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Key Industry Players to Discuss IoT, Automotive, Wireless, and Supply Chain Trends and Opportunities at EAC 2022

indie
3 minutes

TAIPEI, TAIWAN, Oct 17, 2022 - (ACN Newswire via SEAPRWire.com) - Recent economic and geopolitical developments, on top of the supply chain shortages and tight inventories in some markets, have driven market watchers to reduce their forecast growth for the semiconductor industry this year. Gartner Inc., for one, reduced its earlier forecast of 13.6% global semiconductor revenue growth this year to just 7.4%.The market research firm, however, noted that this down cycle is not new and has happened many times before. Despite the softness in the consumer market, demand remains resilient in the data center sector due to the continued investment in cloud infrastructure, while the automotive electronics sector is expected to see double-digit growth amid the increasing IC content per vehicle due to the transition to electric and autonomous cars.Overall, the outlook remains bright for the semiconductor industry. According to industry association SEMI, global semiconductor equipment billings rose by 7% quarter-on-quarter in the second quarter this year, and by 6% year-over-year to $26.43 billion. Taiwan, China, and South Korea led the rest of the world in terms of quarterly billings.Semicond...

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Electronics Asia Conference 2022 Puts Spotlight on IoT, Automotive Electronics, Wireless Technologies, and the Semiconductor Supply Chain

indie
3 minutes

The global semiconductor revenue is expected to reach $661 billion in 2022, up by 13.7% year-over-year, according to International Data Corp. (IDC). While industry demand was driven by the industrial and automotive industries in 2021, IDC expects 5G, consumer electronics, wireless technologies, datacenters, and wearables will continue drive demand this year.The Asia Pacific region, which dominated the global semiconductors market in 2021, is projected to exhibit the highest growth rate from 2022 to 2028, mainly driven by the surge in the adoption of high-end devices and growing demand for consumer electronics, according to market analyst BlueWeave Consulting.In particular, the Internet of Things (IoT) market in Asia-Pacific region (APEJ) will continue to grow this year, accelerating by 9.1% from 6.9% in 2021, according to IDC. Despite supply chain issues and geopolitical tensions, rising demand for remote operations, better network coverage, and the deployment of commercial 5G and testbeds are driving IoT adoption in the region, which in turn is expected to boost IoT spending to $436 billion in 2026, IDC notes.And it is the ecosystem of semiconductor device makers, equipment manufa...

SeaPRwire

Rochester Electronics Partners with Kyoto Semiconductor Co., Ltd.

pandora
4 minutes

Kyoto Semiconductor expands customer access worldwide and offers long-term customer support by providing Rochester Electronics with high quality optical semiconductors for communication and sensing. NEWBURYPORT, MA, March 9, 2022 – (SEAPRWire) – Rochester Electronics LLC (Massachusetts, USA) is partnering with Kyoto Semiconductor Co., Ltd. (Kyoto, Japan), a leading optical device solution manufacturer with world-class technologies and Japanese quality, to collaborate in offering active and end-of-life (EOL) products to customers. “We are honored to announce a new partnership with Kyoto Semiconductor, a respected brand within the optical semiconductor landscape. It is through this strategic agreement, that our valued customers can rest assured to have a continued supply of Kyoto Semiconductor optical device solutions, which will not only be certified and guaranteed by Rochester but will also be 100% authorized by the original manufacturer – Kyoto Semiconductor.” – Colin Strother, Executive Vice President at Rochester Electronics LLC “Kyoto Semiconductor is pleased to collaborate with Rochester Electronics, known for the world’s most extensive range of end-of-life (EOL) semiconductor...

JCN Newswire
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SDK to Raise Prices of High-Purity Gases for Electronics

ruth
2 minutes

TOKYO, Nov 18, 2021 - (JCN Newswire via SEAPRWire.com) - Showa Denko (SDK; TSE: 4004) decided to raise prices of its high-purity gases for electronics which are used for production of semiconductor integrated circuits and other electronic materials. Specifically, SDK will raise prices of high-purity gases for electronics by 20% or more as from delivery on January 1, 2022.High-purity gases for electronics are used in the production of semiconductor integrated circuits, LCD panels, and GaN LEDs, as etching gases to produce electronic circuits by creating fine ditches and holes in thin films on silicon substrates, and as cleaning gases to remove unwanted chemical substances that adhere to chamber walls after deposition of thin films on silicon substrates.As for the current market condition of high-purity gases for electronics, while the demand for the gases continues increasing due to strong demand for semiconductor integrated circuits, our production costs have been increasing due to a rise in prices of raw materials and energy costs, in addition to a substantial rise in the cost of transportation. Although we worked hard to reduce costs by improving production efficiency, streamlini...

