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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.....»»

Category: itSource:  digitimesMar 1st, 2022

Analog Integrations reports robust sales for 1Q-3Q22

Analog Integrations (AIC) has reported impressive sales and profits for the first three quarters of 2022, buoyed by synergy efforts with its strategic partner Netronix, which provides e-book readers and e-paper solutions......»»

Category: itSource:  digitimesRelated NewsNov 15th, 2022

How to set up Mastodon, an alternative social network

In the wake of Elon Musk acquiring Twitter, users have started migrating to other platforms. Here's how to get started with Mastodon, one of the social media alternatives.MastodonFrom a second verification system to laying off thousands of employees,.....»»

Category: appleSource:  appleinsiderRelated NewsNov 14th, 2022

Silergy expects decreased shipments to continue until mid-2023

Power management IC design house Silergy expects current decreased shipments to remain until mid-2023 because main clients will keep cleaning their inventories until the first half of 2023, according to company chairman Issac Chen......»»

Category: itSource:  digitimesRelated NewsNov 14th, 2022

Edison Opto expects 2023 revenue to grow 15-20%

LED packaging service provider Edison Opto expects 2023 consolidated revenues to increase 15-20% on year, while LED automotive lighting module maker Laster Tech saw business operation turn from an operating loss of NT$131.6 million (US$4.4 million) a.....»»

Category: itSource:  digitimesRelated NewsNov 14th, 2022

Polestar Q3 loss narrows, expects hit from rising costs

Polestar posted an operating loss of $196.4 million, down from $292.9 million a year ago, while revenue rose to $435.4 million from $212.9 million......»»

Category: topSource:  autonewsRelated NewsNov 11th, 2022

SMIC expects over 10% revenue drop in 4Q22

China-based pure-play foundry Semiconductor Manufacturing International (SMIC) expects to post a revenue decline of 13-15% sequentially in the fourth quarter of 2022, with gross margin ranging from 30% to 32% compared with 38.9% in the prior quarter......»»

Category: itSource:  digitimesRelated NewsNov 11th, 2022

Yageo expects business to decrease in 4Q22

Passive component maker Yageo expects fourth-quarter 2022 consolidated revenues to slip by less than 10% on quarter and the corresponding gross margin and operating profit margin to decline by about two percentage points sequentially, according to co.....»»

Category: itSource:  digitimesRelated NewsNov 11th, 2022

Pegatron to pursue stable growth in 2023

Pegatron will pursue stability in its operations next year when the contract electronics manufacturer expects to boost sales generated from automotive, networking, and other non-PC sectors to offset the impact of falling PC demand......»»

Category: itSource:  digitimesRelated NewsNov 11th, 2022

India to encourage import substitution for 5G telecom gear

India expects to unveil its home-grown 5G telecom gear in early 2023, and is reportedly considering requiring local telecom operators to procure the indigenously-made 5G telecom gear......»»

Category: itSource:  digitimesRelated NewsNov 10th, 2022

MediaTek introduces 4nm smartphone chip

MediaTek has introduced a new smartphone application processor series built on TSMC's second-generation 4nm process technology, and expects smartphones powered by the new chips to hit the market by the end of 2022......»»

Category: itSource:  digitimesRelated NewsNov 9th, 2022

MediaTek introduced 4nm smartphone chip

MediaTek has introduced a new smartphone application processor series built on TSMC's second-generation 4nm process technology, and expects smartphones powered by the new chips to hit the market by the end of 2022......»»

Category: itSource:  digitimesRelated NewsNov 9th, 2022

Novatek sees inventory return to appropriate level in 1Q23

Display driver IC supplier Novatek Microelectronics expects inventories held by handset and TV customers to return to appropriate levels in the first quarter of 2023 but is uncertain whether end-market demand will pick up by the end of the quarter......»»

Category: itSource:  digitimesRelated NewsNov 9th, 2022

Qisda expects decrease in 4Q22 revenue

EMS provider Qisda expects fourth-quarter 2022 consolidated revenues to slip on quarter and year. To cope with the situation, the company will enhance operation of high value-added business, according to company chairman and CEO Peter Chen at a Novem.....»»

Category: itSource:  digitimesRelated NewsNov 8th, 2022

Darfon expects green energy products to drive growth

Darfon Electronics' green energy products accounted for 52% of third-quarter 2022 consolidated revenues of NT$7.572 billion (US$237 million) and the company expects them to become the main source of growth......»»

Category: itSource:  digitimesRelated NewsNov 8th, 2022

Adient expects stronger 2023 after $2.2 billion sales hit this year

Automotive seating suppier Adient increased sales and earnings durings its fiscal fourth quarter despite headwinds that cost the automotive supplier $2.2 billion in revenue for the year. The seating and interiors supplier said quarterly sales surg.....»»

Category: topSource:  autonewsRelated NewsNov 7th, 2022

Alchip sees China-bound ASIC sales mildly affected by US trade ban

Taiwan-based Alchip Technologies, dedicated to supplying ASICs, expects the latest US restrictions on shipments of advanced chips to China to affect only 1-2% of its revenues, as a comprehensive review conducted by the company found that only one Chi.....»»

Category: itSource:  digitimesRelated NewsNov 7th, 2022

Chicony Electronics expects AI image devices to drive growth in 2H22 revenue

Keyboard and camera module maker Chicony Electronics expects AI image devices to become the main source of growth in second-half 2022 sales......»»

Category: itSource:  digitimesRelated NewsNov 7th, 2022

Elan cancels LTA with chip foundry due to feeble notebook demand

Notebook touchscreen chip maker Elan Microelectronics expects its operation to continue facing a decline in the fourth quarter of 2022 because of weak notebook demand, while the company also announced the cancellation of a long-term agreement (LTA) w.....»»

Category: itSource:  digitimesRelated NewsNov 4th, 2022

Gigabyte sees orders for servers, motherboards, graphics cards remain stable

Gigabyte Technology expects its server orders to stay robust with revenues in the fourth quarter outperforming those in the third. Graphics card and motherboard sales will also remain stable despite graphics card prices already returning to normal......»»

Category: itSource:  digitimesRelated NewsNov 4th, 2022

Samsung reportedly expects Apple to introduce a foldable tablet in 2024

While companies like Samsung have been increasingly investing in foldable devices, Apple is yet to announce any products in this category. There’s no sign that the Cupertino-based company will announce a foldable phone in the short term, but Samsu.....»»

Category: topSource:  informationweekRelated NewsNov 4th, 2022