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.....»»
Taitien bullish about order prospects for 2H23
Quartz crystal component supplier Taitien Electronics has expressed optimism about the order dynamics for the second half of 2023 and expects revenue to maintain a growth track this year......»»
Acer ITS looks to grow presence overseas
Acer ITS, a subsidiary of Acer for smart traffic solutions, expects its efforts to grow businesses overseas to bear fruit this year, increasing annual revenue by 50-100% on year......»»
Altos expects 30% sales growth in 2023
Altos Computing, a subsidiary of Acer that provides high-performance computing (HPC) and cloud computing solutions, expects to post around 30% sales growth in 2023, owing to increased sales from Southeast Asia markets......»»
BYD enjoys 445.86% profit growth in 2022, expects promising 2023 with overseas expansion
BYD finished 2022 strong despite facing multiple challenges. Increasing new energy vehicle (NEV) sales benefited the EV maker's revenue and profits. It reported CNY16.62 billion (US$2.4 billion) in net profit, a 445.86% surge from 2021......»»
How to protect the integrity of survey research: 12 recommendations
Science requires data, and survey research is one important means of gathering it. Surveys provide a scientific way of acquiring information that is used to inform policy decisions, guide political campaigns, clarify the needs of stakeholders, enhanc.....»»
Kioxia sees robust automotive SSD demand while Samsung promotes large-capacity SSDs
Samsung Electronics continues to promote its large-capacity SSD offering while major rival Kioxia expects automotive SSD demand to remain strong with no plans to cut its output for the category......»»
How Apple"s worst value in a product will be a bestseller in 2023
Apple's 20W USB-C charger hasn't been updated since its 2020 debut, yet the company expects to sell tens of millions of new ones on the heels of its iPhone 15 launch. Though, probably not for the reason you think.Apple's 20W charger could benefit fro.....»»
Connector maker Foxlink expects sales growth in 2023
Connector and cable maker Foxlink has expressed optimism about its performance this year, citing strong demand for USB Type-C interface devices......»»
Ford expects to lose $3 billion on EVs this year
The EV losses will mount as the company expects increased profits for its internal combustion and commercial vehicle businesses......»»
Used-car retailer Carvana expects smaller core loss, shares jump
Carvana Co. said on Wednesday it expects a smaller core loss in the current quarter due to a raft of cost-cut measures it implemented amid falling used-car sales, sending its shares up nearly 16 percent in early morning trading Wednesday. Carvana.....»»
US to restrict TSMC, Samsung"s investment in China; China reportedly to fend off by picking national chip champions
The Biden administration announced guardrails for the CHIPS Act to boost domestic semiconductor manufacturing and restrict foreign entities of concern from acquiring advanced technologies. Meanwhile, Beijing is reportedly changing tack on its way to.....»»
USI to enhance automotive antenna capability with planned acquisition
EMS provider Universal Scientific Industrial (USI), a subsidiary of ASE Technology (ASEH), expects to strengthen the company's automotive antenna manufacturing capability with its planned acquisition of a TE Connectivity unit......»»
USI mulls acquiring TE Connectivity"s automotive solutions biz
EMS provider Universal Scientific Industrial, a subsidiary of ASE Technology (ASEH), is considering acquiring TE Connectivity's automotive solutions business for an estimated US$48 million......»»
Clevo expects 10% shipment growth in 2023
Clevo, a Taiwan-based niche notebook manufacturer, expects at least 10% shipment growth in 2023, believing that demand from China's gaming market will recover, according to notebook business group president Chien Yih-long......»»
Chenbro Micom expects to see shipments pick up substantially in 2H23
Server chassis specialist Chenbro Micom expects its shipments to server customers to remain flat in the first half of 2023 before picking up significantly in the second half......»»
PMIC vendor M3Tek expects sales recovery in 2H23
Power management IC company M3 Technology (M3Tek) may see another sequential revenue drop of 10-15% in the first quarter of 2023, but revenue will likely recover in the second half of the year, according to the company......»»
GlobalWafers says new US plant on track for volume production in 1Q25
Silicon wafer supplier GlobalWafers is constructing a new 300mm (12-inch) silicon wafer plant in Sherman, Texas, and expects it to be ready for volume production in the first quarter of 2025......»»
Taiwan Mask expects 30% revenue growth in 2023
Photomask supplier Taiwan Mask expects its revenue to increase 30% on year to exceed NT$10 billion (US$325.2 million) in 2023, boosted by growing sales of its products supporting 12-inch wafer fabrication......»»
Foxconn expects flat growth in 2023
Hon Hai Precision Industry (Foxconn) expects flat revenue growth in 2023 amid persistent macroeconomic uncertainty and a neutral outlook for the ICT industry......»»
Foxconn to see automotive component sales boost in 2023
Hon Hai Precision Industry (Foxconn) expects to see its automotive product line generate revenue between NT$50 billion (US$1.63 billion) and NT$100 billion in 2023, up from NT$20 billion in 2022......»»