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Foxconn, the world's largest contract electronics manufacturer, is set to report a 2.35% increase in fourth-quarter profit, driven by strong demand for AI servers. The net profit for October-December is expected to reach T$54.4 billion ($1.65 billion), up from T$53.15 billion a year earlier, with revenue jumping 15.2% to a record for the quarter.
Samsung Electronics faces mounting challenges in the foundry market as TSMC considers a joint venture with Nvidia, AMD, and Broadcom to manage Intel’s semiconductor facilities. This partnership could intensify competition, further eroding Samsung's market share, which has fallen to 8.1% compared to TSMC's 67.1%. With an operating loss exceeding 2 trillion won in its foundry division, Samsung struggles to attract clients, particularly as demand for AI chips rises.
Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Taiwan Semiconductor Manufacturing Company (TSMC) has proposed a joint venture with US chip manufacturers Nvidia, AMD, and Broadcom to manage Intel's foundry division, aiming for a maximum 50% stake to maintain US majority ownership. This initiative, which requires US government approval, follows requests for TSMC's assistance in enhancing Intel's manufacturing capabilities and marks TSMC's first specific outreach to major semiconductor players.
Taiwan Semiconductor Manufacturing Company (TSMC) has proposed a joint venture with US chip manufacturers Nvidia, AMD, and Broadcom to manage Intel's foundry division, aiming for a maximum 50% stake to maintain US majority ownership. This initiative, which requires US government approval, follows requests for TSMC's assistance in enhancing Intel's manufacturing capabilities and marks TSMC's first specific outreach to major semiconductor players.
TSMC has proposed a joint venture with Intel's foundry services to major tech companies, including Nvidia, AMD, and Broadcom. This move aims to strengthen partnerships and enhance semiconductor manufacturing capabilities in the competitive landscape.
TSMC has proposed a joint venture with Intel's foundry services to major tech companies, including Nvidia, AMD, and Broadcom. This move aims to strengthen partnerships and enhance semiconductor manufacturing capabilities in the competitive landscape.
Uber Technologies Inc. has abandoned its plan to acquire Delivery Hero SE’s Foodpanda business in Taiwan after the island's antitrust regulator rejected the deal. As a result, Uber will pay a termination fee of approximately $250 million. Despite the setback, the company remains committed to its operations in Taiwan, vowing to continue serving consumers, merchants, and delivery partners.
Uber Technologies Inc. has abandoned its plan to acquire Delivery Hero SE’s Foodpanda business in Taiwan after the island's antitrust regulator rejected the deal. As a result, Uber will pay a termination fee of approximately $250 million. Despite the setback, the company remains committed to its operations in Taiwan, vowing to continue serving consumers, merchants, and delivery partners.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
foxconn reports profit increase driven by strong ai server demand
07:39 14.03.2025
Samsung faces challenges as TSMC considers Intel foundry partnership
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03:45 14.03.2025
Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
TSMC proposes joint venture to manage Intel foundry operations
06:15 13.03.2025
TSMC proposes joint venture to manage Intel foundry operations
06:15 13.03.2025
TSMC proposes Intel foundry joint venture to Nvidia AMD and Broadcom
18:49 12.03.2025
TSMC proposes Intel foundry joint venture to Nvidia AMD and Broadcom
18:49 12.03.2025
uber cancels foodpanda acquisition in taiwan following antitrust ruling
07:10 12.03.2025
uber cancels foodpanda acquisition in taiwan following antitrust ruling
07:10 12.03.2025
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