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Micron Technology could lose an estimated US$3 billion in revenue from China as a result of the country's ban on Chinese enterprises working on critical infrastructure projects procuring products from the US memory vendor, according to industry sources.
Electronic components, notably semiconductors, remain a significant source of Taiwanese exports, despite the country seeing its sixth consecutive month of on-year decreases in electronic component export orders in April 2023.
Mitac said the visibility of server orders in 2H23 remains low despite an influx of short lead-time orders, adding that AI servers may increase future revenue.
JioPhone Next, the affordable 4G smartphone co-developed by Google and India's largest wireless operator Reliance Jio, had failed to gain traction amid the supply chain disruptions and weak smartphone demand in the past two years when Google pinned its hope on the device to expand a further billion users in more emerging markets.
According to the latest announcement by Samuel Garcia, the Governor of Nuevo Leon, Mexico, Quanta Computer will expand its investment by US$1 billion in the state, expecting to create 2,500 job positions locally.