Page 13 - Microelectronics Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 trough for the year as it is pinning its hopes on new product launches by smartphone vendors to help r...

/ 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 conference in Taipei, the entrepreneur described Chinese maneuvers as “unbearable insolence” and s...

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 reduce channel inventory, especially touch pads used in Chromebooks, the overall inventory level is exp...

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.