Still rose by 18 per cent
Taiwan’s Foxconn, the world’s top contract electronics maker and a key Apple supplier, posted an 18.3 percent rise in third quarter net profit. This figure was well below what analysts had been expected.
Mainframe sales slow
Big Blue has reported a bigger-than-expected drop in revenue caused by slowing software sales and wavering demand for mainframe servers.
As storms of trade war loom
Foxconn reported a 30 percent jump in September revenue to $18.8 billion in September, extending a streak of double digit growth since May.
Lowest quarterly revenue in over a year
HTC, the original equipment manufacturer that designs its own mobile devices and Google’s Pixel and Pixel XL smartphones, has announced net losses of $66.12 million for the first quarter of 2017. The company’s latest financials are the latest in a series - it's had eight consecutive losses over the past two years.
Experiencing relatively quiet off-season period after holidays
Foxconn Electronics is slowly regaining revenue momentum in January after posting its first-ever annual sales decline over the course of 2016 due to mild demand from major client Apple, its first ever since going public 25 years ago.
Strategy this year is to sell high-end smartphone SoCs
MediaTek, the fabless semiconductor company from Taiwan that provides SoCs for HDTVs, Blu-ray players and wireless products, saw its revenues jump by 29.2 percent year-over-year to a record high of $8.6 billion (¥$275.51 billion), according to the latest industry reports.
Low-end, midrange smartphone demand offset February earthquake
On Thursday Taiwan Semiconductor Manufacturing Company announced an 18 percent quarterly revenue decline for Q1 2016 from the same timeframe a year ago in Q1 2015. The chip manufacturing giant also announced Q1 2016 net profit of $2 billion USD ($64.78 billion TWD), representing an 8.3 percent quarterly profit decline from the same timeframe a year ago in Q1 2015.
Revenues up, nets down