Tuesday 30 December 2014
Taiwan market: Fitel looking for bankruptcy trustee
First International Telecom (Fitel), the only PHS mobile communication operator in Taiwan, has asked the government to help arrange for Chunghwa Telecom (CHT) to become its bankruptcy...
Wednesday 24 December 2014
GT Advanced Technologies to sell sapphire furnaces
GT Advanced Technologies has announced that following the bankruptcy court's recent approval of its settlement agreement with Apple, GT is now pursuing ASF furnace opportunities for...
Tuesday 4 November 2014
Innolux refutes rumor about loan issues
Innolux is rumored to have issues acquiring a syndicated loan for NT$60 billion (US$1.97 billion) recently because of debt issues of its ex-affiliate Chi Mei Lighting Technology,...
Thursday 16 October 2014
Digitimes Research: GTAT woes disrupt sapphire industry
GT Advanced Technologies' (GTAT) move to seek bankruptcy protection on October 6 came as a surprise to the IT industry especially because the maker was a major supplier of Apple for...
Thursday 9 October 2014
GTAT financial woes likely stem from low yield rates, say Taiwan makers
US-based sapphire ingot producer GT Advanced Technologies (GTAT) has applied for bankruptcy protection possibly because its HEM technology-based ingot growing process has seen much...
Wednesday 11 December 2013
Suntech announces update on subsidiary share transfers and restructuring process
Suntech Power Holdings has announced that on November 14, 2013, liquidators passed a sole shareholder's resolution placing Power Solar System (PSS), an immediate subsidiary of the...
Friday 29 November 2013
OCZ to file for bankruptcy; announces offer from Toshiba to purchase assets
OCZ Technology, which specializes in providing high-performance solid state drives (SSDs) for computing devices and systems, has announced that on November 25, 2013, it received notices...
Monday 20 August 2012
REC Wafer declares bankruptcy
Norway-based solar wafer firm REC Wafer has filed for bankruptcy after its parent company REC ASA announced the termination of further funding last week.
Tuesday 14 August 2012
REC has decided to cease further funding of solar wafer subsidiary
REC ASA has decided to cease further funding of its solar wafer subsidiary, REC Wafer Norway AS. Consequently there is no basis for a solvent winding-up of the company and the Board...
Tuesday 14 August 2012
Ability and Altek to see DSC shipments drop in 3Q12
Taiwan-based digital still camera (DSC) makers Ability Enterprise and Altek are both expected to see a shipment drop in the third quarter of 2012, affected by demand being replaced...
Thursday 12 July 2012
Centrotherm bankruptcy will not affect Sunshine PV, says Solartech
The world's largest solar equipment firm, Germany-based Centrotherm, filed for bankruptcy protection on July 11. Centrothem has been an important provider of solar equipment to Taiwan's...
Thursday 28 June 2012
Elpida bankruptcy brings unusual stability to DRAM pricing, says IHS
Pricing in the DRAM market has become markedly less volatile since the February bankruptcy filing of major supplier Elpida Memory, deviating from long-term trends in statistically...
Thursday 17 May 2012
Asia Optical reorganizing joint venture
Asia Optical, a Taiwan-based maker of optical lens modules and digital cameras, is readjusting the organization of AOF Imaging Technology, its joint venture with Singapore-based Flextronics...
Thursday 29 March 2012
China-based white-box handset players may face bankruptcy
China-based white-box handset players are suffering as larger local players ZTE, Lenovo and Huawei are aggressively entering the CNY1,000 (US$159) smartphone segment, while first-tier...
Friday 23 March 2012
Altek suffers operating loss in 4Q11 mainly due to Kodak bankruptcy
Altek on March 22 released its 2011 financial report, suffering a net operating loss of NT$741 million (US$25 million) mainly because of losses in accounts receivable and inventory...