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NEWS TAGGED 2024
Friday 26 July 2024
ST cuts 2024 outlook as industrial and automotive demand slows
After reporting a 25% year-on-year revenue decline in the second quarter, STMicroelectronics has revised its sales outlook for 2024 downward for the second time.
Friday 26 July 2024
SK Hynix not concerned about HBM oversupply; optimistic that 2024 shipments will double
Benefiting from its High Bandwidth Memory (HBM) business, SK Hynix has experienced substantial revenue growth and forecasts a doubling of shipments in 2024. Regarding recent concerns...
Friday 26 July 2024
China's smartphone market grows 10% in 2Q24, thanks to 618 promotions and GenAI
According to the latest Canalys research, Mainland China's smartphone market experienced a 10% year-on-year growth in the second quarter of 2024, with shipments exceeding 70 million...
Friday 26 July 2024
TSMC Foundry 2.0 illustrates growing importance of IC backend, says ASEH
OSAT ASE Technology Holding (ASEH) has stated its enthusiasm for "Foundry 2.0," a novel concept that is designed to transform the foundry industry, which was recently announced by...
Friday 26 July 2024
Musk backs Trump despite benefiting from Biden's green energy policies for profits
Tesla CEO Elon Musk has vocally supported US Republican presidential candidate Donald Trump.
Friday 26 July 2024
NAND flash capex to slow in 2024
The world's top-3 memory chipmakers are likely to reduce their NAND flash memory capex in 2024, following two years of robust spending, according to industry sources.
Friday 26 July 2024
Samsung bets big on CXL for next-gen memory leadership
Samsung Electronics is aggressively targeting Compute Express Link (CXL), a highly anticipated next-generation memory technology. The CXL market is expected to take off in the second...
Friday 26 July 2024
Thailand maintains electricity tariff to ease economic strain
Thailand's Ministry of Energy has announced that it will freeze electricity prices at THB4.18 (approximately US$0.12 ) per unit until the end of 2024. This decision aims to alleviate...
Friday 26 July 2024
India reportedly to ease curbs on Chinese investments
As Narendra Modi enters his third term as India's Prime Minister, the country is reportedly expected to adopt a somewhat softer stance on its economic ties with China by easing its...
Friday 26 July 2024
TI shows strong consumer analog IC demand in 2Q24
Texas Instruments (TI) second-quarter 2024 financial data indicates that overall demand for analog ICs was robust during the quarter.
Friday 26 July 2024
Mobile shipments in 2H24 expected to exceed 600 million
In the first half of 2024, global mobile phone shipments reached nearly 570 million units.
Friday 26 July 2024
Chinese semiconductor equipment could reach advanced levels in 5-10 years, says AMEC CEO
Although China is still a long way from meeting international standards in the field of semiconductor equipment, it is entirely feasible for the country to achieve technologically...
Thursday 25 July 2024
Official data reveals record investments in Kyushu attracted by TSMC
According to data from the Kyushu Bureau of Economy, Trade, and Industry, from April 2021 to June 2024, there have been 100 new semiconductor-related investments announced or reported,...
Thursday 25 July 2024
KLA sees bright future in advanced packaging and HBM, expects flat growth in China
Due to the AI-driven surge in demand for semiconductor equipment, KLA reported better-than-expected financial results. The company expects to benefit from investments in advanced...
Thursday 25 July 2024
LCD TV panel makers face challenges amid market shifts
Major LCD TV panel makers experienced mixed business results in the first half of 2024. While shipments increased in terms of panel area due to the growing popularity of larger screens,...