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31 Jul
Latest News and Trends

MCU firm Holtek sees flat revenue, margin in 3Q24

  • July 31, 2024
  • By author-avatar jeff
Recognizing the persisting headwinds in the current MCU market conditions, Holtek Semiconductor expects flat sequential revenue and gross margin growth in the third quarter of 2024.

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31 Jul
Latest News and Trends

Intel to cut thousands of jobs to reduce costs, fund rebound

  • July 31, 2024
  • By author-avatar jeff
Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.

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31 Jul
Latest News and Trends

OpenAI rolls out voice assistant after delay to address safety issues

  • July 31, 2024
  • By author-avatar jeff
OpenAI is rolling out a much-anticipated voice assistant for ChatGPT to a limited number of users after previously delaying the release to work through potential safety issues.

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31 Jul
Latest News and Trends

Orbray outlines 2029 IPO plan buoyed by diamond substrate opportunities

  • July 31, 2024
  • By author-avatar jeff
Japan-based Orbray plans to go public by 2029, aiming to raise up to JPY 10 billion. The company intends to strengthen production at its Akita factories and targets JPY 40 billion in revenue by 2029, driven by its diamond and sapphire substrates and ventures in the medical field.

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31 Jul
Latest News and Trends

Yageo sees AI drive passive component demand

  • July 31, 2024
  • By author-avatar jeff
Yageo believes AI will fuel passive component demand, with operations improving further in the third quarter of 2024.

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31 Jul
Latest News and Trends

Teco and CSC join hands in entering Indian electric bus market

  • July 31, 2024
  • By author-avatar jeff
Teco Electric and Machinery (Teco) and China Steel Corporation (CSC) have partnered to supply EV components to India’s growing electric bus market.

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31 Jul
Latest News and Trends

SDC, LGD to advance OLEDoS microdisplay with tandem OLED technology

  • July 31, 2024
  • By author-avatar jeff
Samsung Display (SDC) and LG Display (LGD) are planning to incorporate their tandem OLED technology into OLEDoS (OLED on Silicon) solutions for next-generation micro OLED displays, aiming to widen their lead over Chinese competitors.

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31 Jul
Latest News and Trends

PTI gearing up for AI SoC boom with FOPLP

  • July 31, 2024
  • By author-avatar jeff
Backend house Powertech Technology (PTI), with its fan-out panel-level packaging (FOPLP) technology, is targeting AI SoC market potential, and expects AI-related revenue to account for 6% of the company’s sales in 2024.

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31 Jul
Latest News and Trends

Taiwan Fertilizer partners with global giants to lead ammonia energy shift

  • July 31, 2024
  • By author-avatar jeff
Taiwan Fertilizer Company (TFC) is accelerating its industrial transformation by forging new partnerships with major international firms from Japan and South Korea, focusing on ammonia energy collaborations.

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31 Jul
Latest News and Trends

Samsung earnings report surges in Q2 revenue and profits amid strong display sales

  • July 31, 2024
  • By author-avatar jeff
Samsung Electronics announced its financial results for the second quarter of 2024, reporting revenue of KRW74.07 trillion (approximately US$53.3 billion) and an operating profit of KRW10.44 trillion.

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