Highlights of the day: IT firms gearing up for 2020

IT firms worldwide are taking aggressive actions for their businesses in 2020 with some adopting strategies to defend its market status such as Intel, which is looking to cut its PC processor prices in the second half of 2020 to attract demand, while Inventec Appliances is expanding its capacity for AirPods, eyeing for more orders from Apple. China-based Yangtze is now pushing to do 128-layer 3D NAND flash manufacturing, while Qualcomm and MediaTek are expected to report double-digit increases in their 2020 sales because of their 5G products.

Intel to cut PC processor prices in 2H20: Intel is expected to initiate price cuts on its PC processors in the second half of 2020 to defend its market dominance, according to sources at PC makers.

Yangtze Memory gearing up for transition to 128-layer 3D NAND flash: Memory startup Yangtze Memory Technology (YMTC), in which China's state-owned Tsinghua Unigroup holds a controlling stake, has reiterated plans to transition directly from 64-layer to 128-layer 3D NAND flash manufacturing.

Qualcomm, MediaTek to enjoy double-digit growth in mobile chip sales: Qualcomm and MediaTek are expected to each post a double-digit increase in mobile chip sales this year, with gross margin edging up single-digit percentage points thanks to the availability of their high-ASP 5G products, according to industry observers.

Inventec Appliances ready to land more AirPods orders with new capacity: Inventec Appliances is expected to obtain more orders for Apple's AirPods in 2020 thanks to the availability of additional capacity after the firm's new plant in Nanchang, China's Jiangxi province, comes online later in the year, according to industry sources.

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