SMIC released its fourth-quarter and full-year 2024 financial results on March 27, reporting record revenue and wafer shipments. However, profitability declined amid persistent US...
Lens Technology reported CNY69.9 billion (approx. US$9.62 billion) in revenue for 2024, a 28.3% year-over-year increase, according to its annual results released on March 27. Net...
Goertek, a leading Chinese supplier of precision components and smart hardware, bucked the downturn in the global consumer electronics market with a strong 2024 earnings report. Annual...
The US stock market has significantly declined due to the unpredictability of US President Donald Trump's policies, impacting Taiwan's capital markets as well. A survey conducted...
At the Foxconn 50th anniversary banquet, Apple CEO Tim Cook conveyed his congratulations via video message. He mentioned that products which would typically take several months to...
TCL founder and chairman Li Dongsheng said the company has no current plans to establish manufacturing operations in the US, calling the move economically unviable and lacking competitive...
BYD Electronics reported its full-year financial results for 2024, with revenue rising 36.43% year-over-year to CNY177.306 billion (approx. US$24.45 billion). Gross profit increased...
Samsung Electronics Co. announced on March 24 that its co-CEO, Jong-Hee Han, had died from cardiac arrest at the age of 63. Han shared leadership duties with co-CEO Young-hyun Jun,...
The combined revenue of Taiwan's major wafer foundry houses is anticipated to hit US$27.71 billion in the first quarter of 2025, a sequential decline of 5.8%. However, as AI/HPC chip...
India's growing electronics and AI sectors are attracting major global investments. Telangana state's Taiwan Industrial zone and "Formosa Town" aims to draw Taiwanese firms under...
Luxshare Precision Industry announced on March 20 that it will acquire core assets from Wingtech Technology's consumer electronics system integration unit. The all-cash deal, executed...
Taiwan's Ministry of Economic Affairs (MOEA) Department of Statistics reported on March 21 that February export orders hit US$49.45 billion, rising 5.3% from January and surging 31.1%...
India-based EMS provider Zetwerk inaugurated its seventh plant in India over the weekend as an emerging electronics manufacturing ecosystem has benefitted local firms to raise funds...
Apple plans to begin AirPods production at its supplier Foxconn's facility in Hyderabad, India, starting in April 2025, with an initial focus on exports. This move represents Apple's...
