Innolux slips into the red in 2Q22
Panel maker Innolux swung to losses in the second quarter of 2022, ending a streak of seven quarterly profits......»»
T-Mobile, Verizon enjoy growth in FWA subscription in 2Q22, says DIGITIMES Research
Although the US has continued raising interest rates trying to curb inflation, US consumers remain concerned about the future economy, leading to diwndling purchasing power. However, local telecom operators T-Mobile and Verizon continued witnessing o.....»»
Innolux keeps adjusting inventory, says president
LCD panel maker Innolux has been cutting production to cope with persistently weak demand, and expects inventory to decrease to desired levels at the end of fourth-quarter 2022, according to company president James Yang......»»
US PC shipments fell 23% in 2Q22 amid waning consumer demand, says Canalys
US shipments of desktops, notebooks and workstations fell by 23% on year in the second quarter of 2022 to 19.8 million units......»»
Innolux exhibits fruition of digital transformation and innovation in technology, product
TFT-LCD panel maker Innolux hosted a special event to exhibit fruition of its efforts in digital transformation of business operation as well as innovation in technology and products, according to the company......»»
Chinese EV maker Nio reports decreased 2Q22 margin, facing substantial delivery pressure in 4Q22
China-based EV startup Nio's total revenues reached CNY10.29 billion (US$1.54 billion) in the second quarter of 2022, a 21.8% increase from the previous year. However, the company's overall gross margin and vehicle margin both declined mainly due to.....»»
Innolux stepping into IC packaging
Innolux will remodel a 3.5G LCD panel factory to house an IC packaging line, with production to begin in second-half 2023, according to company president James Yang......»»
Taiwan PC monitor shipments to decline in 3Q22 after flat 2Q22, says DIGITIMES Research
PC monitor shipments from Taiwan makers reached 23 million units in second-quarter 2022, flat sequentially and up 3.9% on year. But shipments will drop in the third quarter, and global PC monitor shipments will see an on-year decline of 2.9% to reach.....»»
India"s smart TV shipments grows 74% in 2Q22
India's smart TV shipments continue to grow rapidly, attracting more and more new competitors to launch new products. The upcoming 5G rollout is expected to encourage more demand for smart TV......»»
Global notebook shipments to rise in 2H22 after slip in 2Q22, says DIGITIMES Research
Global notebook shipments, not including models with a detachable keyboard, dropped 16% sequentially and 24% on year in the second quarter of 2022, but the volumes will see sequential growths in the third and fourth quarters, according to DIGITIMES R.....»»
China tablet market up 4% in 2Q22 as PC market suffers worst annual decline since 2013, says Canalys
China's PC (desktop, notebook and workstation) shipments fell by 16% in the second quarter of 2022, according to figures from Canalys......»»
XPeng sees 97% revenue growth in 2Q22 with mild drop in gross margin
China-based electric vehicle (EV) startup XPeng almost doubled vehicle deliveries in the second quarter of 2022, thanks to strong demand for its two sedans. The company created total revenues of CNY7,436.3 million (US$1,110.2 million) while seeing gr.....»»
Park Beyond slips to 2023
We saw a new trailer for theme park simulator Park Beyond during the Gamescom Opening Night Live event today. We saw a new trailer for theme park simulator Park Beyond during the Gamescom Opening Night Live event today.Read More.....»»
Innolux to scale back output further
Innolux plans to scale back further its output, which will result in an 11-13% shipment decline sequentially in the third quarter, according to sources at the panel maker......»»
Appier 2Q22 revenues hit record
AI-based SaaS (software as a service) developer Appier posted consolidated revenues of JPY4.4 billion (US$33.9 million) for the second quarter of 2022, the historically highest quarter level with a growth of 56% on year, according to the company......»»
Li Auto reported 21.5% gross margin in 2Q22, saying new model coming soon
Li Auto, one of China's promising electric vehicle (EV) startups, reached total revenues of CNY8.73 billion (US$1.3 billion) in the second quarter. With a slightly decreasing gross margin of 21.5%, the company said it will launch a new model "sooner.....»»
Global DRAM revenue grows 6.5% in 2Q22, says TrendForce
Revenue of the global DRAM memory market grew 6.5% sequentially to US$25.59 billion in the second quarter of 2022, when certain DRAM suppliers managed to boost their bit shipments, according to TrendForce......»»
Memory module firm Team Group reports loss in 2Q22
Memory module house Team Group swung to losses in the second quarter but remained profitable in the first half of 2022......»»
Sharp sees decreased 2Q22 revenues, operating profit
Sharp has released the financial report for the first quarter of its fiscal year 2022 (second quarter of 2022), with sales revenues of JPY562.174 billion (US$4.22 billion) decreasing 6.54% on quarter and 8.08% on year and operating profit of JPY6.115.....»»
Falling demand and US sanctions leave marks on SMIC"s earnings report
Semiconductor Manufacturing International Corp. (SMIC) has posted its earnings report for 2Q22, showing a 41.6% YoY revenue growth reaching US$1.9 billion. Gross profit was US$750 million, an 85.3% YoY growth from $405 million in Q2 2021. Gross margi.....»»
GlobalFoundries announces record 2Q22 results
GlobalFoundries (GF) has reported record quarterly revenue of US$1.99 billion for second-quarter 2022, up 23% from a year ago, with gross margin reaching a record high of 27%, almost double the 14.3% for the same period last year......»»