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NEWS TAGGED GMI TECHNOLOGY
Friday 12 April 2024
IC distributors see industrial and automotive chip inventory adjustments continue
Inventory adjustments for industrial and automotive chips are still in progress, while those for other applications have returned to normal levels, according to sources at IC distr...
Monday 1 April 2024
IC distributor GMI expects growth to resume in 2024
IC distributor GMI Technology is upbeat about its market outlook for 2024, attributing it to promising destocking progress and the PC industry's focus on AI products.
Tuesday 12 March 2024
Network IC market outlook remains uncertain
Despite supply chain inventory levels returning to normal, fabless chipmakers and IC distributors are still uncertain about network IC market prospects for this year.
Wednesday 29 November 2023
IC distributors still seeing sluggish demand from Chinese telecom sector
According to sources at IC distributors, telecom operators in China are postponing the commencement of their bidding processes and slowing the expansion of their infrastructure build-ups...
Thursday 23 November 2023
PC market has bottom out, says IC distributor GMI
The PC market is bottoming out and will start recovering in the fourth quarter of 2023, according to IC distributor GMI Technology, which also expressed optimism about demand for...
Thursday 24 August 2023
IC distributor GMI conservative about 2H23
IC distributor GMI Technology has expressed caution about its prospects for the second half of this year, citing uncertainty in demand from new telecommunication tenders and bids.
Monday 26 June 2023
Taiwanese IC distributors target high-end market as China expands 5G base stations
Chinese telecom operators recently opened bids for 5G base stations, which were won by China-based companies. In order to avoid competition with China's supply chain, Taiwanese manufacturers...
Tuesday 20 June 2023
GMI expects components inventory to be back to normal levels in 3Q23
GMI Technology, a Taiwan-based distributor of electronics components, expects inventory to return to normal levels in the third quarter of 2023, with an optimistic outlook for communications...
Friday 12 May 2023
IC distributors post mixed April results
WPG and Edom Technology both experienced sequential revenue declines in April, while WT Microelectronics, Answer Technology (ANStek), GMI Technology and Sunnic Technology & Merchandise...
Friday 31 March 2023
GMI upbeat about chip demand for automotive, broadband, and wearable apps
IC distributor GMI Technology expects its customers to start replenishing inventory in the second half of 2023, while eyeing a pick-up in demand from the persistently expanding automotive,...
Tuesday 29 November 2022
Network IC inventory swells in China
Network IC inventories held by channel distributors in China remained high, with the inventory adjustment likely to last through the second quarter of 2023, according to GMI Technology,...
Thursday 14 January 2010
IC distributor GMI revenues to grow 25-30% in 2010
IC distributor GMI Technology is expected to see revenues increase 25-30% in 2010, driven by growth in the networking segment, according to market watchers.