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Hong Kong Electronics Fair: I&T to lead post-pandemic economic growth

indie
6 minutes

HONG KONG, Oct 29, 2021 - (ACN Newswire via SEAPRWire.com) - With the post-pandemic new normal taking root across the world, enterprises large and small are bracing for the challenges to come. At the Symposium on Innovation and Technology, the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Electronics & Technologies Association (HKETA) invited industry luminaries from around the world to share insights on the theme "Revive and Thrive". The speakers shed light on how innovation and technology (I&T) can help enterprises regain growth momentum and what I&T trends they expect to see globally and in Hong Kong.This year's Symposium on Innovation & Technology, themed "Revive and Thrive", ran as part of the Hong Kong Electronics Fair (Autumn Edition).I&T to lead the worldVictor Choi, Chairman of the HKETA, noted in his welcome remarks that the Symposium on Innovation and Technology has long been a flagship event of the annual Hong Kong Electronics Fair (Autumn Edition). He said: "This year, the event is being held in both physical and online formats for the first time, enabling speakers and audiences from all over the world to overcome physical limitation...

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Seven autumn trade fairs open today

indie
10 minutes

HONG KONG, Oct 27, 2021 - (ACN Newswire via SEAPRWire.com) - As a fast-developing international hub for innovation and technology, Hong Kong's innovation and technology-related industries have huge potential. Continuing its commitment to helping small and medium-sized enterprises (SMEs) capture these new opportunities, the Hong Kong Trade Development Council (HKTDC) has brought its seven autumn trade fairs* together into a single "physical + online" platform in 2021. Featuring more than 1,700 exhibitors from 18 countries and regions, the hybrid fairs present a comprehensive range of cutting-edge tech products, solutions, medical and environmental technologies, services and intelligence. The four-day physical fairs are held from today until Saturday (27 to 30 October) at the Hong Kong Convention and Exhibition Centre (HKCEC), while the online fairs run until 6 November.The seven fairs have gathered more than 1,700 exhibitors from 18 countries and regions, showcasing the latest cutting-edge tech products, solutions, services and intelligence to create cross-sector opportunities for local companies amid the pandemicThe Hong Kong Electronics Fair (Autumn Edition) and electronicAsia spo...

ACN Newswire

Apex Ace’s Net Profit Rockets to HK$26.6 Million in 1H2021

indie
5 minutes

HONG KONG, Aug 25, 2021 - (ACN Newswire via SEAPRWire.com) - Apex Ace Holding Limited ("Apex Ace" or the "Company"; Stock Code: 6036) and its subsidiaries (collectively referred as the "Group"), a Hong Kong-based supplier of digital storage products and electronics components along with relevant technical support, has posted a revenue of approximately HK$1,423.9 million, representing a year-on-year leap of approximately 97.6% for the six months ended 30 June 2021 ("1H2021" or the "Review Period"). Profit attributable to owners of the Company rocketed to approximately HK$26.6 million from the HK$1.0 million recorded for the six months ended 30 June 2020 ("1H2020" or the "Last Corresponding Period").During the Review Period, the semiconductor market saw a strong surge in demand and increasing number of customers sought to build more resilient local supply chains or self-sufficiency in competitive technologies in lieu of a reliance on imported chips in anticipation of post-coronavirus disease 2019 (the "COVID-19") economic recovery. The global shortage of semiconductors has led to an increase in the average selling price of electronics products, and consequently contributed to the Gro...

