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.....»»
PMIC vendor M3Tek expects inventory levels to return to normal in 1Q23
M3 Technology (M3Tek) is adjusting its inventory levels, which are expected to return to normal in the first quarter of 2023, according to the Taiwan-based power management IC (PMIC) supplier......»»
Sercomm expects stable growth in 2023
Network device maker Sercomm has seen mixed responses from clients to the economic headwinds, with demand for some applications slowing down and some increasing, and the company still expects to maintain stable revenue growth in 2023, according to co.....»»
Chin-Poon on track with capacity expansion in Thailand
Automotive PCB supplier Chin-Poon Industrial is on track with its capacity expansion in Thailand and expects the easing of automotive chip shortages to help boost its shipments, according to company spokesman Alex Hsiao......»»
Auras server-use cooling modules to drive business growth in 2023
Thermal solution provider Auras Technology expects server-use cooling modules to become the main source of business growth in 2023, with the corresponding revenue proportion to rise to 30%, according to company chairman and president Lin Yu-shen......»»
FitTech expects new biz to drive revenue growth in 2023
LED probing, test and sorting equipment specialist FitTech expects its new offerings for edge-emitting laser diodes and compound semiconductor testing to contribute positively to revenue growth next year......»»
PCB materials supplier Eternal Materials expects flat performance in 4Q22
Eternal Materials, which supplies resins, dry film photoresists and other upstream PCB materials, expects to see its fourth-quarter sales to stay at roughly the same levels of the prior quarter, with slight sequential growth in profits......»»
TAS looks to compound semiconductors for growth
Taiwan-Asia Semiconductor (TAS, formerly Opto Tech) expects its entry in the compound semiconductor sector to bear fruit and start contributing to the company's revenue growth at the end of 2023......»»
OSAT Lingsen expects sales to pick up in 3Q23
Lingsen Precision Industries, which specializes in power management ICs, sensor, and memory module backend services, expects to see its sales hit bottom in second-quarter 2023 before gaining momentum in the third, according to company president TS Ts.....»»
VW sees China sales dropping on COVID-Zero policy return
VW expects to sell 3.3 million cars in China this year, on par with the previous year’s results and about a half million fewer than the 3.85 million previously estimated......»»
Toyota dials down December output plan after slashing annual target by 500K vehicles
Toyota expects to make only 700,000 vehicles worldwide next month, including 250,000 in Japan and 500,000 overseas......»»
Proton: Slow-and-steady wins EV race
Proton expects to have its own electric vehicle (EV) in five years (2027), said Roslan Abdullah, deputy CEO of Perusahaan Otomobil Nasional Bhd. (Proton), one of Malaysia's national automakers, at a panel discussion titled "Invest Malaysia Series 2:.....»»
Accton holds rosy outlook on 2023 operation
Accton Technology is conservative, but still optimistic about its 2023 business operation and expects 2023 consolidated revenues to increase over 10% on year, according to company CEO Edgar Masri......»»
Epileds expects slow business to continue until 2Q23
LED chip maker Epileds Technologies suffered consecutive operating losses for the second and third quarters of 2022 and expects slow business to continue until the second quarter of 2023, according to company chairman Ming-sen Hsu......»»
GM expects EV revenue of $50B in 3 years
The automaker says it will generate more revenue from electric vehicles in 2025 than crosstown rival Ford brought in from its F-Series pickup line last year......»»
Lithium giant SQM sees prices staying higher for longer
The world's No. 2 lithium producer, SQM, said it expects prices for the battery material to stay high into 2023, remarks that may allay fears over a possible cooling-off of China's two-year buying frenzy......»»
WPG sees inventory peak
IC distributor WPG expects inventories across mass-market industry supply chains to peak throughout the second half of 2022......»»
Nexcom optimistic about demand for automation, smart manufacturing
Industrial PC maker Nexcom International expects demand for automation and smart manufacturing to remain strong in 2023 despite macro headwinds challenging many industry sectors......»»
SEA expects wider adoption of locally-built, battery-swapping e-scooters
At the Bali G20 Summit this year, the Indonesian government is showcasing all types of electric vehicles - from local-branded electric scooters to electric cars by Japanese or Chinese carmakers. Electric vehicles can be seen at the airport, the EV sh.....»»
Kaimei expects products used in EV charging piles to drive business growth
Kaimei Electronic expects aluminum electrolytic capacitors, thick-film and metal alloy current-sensing resistors used in electric vehicle (EV) power charging piles to become the main source of business growth in fourth-quarter 2022 and 2023, accordin.....»»
Winbond expects demand to pick up starting mid-2023
Specialty DRAM and flash memory chipmaker Winbond Electronics expects inventory correction across the industry supply chains to come to an end in the first half of next year, with market demand poised to pick up starting mid 2023......»»