Chipmakers brace for weak 1H23
Foundries and IC design houses, particularly tier-2 players, are bracing for a weak first half of 2023 and may face a new wave of reshuffling that will challenge the industry, according to industry sources......»»
India roundup: India smartphone market saw a 10% fall in 2022
Due to high inflation and inventory, India's smartphone shipments saw a huge drop in 2022. Samsung Electronics began manufacturing more flagship smartphones in India to drive premium phone sales as the weak economy does not bode well for entry-level.....»»
Win Semi conservative about 1Q23 operations
Gallium arsenide (GaAs) foundry Win Semiconductors is conservative about its operations in the first quarter of 2023, citing ongoing weak demand and the traditional low season......»»
China firms to resume expansion for miniLED production
China-based LED chipmakers are about to restart increasing the capacity for their miniLED production in anticipation of a gradual increase in demand in the second half of this year, according to sources from the equipment supply chain......»»
Arm outperforms other tech giants with a 28% revenue growth
Thanks to long-term agreements with key customers and premium phones that are powered by advanced chips, Arm posted strong revenue growth when the other tech giants saw declining sales and profits in the weak economy......»»
Taiwan handset sales unlikely to pick up until 2024
Sales of handsets in the Taiwan market will mostly remain weak in 2023, and a significant pick-up in demand is unlikely to happen until 2024, according to sources at local retail channels......»»
Taiwan memory chipmakers to see sales hit bottom in 1Q23
Taiwan-based memory chipmakers are poised to see their operations hit bottom for 2023 in the first quarter, according to industry sources......»»
IC backend houses brace for poor 1Q23
As a result of continuing inventory adjustments at clients, IC backend firms such as King Yuan Electronics (KYEC) and Sigurd Microelectronics are bracing for poor sales results for the first quarter of 2023, according to industry sources......»»
Skyworks posted a double-digit fall in sales and profit
As the smartphone market in China is facing challenges due to a weak economy and the pandemic, wireless solutions provider Skyworks posted an annual drop in both sales and profit and may see another drop in the January-March quarter......»»
Memory chip inventories continue to swell
Memory chipmakers including major ones have come under intense inventory pressure, prompting suppliers engaged in the industry supply chain to be cautious about shipment pull-ins from terminal device customers that may not take place until the fourth.....»»
Apple saw worst holiday performance in 4 years, but sees hope in India
As seen on Apple's latest financial results, the world's largest company by market cap suffered from a weak economy and supply constraints that led to the worst holiday performance for Apple in four years......»»
MediaTek to see headwinds challenge sales in 1H23
Mobile SoC specialist MediaTek will still see headwinds from the handset market challenge its operations in the first half of 2023, according to market sources......»»
Apple reports Q1 2023 earnings miss amid weak iPhone sales and supply shortages
Apple’s highly-anticipated earnings for fiscal Q1 2023 are here, covering the months of October, November, and December. This quarter represents the all-important holiday shopping season for Apple and was also the first full quarter of iPhone 14 a.....»»
IC design houses to see challenging 1H23
Taiwan-based IC design houses will be caught between cutting prices to boost sales and maintaining profitability in the first half of 2023, according to industry sources......»»
Chipmakers see top cloud providers scale back orders
Chip orders for servers from top cloud service providers have dropped dramatically, casting a shadow over server demand prospects for 2023, according to industry sources......»»
Tesla ignites an EV price war, suppliers brace for givebacks
Suppliers are bracing for Musk seeking givebacks......»»
EV maker Rivian to cut 6% of jobs amid price war
Rivian Automotive is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with falling cash reserves and a weak economy, braces for an industry-wide price war......»»
MCU price war lingers in 1H23 as makers continue inventory depletion
A price war between Taiwanese and Chinese suppliers of MCUs for consumer applications will persist in the first half of 2023 as they remain under pressure to trim inventories amid sluggish demand for notebooks, desktops and other consumer electronics.....»»
SK Hynix records first operating loss in a decade
Due to weak demand and declining memory prices, SK Hynix saw its first operating loss in a decade and its first quarterly net loss in three years. The chipmaker will maintain its plan to reduce investments and costs for 2023......»»
Largan Precision, GSEO step into non-smartphone-use lens modules
Smartphone lens module makers Largan Precision and Genius Electronic Optical (GSEO), in view of weak global demand for smartphones, have actively stepped into development and production of lens modules used in automotive cameras and VR/AR devices, ac.....»»
Samsung"s operating profit drops 70%, sales for foundry service breaks record
Due to a weak economy that leads to low demand for electronics, Samsung Electronics posted a sharp fall in its operating profit and expects the business environment to improve in the second half of 2023......»»