Acer has reported consolidated revenues of NT$17.459 billion (US$585 million) for July, the lowest monthly level since March 2020 with a decrease of 43.58% on month and 33.11% on year, according to the company.
Hon Hai Precision Industry (Foxconn) revised its sales outlook this year to an on-year increase despite excess inventories held by its customers.
Taiwan-based motherboard and graphics card makers including Asustek Computer, Gigabyte Technology, and Micro-Star International (MSI) all saw their July revenues fall sequentially, bracing for a particularly weak second half of 2022.
Despite a slowdown in short-term data center and other server demand, the long-term demand outlook is promising, according to Asia Vital Components (AVC), which specializes in thermal solution products.
Automotive part maker Iron Force Industrial, viewing that main international automakers have planned to launch new models of new energy cars and sales of new cars are being boosted in the China market, looks to potentially increased orders, according to industry sources.
Taiwan-based IT products distributor Unitech Computer has expressed optimism about demand in the second half of this year.
IT service provider Wistron ITS has reported record revenue, operating profit and net profit for the first half of 2022 and it remains optimistic about the overall market demand and growth momentum despite recent speculation about layoffs in China's Internet sector. The company is intensifying its efforts to capture the market opportunities in IoV and new energy.
EMS provider Lite-On Technology has reported consolidated revenues of NT$14.8 billion (US$497 million) for July, increasing 1.07% sequentially and 7.97% on year.
At the CEO Summit hosted by GlobalFoundries (GF), Ford Motor Company and Applied Materials in Washington DC, Qualcomm Technologies announced the extension of their existing strategic global long-term semiconductor manufacturing agreement, bringing its total commitment to US$7.4 billion in purchases through 2028.
Heat dissipation module makers TaiSol Electronics, Yen Sun Technology, Auras Technology and Jentech Precision Industrial have extended application of products from consumer electronics to automotive electronic components, according to industry sources.
Wistron and Inventec expect a leveling off or slight decrease in notebook shipments in the third quarter of 2022, due to a slowdown in demand for commercial models.