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NEWS TAGGED LOSS
Wednesday 26 June 2024
Sumitomo Chemical downsizes LCD materials, scales up investment in semiconductor materials
Japan-based Sumitomo Chemical is refining its growth strategy by downsizing its LCD component business while expanding its semiconductor materials division.
Thursday 30 May 2024
Apple iPhone order loss threatens Coherent's UK chip plant closure
US semiconductor manufacturer Coherent is facing the potential closure or sale of its 29,000-square-meter wafer fab in Newton Aycliffe, County Durham, UK.
Monday 27 May 2024
Will Chinese EV makers leverage declining sales to limit losses?
The cutthroat price competition in China in the past year has pressured many local automakers, resulting in significant losses. Some companies might have accepted their falling EV...
Wednesday 15 May 2024
Tablet and headset shipments increase, GIS turns loss into profit in 1Q24
Apple's supply chain experienced inventory adjustments in the market, with the launch of new products in 2024 driving the recovery of supply chain operations.
Tuesday 14 May 2024
Intel names new head for foundry services
Intel has announced the appointment of Kevin O'Buckley as senior VP and GM of Foundry Services, the customer service and ecosystem operations division of Intel Foundry. O'Buckley...
Friday 10 May 2024
TASC board undergoes major transformation as equipment depreciation impacts short-term profitability
Taiwan-Asia Semiconductor Corporation (TASC), in its transition from optoelectronic sensing, reported a post-tax loss of NT$38 million in the first quarter of 2024.
Friday 26 April 2024
LMOC incurred net loss in 1Q24 despite SiPh shipment reaching record high
Despite Silicon Photonics (SiPh) shipments reaching a record high, LandMark Optoelectronics Corporation (LMOC) incurred a net loss of NT$47 million in the first quarter of 2024, marking...
Friday 26 April 2024
LGD eyeing return to profitability in 2H24
LG Display (LGD) reported a year-on-year improvement in revenue and operating losses for the first quarter of this year. The firm aims to return to profitability in the second half...
Friday 19 April 2024
TSMC to recognize earthquake damage losses of NT$3 billion in 2Q24
After releasing its first quarter financial results on April 18, TSMC issued another important news release later in the evening to explain the impact of the April 3 earthquake.
Thursday 11 April 2024
Nanya posts smaller loss in 1Q24
DRAM maker Nanya Technology has announced a significant improvement in net losses in the first quarter of 2024 compared to the previous quarter and predicts a double-digit ASP rise...
Wednesday 3 April 2024
Intel reports widening loss in foundry business in 2023, aims for break even in 2027
In response to the corporate restructuring by Intel announced earlier, which involves Intel Foundry and Altera, the company disclosed a widening loss at its foundry service and expects...
Monday 19 February 2024
Kioxia's losses widen as lack of HBM products takes toll
Japanese NAND flash memory maker Kioxia has reported a significant net loss of JPY254 billion (approximately US$1.7 billion) in the first three quarters of fiscal year 2023 (April...
Thursday 26 October 2023
SK Hynix DRAM biz returns to profitability in 3Q23
The memory market is still slow. Operating losses at SK Hynix continued in the third quarter of 2023, but the quarterly loss was reduced by 37.8%. Despite this, its DRAM division...
Tuesday 24 October 2023
Memory chipmakers seeking profitability
Memory chip manufacturers are currently more concerned with regaining profitability than expanding their market share, according to industry sources.
Thursday 12 October 2023
Nanya expects DRAM bit shipments and ASPs to rise in 4Q23
DRAM chipmaker Nanya Technology expects its bit shipments and ASPs to rise in the fourth quarter of 2023, which will result in a decrease in operating loss.