials that it won't be receiving Chips Act money for a long-anticipated research and development center, dealing a critical blow to a...
Thursday 1 August 2024
Qualcomm takes on MediaTek with budget 5G chip in India, targets growing PC and EV markets
Qualcomm has introduced an affordable smartphone SoC tailored for India, the world's second-largest smartphone market. This move comes as more Indian consumers opt for premium phones,...