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.....»»
PTI expects flat performance in 3Q22
Powertech Technology (PTI) will be striving to keep its third-quarter revenue about on par with the second-quarter level amid volatile market conditions, according to the memory and logic backend house......»»
Laster Tech to post revenue growth through 4Q22
LED automotive lighting module maker Laster Tech expects to post sequential revenue increases through the fourth quarter of 2022, with revenue for the year registering a 13-15% surge compared to 2021......»»
FTC files to block Facebook-parent Meta from buying a VR company
The Federal Trade Commission on Wednesday moved to block Facebook-parent Meta from acquiring virtual reality company Within, offering the clearest signal yet that the agency could take a tougher stance on Silicon Valley deals involving newer technolo.....»»
GM net income drops 40% in Q2 to $1.7B
The automaker said it expects stronger results in the second half of 2022 to meet its existing guidance of $13 billion to $15 billion in adjusted earnings......»»
VW launches U.S. production of ID4 compact BEV crossover
Volkswagen of America said it has started salable production of its ID4 electric crossover at its assembly complex in Chattanooga and expects to be producing up to 7,000 of them per month there by the fourth quarter......»»
Young Optics gearing up for metaverse device boom
Optical component and module maker Young Optics expects to kick off shipments for metaverse device applications between the end of 2022 and early 2023......»»
Amazon to buy One Medical – should this be Apple’s next step in healthcare?
Amazon is acquiring One Medical, a company that operates a network of boutique primary-care practices, for around $3.9 billion. As the health market is one of the most profitable in the world and Apple is heavily betting in this sector with the Appl.....»»
Deep learning for new alloys
When is something more than just the sum of its parts? Alloys show such synergy. Steel, for instance, revolutionized industry by taking iron, adding a little carbon and making an alloy much stronger than either of its components......»»
TrendForce expects larger NAND flash price falls in 3Q22
NAND flash prices are forecast to drop by 8-13% in the third quarter of 2022, according to TrendForce, which estimated previously an up to 8% decrease......»»
Lite-On Tech expects continued sales growth for 3Q22
EMS provider Lite-On Technology expects to post another sequential and on-year revenue increase in the third quarter of 2022, thanks to strong demand for automotive and cloud computing applications......»»
EV development and sales accelerating in 2022, says DIGITIMES Research
DIGITIMES Research expects global supply chain resources to continue to be invested in electric vehicle (EV)-related technologies, driven by governments' power-saving policies and automakers' business deployments......»»
TSMC sees customers adjust inventory through 1H23
TSMC expects to see customers adjust inventory likely through the first half of 2023, which, nevertheless, will still be another growth year for the pure-play foundry, according to company CEO CC Wei......»»
Largan optimistic about outlook for July-August
Lens module maker Largan Precision expects sales to improve in July and August compared to June, thanks to seasonal demand......»»
Flexium expects order momentum to pick up in 2H22
Flexible PCB specialist Flexium Interconnect expects the robust developments in the 5G/6G, smart appliances, automotive electronics and AR/VR sectors to ramp up its order momentum in the second half of 2022......»»
Nintendo to form Nintendo Pictures following latest acquisition
Nintendo is acquiring Dynamo Pictures and will rebrand it to Nintendo Pictures once the acquisition is complete......»»
Apple the ‘most likely winner’ of $3 billion NFL deal, UEFA Champions League could be next
Multiple reports have been suggesting in recent months that Apple is interested in acquiring the rights to stream NFL games. While nothing has been confirmed, a new report from Puck News corroborates that a deal between Apple and the NFL is closer t.....»»
TSMC expects even stronger growth for 2022
TSMC expects its third-quarter revenue in US dollar terms to grow about 11.2% at the midpoint. Revenue for all of 2022 in US dollar terms is forecast to register a 34-36% increase, an upward revision from its previously-set 25-29% growth......»»
iPhone 13 still selling well -- and Apple expects iPhone 14 to do even better
Apple's iPhone 13 is continuing to sell well months after its launch and despite a downturn in the overall smartphone market — and the iPhone 14 could still sell even better.iPhone 14 Pro rendersAmid signs of a cooling global smartphone market, two.....»»
Force-MOS obtains new orders for power supply systems
Taiwan-based Force-MOS Technology has developed new MOSFET products in cooperation with clients engaged in the power supply and battery module segment, and expects orders for the new offering to start generating revenue in the third quarter of 2022......»»
Adata adjusts inventory amid memory price volatility
Taiwan-based memory modules vendor Adata Technology has actively lowered its inventory to mitigate the impact of recent memory price volatility, and expects fundamental peak-season demand to bolster its third-quarter revenue performance......»»