ODMs issue bonds to finance costly AI servers

While AI server orders can provide a big boost, they aren’t easy to fulfill. Even Quanta, which holds more than NT$140 billion (approx. US$4.32 billion) in liquidity, is considering issuing bonds to raise capital for the high cost of materials for AI servers and support for multi-location production. This will be the first time in 14 years that Quanta is issuing bonds to raise funds.

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Himax beats 2Q24 expectations with strong automotive DDI growth, faces 3Q headwinds amid Chinese market slump

Taiwanese display driver IC (DDI) leader Himax Technologies reported a robust second quarter, driven by strong demand for automotive DDI. However, the company is adopting a cautious outlook for the third quarter due to market uncertainties, projecting a 12-17% sequential revenue decline, against the traditional peak-season trend.

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