Samsung Electro-Mechanics and LG Innotek post strong 2Q24 results eyeing further growth

South Korea’s leading component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have defied the traditional second-quarter slump with impressive results, driven by recovering market demand and a strategic focus on high-value products. As they head into the peak season of the second half, both companies are poised to expand their high-margin product lines to fuel further growth.

Continue reading

iPad, Mac sales surge as AI and M4 chips poised to drive consumer demand in late 2024

Apple’s financial report for the third quarter of fiscal year 2024 revealed impressive results for the iPad and Mac series, with the iPad showing particularly strong performance. Supply chain sources indicate that both product lines are expected to maintain steady momentum in the second half of the year. Furthermore, the anticipated launch of a foldable iPad in 2025 is expected to generate significant consumer interest.

Continue reading