Gadgets & Electronics

Guoxin Micro Net Profit Up 87.51% In First Three Quarters Of 2020

Guoxin Micro recently released its financial report for the first three quarters of 2020, stating that the company's net profit was CNY685 million, a...

TSMC Plans To Build New Plant In Arizona

Wendell Huang, CFO of Taiwan Semiconductor Manufacturing Company, recently announced at a press conference that if conditions permit, TSMC will build a new wafer...

MediaTek Operating Revenue Up 41.98% In August 2020

Taiwanese chip manufacturer MediaTek announced that the company's operating revenue reached TWD32.716 billion, which was about CNY7.639 billion, in August 2020, a year-on-year increase...

Midea Operating Revenue Down 9.47% In H1 2020

Midea Group recently published its financial report for the first half of 2020, stating that its total operating revenue was CNY139.7 billion, a year-on-year...

Hon Hai Reported Net Profit Of TWD22.9 Billion For Q2 2020

Hon Hai recently published its performance for the second quarter of 2020, stating that its net profit reached TWD22.9 billion, which was higher than...

JD, Gome Announced CNY30 Billion Joint Procurement Plan

JD and Gome announced to launch a CNY30 billion joint procurement plan, which is reportedly the largest home appliances and consumer electronics industry procurement...

SMIC Reported Net Profit Of USD138 Million In Q2 2020

Semiconductor Manufacturing International Corporation recently published its unaudited financial report for the second quarter of 2020. According to the report, SMIC's sales reached USD938.5 million,...

Picocom, IMECAS To Build 5G Chip Joint Lab

Picocom, an innovation company focusing on new-generation wireless communication technology core chip and related software R&D and application, recently announced that the company has...

IDC: China's Tablet Production Capacity Down 29.8% In Q1 2020

IDC recently released its latest quarterly tracking report on the tablet market, stating that during the first quarter of 2020, China's tablet market shipment...

TSMC Rumored To Build New Plant In US With USD12 Billion

According to reports in foreign media, the world's leading computing chip foundry Taiwan Semiconductor Manufacturing Company will announce plans to invest USD12 billion to...

Intel Announced Investments In Two Chinese Semiconductor Companies

According to reports in foreign media, Intel announced that its venture capital institution Intel Capital had invested in two Chinese semiconductor start-ups. One of the...

Apple Approved To Expand Investment In Taiwan

According to reports in Taiwanese local media, Apple recently gained an approval from Taiwan authorities to expand its investment in local market by TWD10...

LG Electronics, JD Sign CNY5 Billion Strategic Cooperation Agreement

According to reports in Chinese local media, LG Electronics and JD recently signed a strategic cooperation agreement. Under the agreement, the two parties aim at...

CSOT To Build Second Flexible OLED Product Line In Wuhan

According to reports in Chinese local media, CSOT plans to build its t5 project in addition to the existing t3 and t4 projects and...

TSMC Net Profit Up 90.6% In Q1 2020

Taiwan Semiconductor Manufacturing Company Limited recently published its financial report for the first quarter ended March 31, 2020. According to the report, TSMC's combined revenue...

Qualcomm, BOE Team To Develop Innovative Display Product

Qualcomm and BOE recently announced to implement strategic cooperation and the two parties will develop innovative display product which integrates Qualcomm 3D Sonic fingerprint...

Foxconn Sales Down 7.7% In March 2020

Foxconn, one of the major suppliers of Apple, announced that the company's sales decreased by 7.7% year-on-year in March 2020. The world's leading electronics product...

Foxconn To Make Ventilators In US

According to reports in foreign media, Apple's cooperation partner Foxconn will make ventilators in the US to help the country fight coronavirus. Omar Ishrak, CEO...

IDC: China's Tablet Market Shipment Down 3.9% In Q4 2019

Market research firm IDC recently published its latest quarterly tracking report on tablet, stating that China's tablet shipment in the fourth quarter of 2019...

Samsung To Aid Chinese Suppliers With CNY15.3 Billion

South Korea's Samsung previously announced that the company would provide up to KRW2.6 trillion, which is about CNY15.3 billion, aid to Chinese suppliers who...

LG To Sell Beijing Headquarters Buildings For USD1.15 Billion

According to reports in foreign media, South Korea's LG Group recently announced its decision to sell two headquarters buildings in China for KRW1.37 trillion...
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