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Wednesday 16 August 2023
Chinese carmakers say BYD chairman's "crocodile tears" did not move them
BYD just reached the five million vehicle production milestone. Chairman and president Wang Chuanfu said at an event that Chinese automakers should work together to show the world...
Tuesday 15 August 2023
Foxconn's investment in India to expand to CE and EV key component assembly
Foxconn has seen multi-fold growth in revenue, employee numbers, and investment since its expansion into India in 2005, says the company's chairman, Young Liu. While primarily focused...
Tuesday 15 August 2023
Getac sees low order visibility for 2H23
Industrial PC (IPC) maker Getac said its customers are being cautious about their second-half prospects and that it is seeing poor order visibility in the second half of 2023.
Tuesday 15 August 2023
Foxconn grows presence in upstream AI server segment
Contract electronics vendor Foxconn has a sizable share in the upstream AI GPU module and substrate markets of the AI server supply chain, according to company chairman Young Liu.
Wednesday 9 August 2023
Renesas to acquire Sequans through tender offer
Renesas Electronics and Sequans Communications, a provider of 5G/4G cellular IoT chips and modules, have signed a memorandum of understanding whereby Renesas will acquire Sequans...
Tuesday 8 August 2023
DDI suppliers uncertain about 2H23 demand prospects
Display driver IC suppliers experienced a surge in short-lead-time orders in the second quarter, but it is uncertain whether this trend will continue into the second half of the year,...
Friday 4 August 2023
Grim Q3 projection: Ennostar shining no more?
Ennostar Group's Q2 2023 revenue and profit demonstrated a sequential improvement, though unused capacity continued to weigh on operations. The gradual recovery of the consumer market...
Thursday 27 July 2023
AUO sees rising panel demand in 2H23, says chairman
The panel industry is showing strong signs of recovery and growth in the second half of 2023, with improvements in order visibility and a more balanced supply and demand, as stated...
Thursday 27 July 2023
PSI wafer reclaim business to see growth in 2H23 despite mild deceleration, says company chairman
Phoenix Silicon International (PSI) has seen a slight deceleration of growth for its wafer reclaim service -- which accounts for about 70% of overall company sales -- in the third...
Wednesday 26 July 2023
AI applications to benefit memory industry, says PTI chairman
The proliferation of AI applications is indeed an emerging and beneficial trend for the packaging of high bandwidth memory (HBM) products, but the contributions brought by AI "won't...
Monday 24 July 2023
Foxconn chairman makes second visit to Sharp and stays whole week
Foxconn Electronics (Hon Hai Precision Industry) chairman Young Liu reportedly made another visit to Sharp in Japan last week, following his previous 3-day visit in early July, and...
Tuesday 18 July 2023
SMIC chairman replacement implies Big Fund pulls the strings
China's Semiconductor Manufacturing International Corp. (SMIC) announced on July 17 that Liu Xunfeng, who was recommended by the National IC Industry Investment Fund (the "Big Fund"),...
Wednesday 12 July 2023
WPG, WT Micro post better-than-expected 2Q23 revenue
IC distributors WPG and WT Microelectronics outperformed the upper end of their respective second-quarter revenue guidance ranges.
Monday 10 July 2023
Harvatek expects LED packaging demand to stay weak in 2H23, but business to remain profitable for 2023
LED packaging house Harvatek is unlikely to see its revenue grow as strong as expected in the second half as its US-based clients were conservative about demand during the peak season,...
Friday 7 July 2023
Foxconn chairman visits Japan to meet Sharp executives
Foxconn chairman Young Liu recently paid a visit to Sharp's headquarters in Japan, which may indicate that the Taiwanese company has no plans to spin off the money-losing subsidiary,...