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.....»»
Ennoconn sees record orders in major business sectors
Taiwan-based Ennoconn sees record highs in orders for its three major business sectors, and with no signs of the orders slowing down, company chairman Steve Chu expects clear growth in the high double digits for the second half of 2022 and even 2023......»»
Himax expects 35-39% revenue decline in 3Q22
Display driver IC (DDI) specialist Himax Technologies, which saw its revenue decline 24.3% sequentially in the second quarter, expects to post another sequential drop of a larger 35-39% in the third quarter......»»
Adata strives to cut inventory, eyes gross margin rebound in 3Q22
Taiwan-based memory modules vendor Adata Technology continues to cut its excess inventory, and expects its gross margin to recover starting in the third quarter after hitting a low of 10.8% in the second quarter, which was down 4.7pp sequentially, ac.....»»
WPG expects 5-10% sales drop in 3Q22
IC distributor WPG has reported net profits and EPS for the second quarter of 2022 beat its estimates given previously, buoyed by non-operating income, when revenue slipped 5.2% sequentially to NT$199.06 billion (US$6.64 billion). The company expects.....»»
GMT expects PMIC demand to pick up in 2023
Power management IC specialist Global Mixed-mode Technology (GMT) has seen PMIC demand turn weak since the second quarter, with the demand unlikely to pick up until 2023, according to company president Wu Chin-Chuan......»»
TPK expects sales to pick up in 3Q22
Touch module maker TPK Holding expects revenue to pick up in the third quarter of 2022, buoyed by a ramp-up in orders for tablets and commercial notebooks featuring large-size panels......»»
Poll: Would you still buy iPhone 14 Pro despite rumored price increase?
Earlier this week, Apple analyst Ming-Chi Kuo said he expects iPhone 14 Pro and iPhone 14 Pro Max to be more expensive than the current iPhone 13 Pro and iPhone 13 Pro Max variants. With that in mind, do you think you would still buy this phone? mo.....»»
EVs among the 6 major growth drivers for India"s L&T Tech Services
As global demand for the next generation of automotive heats up, Indian engineering and R&D giant L&T Technology Services (LTTS) expects the electrification, autonomous, and connected vehicles (EACV) segment to present a sea of new opportunities. Alo.....»»
Global foldable smartphone shipments to reach 20 million units in 2022, predicts Samsung
Samsung Electronics is upbeat about the prospects of foldable smartphones and expects global shipments of foldable models to reach 20 million units in 2022, according to Samsung Taiwan vice president Jacob Chen......»»
A ‘potentially hazardous’ asteroid will zoom past Earth this week
NASA expects a potentially hazardous asteroid to zoom past Earth later this week. The asteroid’s approach can be seen in more detail on the NEO Earth Close Approaches list, which NASA keeps updated. Based on observations, the asteroid is between 42.....»»
Honda focuses on deliveries, rather than recession talk, as profits fall
Honda expects higher inflation and interest rates to eventually have an impact on the U.S. economy, but for now, its top priority is delivering more product to customers......»»
Zhen Ding expects sales growth in 2H22
PCB manufacturer Zhen Ding Technology expects its revenue in the second half of 2022 to outperform the year-ago level, according to company chairman Charles Shen......»»
PixArt Imaging pessimistic about 3Q22
CMOS image sensor IC design house PixArt Imaging holds pessimistic outlook on its third-quarter 2022 business and expects shipments and gross margin for the quarter to decline sequentially......»»
iRobot CEO Colin Angle on Data Privacy and Robots in the Home
Editor’s note: Last week, Amazon announced that it was acquiring iRobot for $1.7 billion, prompting questions about how iRobot’s camera-equipped robot vacuums will protect the data that they collect about your home. In September of 2017, we spo.....»»
Apple"s first mixed reality headset will be expensive, but the company has high hopes for it
Apple expects to unveil its mixed reality headset sometime in January 2023, and the rumor mill has been abuzz with hints about it in recent months. For one, the Cupertino giant will supposedly lean on the Chinese market for the new device to improve.....»»
Apple radically cuts down on acquiring firms for technology and talent
Apple bought seven times more firms in 2020 than it now has across both 2021 and 2022 so far, according to new regulatory filings.Apple only rarely makes high-cost, high-profile acquisitions like its 2014 one of Beats. Nonetheless, it has been steadi.....»»
Novatek expects sharp declines in 3Q22 sales
Driver IC (DDI) design house Novatek Microelectronics has a bleak outlook for third-quarter 2022 mainly because global demand for TVs, smartphones and notebooks remains weak, according to company vice chairman and president Steve Wang......»»
Delta expects 2H22 sales from EV-use devices to grow 30-40%
Power supply maker and energy solution provider Delta Electronics expects sales from devices used in electric vehicles (EVs) in the second half of 2022 to increase 30-40% on year, according to company chairman Yancey Hai......»»
Why Amazon acquiring iRobot will make Roombas even better
Amazon has signed a deal to acquire iRobot, and that could mean a lot of benefits for customers......»»
Amazon acquiring Roomba makers for $1.7 billion in latest smart home push
Amazon is making another acquisition to shake up the smart home industry and further expand its presence inside your home. The company announced on Friday that it is dropping $1.7 billion to acquire iRobot, the makers of the . more… The post Am.....»»