BizLink expects synergy from acquiring LEONI"s INBG
Connecting cable and wiring system maker BizLink Holding has finished acquisition of a 100% stake in Industrial Solutions Business Group (INBG) under Germany-based cable maker LEONI at Euro 451 million (US$507 million), and expects the acquisition to.....»»
Mercedes more upbeat on signs U.S., China picking up
Demand in Europe was still sluggish, but the automaker expects that to improve in the coming months as consumer confidence rebuilds......»»
ASE expects factory utilization to rebound in 2H23
OSAT ASE Technology (ASE) anticipates a return to 80% plant utilization in the second half of 2023, up from 60% in the first half of the year. After the third quarter, the business will be back on track......»»
Win Semi sees low utilization rates in 1Q23, but expects sales growth in 2Q23
Win Semiconductors has reported that its utilization rates dropped to about 20% in the first quarter of 2023 as a result of inventory correction in the handset supply chain and seasonal impacts, but expects sales growth in the second quarter......»»
Lite-On eyes growth with cloud server, auto optoelectronics applications in 2023
EMS provider Lite-On Technology expects revenue growth to be driven by sales generated from cloud server and automotive optoelectronics applications this year......»»
AUO to ramp up capacity utilization in 2Q23
AU Optronics (AUO) expects its performance to improve significantly in the second quarter in line with a ramp-up in capacity utilization rate, having experienced heavy losses in the first quarter......»»
Samsung posts record loss in memory business
Due to the memory downturn that persisted for multiple quarters, Samsung Electronics posted a loss in its semiconductor segment but expects a recovery from the second half of 2023......»»
Parade expects sales rebound in 2H23
High-speed transmission chip specialist Parade Technologies expects its revenue to rebound in the second half of this year when shipments for customers' new products kick-off......»»
UMC expects flat 2Q23
Pure-play foundry United Microelectronics (UMC) expects its wafer shipments and ASPs to both register about flat sequential increases in the first quarter of 2023, with its capacity utilization rate edging up to 71-73% from 70% in the prior quarter......»»
Faraday expects 6–9% revenue decline in 2023
Faraday Technology, a Taiwan-based fabless ASIC service and silicon IP provider, anticipates a 6–9% revenue decline in 2023, but growth will resume the following year......»»
GM confirms Chevy Bolt will die this year, making way for electric pickups
GM expects to build 70,000 this year before ending one of our favorite EVs. Enlarge / Farewell Chevy Bolt, we'll miss you. (credit: Steve Fecht for Chevrolet) Expect the worst and you'll never be disappointed, a pessimis.....»»
Kemove K68 Mechanical Keyboard review: Brighten your typing experience
The Kemove K68 Mechanical Keyboard is customizable, with colorful lighting and wireless capabilities — but at a steep price.Kemove K68 Mechanical KeyboardMechanical keyboards have become an increasing trend, with more and more people acquiring them.....»»
Realtek expects Wi-Fi 6 to become mainstream for Wi-Fi products in 2023
Realtek Semiconductor expects the penetration rates of Wi-Fi 6 in PCs to rise to 70% and routers to 60% in 2023, each up 10pp from a year ago, while products supporting Wi-Fi 7 are unlikely to begin volume shipments until 2024-2025 as the standard is.....»»
Yageo expects flat or slight revenue growth in 2Q23
Passive component vendor Yageo expects its revenue to stay flat or post slight sequential gains in the second quarter of 2023, as the gross margin and operating margin will increase from the previous quarter, according to CEO David Wang......»»
Genesis sales to reach 100,000 before 2030, Jose Muñoz says
Jose Muñoz, Hyundai and Genesis Motor North America CEO, said he expects the Genesis luxury brand to break the 100,000 sales barrier before 2030, and that the brand's focus on EVs is part of what will make the lofty goal attainable......»»
Lithia cuts Driveway Finance Corp. income forecasts through 2025
Lithia Motors, in an updated forecast, expects its captive finance company, Driveway Finance Corp., to post a loss of $40 million in 2023......»»
Lam Research offers weak guidance for June quarter, optimistic about China market despite export ban
Due to the downturn in the memory industry and the US export ban on semiconductor equipment against China, Lam Research provided weak guidance for the current quarter but expects less restrictive rules to export its products to China......»»
Repon expects demand for slide rails to increase from cloud datacenter operators in 2023
Demand for server racks adopting slide rails for expansion slots is increasing since the traditional fixed support bracket design is difficult to repair and the rising server ASP is making the adoption, which will increase costs, more common these da.....»»
TSMC sees another revenue drop in 2Q23
TSMC expects its second-quarter revenue in US dollar terms to register a sequential decline of 6.7% at the midpoint, with gross margin and operating margin estimated at 52–54% and 39.5–41.5%, respectively. Revenue is estimated at between.....»»
BenQ Materials sees improvement in capacity utilization
Polarizer specialist BenQ Materials expects its capacity utilization rate to improve in second-quarter 2023 compared to the previous quarter, driven by a rebound in panel demand......»»
Vedanta expects to build India"s first wafer fab by 4Q23
Vedanta, the front-runner among applicants for India's INR760 billion (US$92 billion) semiconductor and display fabs incentive scheme, is looking to begin chipmaking in 2027 and may establish an OSAT plant as well as a wafer fab......»»