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.....»»
Constance Stack joins Next DLP as CEO
Next DLP announced the appointment of Constance (“Connie”) Stack as its new chief executive officer. With Stack leading the way, Next expects to aggressively grow its market share and disrupt the legacy Data Loss Prevention (DLP) category. The DL.....»»
Amazon will pause corporate hiring for months
Amazon is pressing pause on corporate hiring and expects to keep the policy in place for months, in the latest sign that even the biggest tech companies are rethinking staffing in an uncertain economic climate......»»
EV contenders differ on automated driving
Tesla CEO Elon Musk expects self-driving cars by 2024 or sooner, but Rivian and Lucid aren't ready to remove driver controls like steering wheels and pedals just yet......»»
Yageo to expand sensor biz through acquisitions
Taiwan's top passive components vendor Yageo will add sensing solutions to its product lines by acquiring sensor business units of two European makers in October, demonstrating the company's ambition to strengthen its specialty electronics component.....»»
Aston Martin cuts delivery outlook
The company now expects to deliver as few as 6,200 cars, down from an earlier projection of more than 6,600 units, after parts shortages prevented some 400 autos from being shipped in the third quarter, it said......»»
VIS expects another revenue drop in 4Q22, cuts capex
Specialty IC foundry Vanguard International Semiconductor (VIS) has reported revenue fell nearly 13% sequentially in the third quarter, and expects to post another sequential revenue drop of over 25% in the fourth quarter......»»
Flexium to see 2022 sales return to pre-pandemic levels
Flexible PCB specialist Flexium Interconnect expects to see its sales this year return to pre-pandemic levels......»»
MediaTek expects over 15% revenue decline in 4Q22
IC design house MediaTek expects to post another sequential decline in fourth-quarter revenue, with revenue for all of 2022 likely to fall short of its target of 17-19% growth......»»
Win Semi expects over 10% revenue drop in 4Q22
GaAs foundry Win Semiconductors, which saw its revenue drop 26% sequentially in the third quarter of 2022, expects to post another sequential revenue decline of 11-13% in the fourth quarter. Gross margin is estimated at between 17% and 23%......»»
PTI plans 40% capex cut in 2023
Backend house Powertech Technology (PTI) expects its capex for 2023 to be about 40% lower than this year's level estimated at NT$17 billion......»»
Delta Electronics expects EV-use devices to begin profitability contribution in 2023, says chairman
Power supply maker and energy management solution provider Delta Electronics expects devices used in electric vehicles (EVs) to contribute to overall profitability beginning 2023, according to company chairman Yancey Hai......»»
Google just blew $100 million buying a company that makes digital avatars
According to a recent report, it seems that Google has spent a whopping $100 million on acquiring a company that makes AI-based avatars. The post Google just blew 0 million buying a company that makes digital avatars first appeared on Phandroid......»»
Moving the Revenue Dial: How Marketing Can Prove Contribution to Growth
CMOs are now accountable for revenue impact and acquiring new skill sets. Are you ready for marketing leadership in 2023 and beyond? Continue reading........»»
ASEH sees lower capacity utilization in 4Q22, cuts capex
OSAT ASE Technology Holding (ASEH) expects its capacity utilization rate to drop slightly in the fourth quarter of 2022, and has revised downward its capex outlook this year by about 10%......»»
Iteq to see over 60% of 2023 revenue from server and network device sectors
CCL maker Iteq expects sales generated from the server and network device sectors to account for 60% of its total revenue in 2023 compared to 55% a year earlier......»»
RichWave expects orders to pick up substantially in 1H23
Taiwan-based RichWave Technology, which specializes in Wi-Fi FEM (front-end module) solutions, expects a substantial pick-up in customer orders as early as the first half of 2023......»»
Apple predicts ‘substantial’ drop in Mac revenue for holiday quarter, slower growth
Apple on Thursday announced its Q4 2022 results. Although the company reported record earnings in every category except for the iPad, Apple expects Mac revenue will drop “substantially” next quarter compared to Q1 2022 results. At the same time,.....»»
Mac revenue set a record for Apple but will decline in the next quarter
Mac sales were strong during Apple's September quarter amid a declining PC market, but the company expects Mac revenue to slow down in Q4 compared to the same period in 2021.Mac StudioApple has announced its earnings report on Thursday, October 27, w.....»»
CCL equipment maker Asia Metal expects double-digit revenue gain for 2022
Taiwan's CCL (copper-clad laminate) processing equipment supplier Asia Meal Industries (AMI) expects its annual revenues for 2022 to register a double-digit growth despite a slowdown in CCL demand for PC and other consumer applications......»»
Faraday sees 2023 another growth year
Taiwan-based Faraday Technology, a fabless ASIC service and silicon IP provider, expects to post another on-year revenue growth in 2023......»»