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.....»»
VinFast partners with ProLogium on solid-state EV batteries
Vietnamese automaker VinFast has signed a deal with Taiwanese solid-state battery maker ProLogium to secure EV batteries starting from 2024. VinFast expects to launch its first EVs in the U.S. this year......»»
Apple"s A16 processor to be exclusive to iPhone 14 Pro, says Kuo
Backing up previous rumors, analyst Ming-Chi Kuo says that only the iPhone 14 Pro models will feature the new A16 processor - and that consequently, Apple expects to sell a greater proportion of the Pro models than usual.Analysts including Ming-Chi K.....»»
Indonesia"s auto supplier DRMA sees recovering chip supply as BKPM lowers EV growth projection
Indonesia car parts supplier Dharma Polimetal (DRMA) expects supply of microchips to return to normal next month, according to Indonesian-language news outlet Bisnis......»»
ESMT upbeat about customized SoC memory demand
Demand for customized SoC memory solutions remains relatively brisk compared to conventional memory chips, according to Elite Semiconductor Memory Technology (ESMT). The memory IC design house expects orders for customized SoC products to mitigate th.....»»
CFTC upbeat about automotive component demand
Precision stamping parts maker China Fineblanking Technology (CFTC) expects its automotive component sales to continue growing and drive the company's revenue growth in the second half of 2022......»»
Asia IC50: Renesas celebrates strong performance with resilience and expects good days to last
In the latest Asia IC50 survey, Japanese automotive chip manufacturer Renesas, ranked the 9th largest semiconductor company in revenues and in operational income, celebrates outstanding performance in 2021 despite difficulties, and anticipates robust.....»»
Ikka to acquire Sol-plus to supply EV plastic components
Car parts supplier Daiichi Kasei Co (IKKA) has announced that it is acquiring Japan-based tier-2 automotive supplier Sol-Plus and its subsidiaries in Japan and Thailand with cash and stock swaps. The acquisition will complement IKKA's presence in the.....»»
Ardentec breaks ground for new factory site in Taiwan
Dedicated IC testing house Ardentec has broken ground for a new factory site in Longtan, northern Taiwan, and expects to start operating the site by 2024......»»
IntelliEPI upbeat about InP epi-wafer demand for 5G device apps
Epitaxial wafer supplier Intelligent Epitaxy Technology (IntelliEPI) expects robust InP-based epi-wafer demand for 5G related device applications to drive its revenue growth this year, according to company chairman YC Kao......»»
IPC maker Getac expects revenue growth in 2022
Rugged PC maker Getac remains cautiously optimistic about performance in the second half of 2022, owing to the implementation of government budgets and pull-in orders from channel customers. Although the overall PC market has been met with headwinds,.....»»
Holtek to drop prices for some MCUs
Holtek Semiconductor plans to drop prices for part of its MCUs by less than 10%, and expects the second half of 2022 to be particularly weak for the consumer electronic sector......»»
KYEC on track to post revenue growth in 2022
IC testing house King Yuan Electronics (KYEC) expects to post revenue growth in 2022, as strong demand for automotive and industrial chips will offset weakness in demand for consumer electronics......»»
CMMT to post shipment falls in June, July
Cheng Mei Materials Technology (CMMT) expects its polarizer shipments to fall in June and July, as panel vendors scale down their output......»»
Meta expects a billion people in the metaverse by 2030
Meta believes that a billion people will be participating in the metaverse by 2030, despite the concept feeling very nebulous at the moment......»»
No Apple deal with NFL for streaming Sunday Ticket yet, CNBC reports
Apple has been interested in acquiring rights to stream NFL games for years. Recent deals with Major League Baseball and Major League Soccer show its appetite for streaming sports, and this year, the NFL’s Sunday Ticket package has been seeking a.....»»
Meta CEO Says It Expects One Billion People to Be in The Metaverse by 20230
The Zuck went on Mad Money to opine on the future of the metaverse, saying it will be generating hundreds of billions of dollars for the company, someday. The post Meta CEO Says It Expects One Billion People to Be.....»»
BizLink upbeats about prospects for 2H22
Cable and wire system provider BizLink Holding is guardedly optimistic about its business outlook for the second half of 2022, as demand for datacenter and industrial applications remains stable despite macro headwinds......»»
eBay Now Has An Established NFT Marketplace At Its Bidding
eBay made its biggest move yet into the world of digital collectibles with news today of the company acquiring NFT marketplace KnownOrigin. The online auction company is keeping lips sealed on the deal's value but confirmed in the press release that.....»»
Ledtech expects revenue and profit gains in 2022
LED lighting module maker Ledtech Electronics, which managed to swing back to profitability in 2021, expects to post revenue and profit increases this year......»»
Q&A: Magna CEO explains why the megasupplier expects a big boost from industry"s EV shift
CEO Swamy Kotagiri says the supplier's content per vehicle is poised to rise sharply in EVs for products such as all-wheel-drive systems, while Magna's new battery enclosures business is forecast to reach sales of more than $1.5 billion by 2027......»»