
Industry News
17 Jul 2024
By Taipei Times
Powerchip net losses widen on new fab costs
Powerchip Semiconductor Manufacturing Co (力積電) yesterday said that net losses ballooned to NT$1.96 billion (US$60.1 million) in the second quarter, as heavy manufacturing costs from a new fab outweighed the improvement in customer demand and factory utilization.
17 Jul 2024
By Taipei Times
Huawei finishing largest R&D center in Shanghai
Huawei Technologies Co (華為) is close to finishing the construction of a semiconductor research and development (R&D) center in Shanghai, in a move that is likely to advance China’s technological ambitions even as the US tries to halt its rise.
8 Jul 2024
By The Business Times
Singapore’s medtech sector and locally made medical devices punching above their weight
ONE in 10 contact lenses used globally comes from Singapore, as does one in five cardiac-related implants such as surgical structural heart valves, pacemakers and stents.
The Republic also produces half the mass spectrometry systems used worldwide to test for a range of things such as drugs or food contamination, and 90 per cent of gene chips that allow scientists to evaluate and store large amounts of genetic data.
5 Jul 2024
By Reuters
Foxconn Q2 revenue beats market forecast on AI server demand
TAIPEI, July 5 (Reuters) - Taiwan's Foxconn, opens new tab, the world's largest contract electronics maker and Apple's biggest iPhone assembler, posted on Friday better-than-expected quarterly revenue on AI server demand, and forecast continued growth in the current quarter.
2 Jul 2024
By onsemi News & Media
onsemi Enhances Intelligent Sensing Portfolio with Acquisition of SWIR Vision Systems
SCOTTSDALE, Ariz. – July 2, 2024 – As part of onsemi’s continuous drive to provide the most robust, cutting-edge technologies for intelligent image sensing, the company announced today it has completed the acquisition of SWIR Vision Systems®. SWIR Vision Systems is a leading provider of CQD® (colloidal quantum-dot-based) short wavelength infrared (SWIR) technology – a technology that extends the detectable light spectrum to see through objects and capture images that were not previously possible. The integration of this patented technology within onsemi’s industry-leading CMOS sensors will significantly enhance the company’s intelligent sensing product portfolio and pave the way for further growth in key markets including industrial, automotive and defense.
2 Jul 2024
By The Strait Times
Output for S’pore electronics and non-electronics diverge a second month
SINGAPORE – Factory output for electronics and non-electronics continue to diverge for a second month in June and may start to become a source of concern.
The purchasing managers’ index (PMI), a barometer of the manufacturing sector, dipped to 50.4 points in June, from May’s 50.6 points, according to the latest data released by the Singapore Institute of Purchasing and Materials Management on July 2.
In contrast, the electronics PMI, a key sector of manufacturing, rose to 51.2 points, from the previous month’s 51.1 points.
1 Jul 2024
By The Straits Times
South Korea factory activity sees fastest growth in 26 months on rising demand
SEOUL - South Korea’s factory activity growth quickened in June to the fastest in 26 months, as new orders jumped on improving global demand, a private sector survey showed on July 1.
The purchasing managers index (PMI) for manufacturers in Asia’s fourth-largest economy, compiled by S&P Global, rose to 52 in June, from 51.6 in May, on a seasonally adjusted basis.
1 Jul 2024
By The Straits Times
Asia’s factory activity expands in June on solid global demand, surveys show
TOKYO - Asia’s factory activity expanded in June on solid momentum in the global economy and brightening prospects for semiconductor output, surveys showed on July 1, offering policymakers some hope that the region can weather the hit from soft Chinese demand.
But cost pressures weighed on manufacturers in countries such as Japan, where the weak yen is boosting the price that companies pay for fuel and raw material imports.
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