Thursday, June 4, 2020

Market Watch

SMIC to raise $2.8 billion with Chinese stock exchange listing

The Semiconductor Manufacturing International Corporation (SMIC) has filed for a ¥20 billion ($2.8 billion) listing on the Shanghai Stock Exchange. The chipmaker, which is...

Ambarella tops last year’s sales by 16 percent in FQ1

Ambarella, Inc. reported a 16 percent increase in year-over-year sales during the fiscal first quarter. The video processor manufacturer also beat Wall Street expectations...

BYD Semiconductor secures $265 million in outside investments

BYD Semiconductor, the microchip manufacturing division of battery-powered transport concern BYD, secured ¥1.9 billion ($265 million) in outside funding last week. Sequoia Capital China...

Marvell posts 4.7 percent annual growth in Q1

Marvell Technology revealed it grew its business by 4.7 percent during the first quarter, which exceeded Wall Street’s projections. The semiconductor company stated robust...

Alchip Technology reports record sales and income in Q1

Alchip Technology, Limited recently posted record revenue and income during the first quarter of 2020. The fabless semiconductor company enjoyed strong sales last period...

Global NAND market grows by 8.3 percent in Q1

DRAMeXchange, the research arm of TrendForce, recently reported the global NAND grew by 8.3 percent sequentially in the first quarter. The organization noted increased...

Keysight Technologies achieves record cash balance in FQ2

Keysight Technologies reported a record high cash balance of $1.8 billion for the fiscal second-quarter of 2020. However, due to the coronavirus pandemic’s impact...

Elmos Semiconductor improves Q1 revenue

Elmos Semiconductor AG increased its first-quarter sales by 3.3 percent from last year. The German manufacturer, which specializes in producing automotive components, also improved...

Latest news

Taiwan to offer foreign chipmakers $334 million in subsidies

Taiwan plans to attract foreign semiconductor manufacturers with NT$10 billion ($334 million) in subsidies, reports Bloomberg. The initiative would...
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Amazon launching June fashion sale event to rebound from COVID-19

Amazon has plans to launch a fashion discount event later this month for third-party sellers, reports CNBC. The e-commerce...

Report: Apple considering $334 million investment in new Taiwanese LED factory

Apple is considering an investment of NT$10 billion ($334 million) in a Taiwanese LED and microLED plant, reports Taiwan...

Must read

Alchip Technology reports record sales and income in Q1

Alchip Technology, Limited recently posted record revenue and income...

Cheetah contactless grocery delivery startup secures $39 million

San Francisco-based contactless food delivery firm, Cheetah, established itself...
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