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.....»»
Qualcomm to remain sole modem chip supplier for iPhone in 2023
Qualcomm reportedly will remain the sole supplier of modem chips for Apple's iPhones this year. However, in a recent interview, Qualcomm CEO Cristiano Amon said he expects Apple's in-house 5G modem would be ready in 2024......»»
Advantech expects revenue to top US$5 billion in 2030
The industrial computing device and solution provider Advantech expects its revenue to top US$5 billion in 2030, having seen its sales surpass US$2.3 billion in 2022......»»
ADI expects highly of smart edge computing; pushing AI MCUs into industrial control sector
Analog Devices (ADI) is eyeing the business opportunity of smart edge computing and is primarily promoting AI MCU products in the industrial control sector, its key market, according to the company......»»
WT Micro expects over 20% revenue decline in 1Q23
IC distributor WT Microelectronics expects to post a revenue decline of 24-29% sequentially in the first quarter of 2023, as a result of seasonality and low customer demand......»»
WinWay enjoys strong AI and HPC IC test interface demand
WinWay Technology, a provider of IC test interface solutions, has seen strong demand for high-end AI and HPC-related chips and expects flat or slight revenue growth this year......»»
Backend demand for OLED DDIs starts picking up, says ChipMOS
Demand for OLED display driver ICs (DDI) has begun picking up, according to memory backend house ChipMOS Technologies, which expects its sales to recover gradually starting the second quarter......»»
RichWave expects slight revenue growth in 2023
RichWave Technology, which specializes in Wi-Fi FEM (front-end module) solutions, expects modest revenue growth this year after posting a 35.5% revenue decline in 2022......»»
Cars.com rebounds with Q4 profit, shares rise
The company expects its marketplace to see more 2023 pullback from digital dealers......»»
Wafer-level backend house VisEra expects gradual recovery in CIS demand
VisEra Technologies, which offers wafer-level backend services for CMOS image sensors (CIS), expects a gradual recovery in CIS demand starting the second half of 2023......»»
VIS expects 15% revenue decline in 1Q23
Specialty IC foundry Vanguard International Semiconductor (VIS) expects to post a revenue decline of approximately 15% sequentially in the first quarter of 2023, with gross margin falling about 9pp on quarter to 29-31% from 39.22% in the previous qua.....»»
Faraday expects slight revenue growth in 1Q23
Taiwan-based Faraday Technology, a fabless ASIC service and silicon IP provider, expects to post slight revenue growth sequentially in the first quarter of 2023 despite seasonal factors......»»
Winbond expects memory prices to hit bottom in 1Q23
Winbond has seen memory prices continue to slip in the first quarter of 2023, but expects them to rebound in the second quarter with the first quarter to be the bottom of the price decline, according to company president James Chen......»»
PWM IC firm uPI expects further revenue and profit declines in 1Q23
Taiwan-based uPI Semiconductor, an Asustek Computer affiliate specializing in power management ICs (PMIC), expects further drops in revenue and profits in the first quarter of 2023 due to continued weak demand and price-cutting pressure......»»
Longwell expects revenue proportion for products used in EVs, data centers to rise to 40% in 2023
Power cable and wire harness maker Longwell expects the revenue proportion for wire harness used in electric vehicles (EVs) as well as power cables used in EV power charging piles and data centers to rise from 25% in 2022 to 40% in 2023, according to.....»»
Renault expects to dodge slowing economies with revamped models
Renault SA offered an upbeat view of its mainstay market, expecting strong demand in Europe for its overhauled lineup to insulate the carmaker from an economic downturn......»»
GSEO to see AR, VR and MR applications drive sales growth in 2023
Optical lens company Genius Electronic Optical (GSEO) expects sales generated from orders for AR (augmented reality), VR (virtual reality) and MR (mixed reality) headsets and other devices to grow as a proportion of company revenue to 20% in 2023......»»
JDI expects further operating loss in fiscal 2022
Japan Display (JDI) expects operating losses for its fiscal year ended March 31, 2023, to reach JPY47.3 billion (US$353.3 million), higher than JPY34.9 billion estimated three months ago......»»
Goldman Sachs is losing billions on Apple Card, but it ‘remains committed’
In January, a report indicated that Goldman Sachs had lost over $1 billion through its partnership with Apple for the Apple Card. Despite this, however, the company says that it remains committed to its partnership with Apple and expects it to be lu.....»»
KYEC expects slight revenue drop in 2023
King Yuan Electronics (KYEC), a dedicated testing house, expects sales to bottom out in the first quarter of 2023, estimating revenue for the entire year to decrease by 1-3% yearly......»»
Everlight sees sales bottom out shortly
Everlight Electronics, an LED packaging service provider, expects its business to bottom out shortly as it has seen a pick-up in shipment momentum......»»