Silicone distributor Topco braces for weak 3Q22
Topco Technologies, which distributes silicone materials for Japan-based Shin-Etsu Chemical, expects weak performance in the third quarter of 2022 due to inventory correction in the related supply chain......»»
India"s PC shipments fall by nearly 30% in 4Q22
India saw a steep fall in traditional PC shipments, and with inventories still high, the market is bracing for another demand drop in the current quarter. Even Apple, which stood out in India for the past quarters, may not be immune to the weak deman.....»»
IC material distributor Topco aims for double-digit revenue surge
Semiconductor materials distributor Topco Scientific has set a double-digit revenue growth target for 2023, according to the Taiwan-based company......»»
Sam"s Club membership & $20 travel & entertainment promo code for $24.99
New Sam's Club members can take home a standard membership valued at $50 for only $24.99, plus get a free $20 Travel & Entertainment promo code.50% off Sam's Club membership.Sam's Club is a warehouse-style bulk goods distributor specializing in low p.....»»
Samsung woos Qualcomm at 6 nm, targeting MediaTek next
Facing global weak demands for memory and smartphones, Samung Electronics has been seeing strong order competition from TSMC. However, the South Korean company is planning for a comeback. According to sources from semiconductor supply chain, Samsung.....»»
Global tablet market, 4Q 2022
Because of the weak economy and consumer confidence, tablet brands will continue to scale back their shipments in the first quarter of 2023 with overall volumes estimated to decrease by 20% from the prior quarter......»»
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......»»
Taiwan semiconductor industry to rebound at full swing in 3Q23, says Topco
Semiconductor materials distributor Topco Scientific expects Taiwan's semiconductor industry to begin picking up in the second quarter before rebounding at full throttle in the third quarter......»»
Volvo braces for challenges in 2023 after quarterly profit falls
Despite global turbulence, the automaker forecast double-digit percentage growth in 2023 vehicle sales after recording a 12 percent decline in global volume last year......»»
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......»»
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......»»
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......»»
Avnet expects U-shaped semiconductor recovery
The semiconductor market is expected to experience U-shaped recovery, according to Prince Yun, president of Asia Pacific at Avnet, an international IC distributor......»»
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.....»»
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......»»
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.....»»
New HomePod still leaves rings on finished wood surfaces
HomePod has a silicone base for vibration dampening, but this material can react with some wood finishes that will leave a white ring behind.HomePod's silicone base will leave rings on finished woodUsers were quick to discover damaged surfaces under.....»»
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......»»