Still up 18 percent over February following iPhone order cuts
Foxconn Electronics, the world’s largest contract manufacturer and third largest technology company by revenue, reported consolidated revenues of NT$341.69 billion in March 2017, an increase of nearly 18 percent over February and nearly 2 percent year-over-year.
74 percent revenue upswing from previous quarter
In the third quarter of 2016, MSI reported some rather strong revenues increasing 74 percent from the second quarter and 41 percent year on year.
PC and tablet markets still remain down
On Friday, Lenovo reported its revenue earnings for the third quarter of 2016, up 12 percent over the previous quarter and down 8 percent year-over-year as market conditions continue to remain challenging.
Increasing production of 28nm chips
Earlier this week, MediaTek reported a net profit growth of 19 percent during the third quarter of 2016, but now expects revenue momentum to slow down in the fourth quarter as it ramps up production capacity of 28nm chips.
Strong Chinese licensing and chipset shipments
Qualcomm is having a great day. Not only has the outfit acquired NXP for $47 billion it also announced that it made $6.2 billion revenue in this quarter – an increase of 13 per cent year-over-year.
Increased GPU sales offset decline in desktop CPU shipments
Last week, AMD posted its earnings report for Q3 2016, showing a revenue increase of 27 percent over the previous quarter and up 23 percent year-over-year.
Beats forecast expectations
Nvidia released its financial results yesterday for the second quarter of its fiscal year 2017, which ended July 31, 2016.
Chipmaker showing signs of recovery
On Thursday, AMD took the wraps off its Q2 earnings results and revealed a surprising upswing in revenue momentum that many investors anticipated would not emerge until Q3 at the earliest.
Margins likely to stay the same
MediaTek expects to see a 10 per cent revenue increase over 2016, however it is not likely to see an improvement in its gross margins and the first part of the year is not going to be that great.
Down 28 percent, partly from economic slowdown in China
Earlier today, we mentioned that AMD was expected to report revenues for Q4 2015 with at least a 10 percent revenue decline as the chip maker struggles to turn its profits around. This afternoon, the company reported its fourth quarter 2015 and fiscal year 2015 revenue earnings results, showing a 23 percent revenue decline from lower sales of CPUs, lower demand for GPUs used in game consoles, and an economic slowdown in China.