SeaPRwire

Samsung Electronics says Q2 profit likely rose 53%, topping estimates

elean
1 minute

SEOUL (REUTERS) - Samsung Electronics said on Wednesday (July 7) its second-quarter operating profit likely jumped 53 per cent, beating analysts' estimates, as strong chip prices and demand lifted earnings. The world's largest memory chip and smartphone maker said profit for the quarter ended June 30 was likely 12.5 trillion won (S$14.8 billion), above a Refinitiv SmartEstimate of 11.3 trillion won drawn from 20 analysts. Revenue rose an estimated 19 per cent from the same period a year earlier to 63 trillion won, Samsung said in a short preliminary earnings release. It is due to release detailed earnings later this month. Profits at Samsung's chip division likely jumped by a fifth or more from a year earlier, analysts said, helped by strong memory-chip prices and demand for consumer electronics and from data centre customers. More on this topic Related Story Samsung windfall gives richest South Korean woman US$7 billion fortune Related Story Global chip shortage hits Apple, Samsung and Ford as crisis worsens

JCN Newswire
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Showa Denko Subsidiary Establishes Branch in Xi’an, China to Distribute High-purity Gases for Electronics

ruth
3 minutes

TOKYO, Dec 9, 2020 - (JCN Newswire) - Shanghai Showa Chemicals Co., Ltd. (SSC), a Chinese subsidiary of Showa Denko K.K. (SDK; TSE:4004), established a branch in Xi'an, Shaanxi Province, China, and started operation of the branch in December 2020, aiming to strengthen its business to sell and distribute high-purity gases for electronics in China. The new branch is SSC's third business base in China to sell and distribute high-purity gases for electronics, following those in Shanghai and Wuhan.The demand for semiconductors has been increasing due to the spread of the 5th generation mobile communication systems (5G) and cloud computing services, and increase in the amount of communicated data resulting from the rise in distribution of movie contents. The Chinese market for semiconductors has been expanding very rapidly due to the Chinese government's policy to nurture the electronics industry. Also SDK's high-purity gas business in China has been growing very rapidly because of the rapid expansion of the Chinese market.SDK has been taking positive measures to expand its high-purity gas business in China, including establishment of Wuhan Branch (a base to sell and distribute high-puri...

SeaPRwire
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Samsung warns of weak outlook after posting strong Q3 earnings

elean
3 minutes

SEOUL • Samsung Electronics warned yesterday that earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profit beat forecasts will ease amid intensifying competition and weakening demand. The world's largest maker of memory chips and personal electronics said net income rose a better-than-expected 52 per cent to 9.27 trillion won (S$11.2 billion) in the three months ended last month, beating the 7.54 trillion won average of estimates. It foresees capital spending of about 35.2 trillion won this year because of a migration to more advanced chip processes and a build-out of its contract chipmaking business. The South Korean technology giant's tepid outlook may fuel concern that the remarkable tech sector rally during the pandemic may have run its course. The firm joined fellow chipmakers Micron Technology and Intel in warning that demand from server customers will weaken amid an inventory correction. Samsung also forecast rising competition in mobile phones and consumer electronics and said it will have to boost spending on marketing. "Concerns over disruptions in supply chain drove chip demand from cloud op...

SeaPRwire
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1,900 jobs on offer in growing electronics manufacturing industry since April, nearly all in PMET roles

aseanpr
4 minutes

SINGAPORE - The electronics industry continues to grow amid the coronavirus pandemic and there have been some 1,900 jobs on offer since April, the Ministry of Manpower (MOM) said on Monday (Oct 19). The vast majority of these jobs are for professionals, managers, executives and technicians (PMETs), with the majority in technical roles. Monthly salaries for manufacturing engineers in the sector range from $1,800 to $3,225, with a median of $2,575, while electronics or mechanical engineers would typically receive between $4,500 and $6,000. Those in non-technical roles, such as sales and marketing executives, could earn monthly salaries between $2,800 and $8,500, with a median of $3,450. Besides jobs, there are also about 850 company-hosted traineeships and attachments, as well as 150 training positions, on offer in the industry. More than 220 people were placed in jobs and traineeships in the segment between April and September. Of those who took up new jobs or roles, close to half were workers aged above 40. Speaking at a press briefing after a visit to semiconductor firm GlobalFoundries on Monday, Manpower Minister Josephine Teo said that while some may think that they need a techn...