Page 7 - Microelectronics Corp News Today

Novatek Microelectronics Corp (聯詠), a supplier of display driver ICs, yesterday said that its revenue would plunge as much as 39 percent this quarter as customers pare down orders amid tepid demand for smartphones and other consumer electronics due to a global economic upheaval. A spike in supply chain inventory is also adding to the already weak momentum of the industry, Novatek told an online investors’ conference. However, the Hsinchu-based company said that this quarter would be the tr...

/ Staff writer, with CNARobert Tsao （曹興誠）, founder of contract chipmaker United Microelectronics Corp （UMC）, yesterday pledged to donate NT$3 billion （US$100.17 million） to help Taiwan bolster its defenses as China launched intensive military drills around Taiwan.

Robert Tsao (曹興誠), founder of contract chipmaker United Microelectronics Corp (UMC), yesterday pledged to donate NT$3 billion (US$100.17 million) to help Taiwan bolster its defenses as China launched intensive military drills around Taiwan. Tsao, who gave up his Republic of China (ROC) citizenship to migrate to Singapore in 2011 in part because of lingering dismay over government restrictions on UMC’s ability to invest in China, has recently become a vocal critic of Beijing. At a news co...

Elan Microelectronics Corp (義隆電子), which designs chips used in PC touch pads and touch screens, yesterday said revenue would plummet about 30 percent sequentially this quarter as customers scale back orders due to sagging computer demand and excess inventory. The company said growth momentum for commercial notebook computers began to ebb in the second half of this year, as enterprises cut spending amid soaring inflation and economic headwinds. As customers are stepping up efforts to red...

Taipei, July 27 (CNA) Shares in Taiwan bounced back from early losses on Wednesday, closing up more than 100 points, boosted by large-cap tech stocks and shares in the transportation sector, dealers said.

Bringing Taiwan to the World and the World to Taiwan

Novatek Microelectronics Corp’s (聯詠) second-quarter revenue fell short of its expectations, as last month’s revenue fell 25.68 percent month-on-month on dwindling demand, the designer of driver ICs used in flat panels said yesterday. Revenue fell to NT$8.16 billion (US$273.7 million) last month, compared with NT$10.98 billion in May, as display driver IC revenue plummeted 21.2 percent and system-on-a-chip (SoC) revenue dipped 35.27 percent, Novatek said. Second-quarter revenue declined...

“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

Taipei, June 15 (CNA) Shares in Taiwan moved lower Wednesday as late-session selling eroded earlier gains, with contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), the most heavily weighted stock in the local market, in focus.

Taipei, May 17 (CNA) Shares in Taiwan staged a rally Tuesday, with the bellwether electronics sector continuing to steam ahead as investors ignored the losses by tech stocks in the United States overnight, dealers said.