EMS provider Lite-On Technology has reported consolidated revenues of NT$14.8 billion (US$497 million) for July, increasing 1.07% sequentially and 7.97% on year.
India’s smartphone shipments in the latest quarter grew only slightly year-on-year amid global inflation, while MediaTek’s chip share dropped to below 50% for the first time since 2020.
Taiwan-based IC design houses are all striving to clear inventory by the end of this year while also seeking to defer schedules for fulfilling LTAs (long term agreements) with foundry partners, according to industry sources.
China-based foundry Hua Hong Semiconductor is heading toward its share listing on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange (SSE), looking to raise CNY18 billion (US$2.66 billion) for specialty process capacity expansions, according to industry sources.