Daily Archives: 2024-06-27

[News] Foxconn’s Young Liu Newly Elected as Sharp’s Chairman to Assist Transformation

Posted on 2024-06-27 by TrendForce

Foxconn Chairman Young Liu has been elected as Sharp’s chairman at Sharp’s shareholders’ meeting on 27th, according to a report from the Economic Daily News, citing an announcement by the Tokyo Stock Exchange. The report also noted that Liu will …

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[News] NAND Flash Giant Kioxia Reportedly Plans IPO by Late October amid Market Recovery

Posted on 2024-06-27 by TrendForce

According to a Reuters report on June 26th citing sources, with semiconductor market conditions rebounding and financial performance rapidly improving, NAND flash leader Kioxia is reportedly gearing up to file a preliminary application soon and aims to debut on the Tokyo Stock …

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[News] Samsung Reportedly to Raise Memory Price by 15-20% in Q3, Boosting Second Half Performance

Posted on 2024-06-27 by TrendForce

According to a report from South Korean media Maeil Business Newspaper, Samsung Electronics plans to raise prices for server DRAM and enterprise NAND flash by 15% to 20% in the third quarter due to surging demand for artificial intelligence (AI). …

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[News] Samsung Refutes Rumors Regarding 3nm Wafer Defects as Groundless

Posted on 2024-06-27 by TrendForce

Rumors have been circulating regarding Samsung’s 3nm yield recently. The latest market speculation on June 25th alleged that Samsung’s foundry plant encountered a defect impacting 2,500 lots in the 3nm second-generation process, reportedly leading to a loss of 1 trillion …

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[News] Memory Giant Micron’s 3Q24 Earnings Report Released, Outlook Slightly Better Than Expected

Posted on 2024-06-27 by TrendForce

On June 26, American memory manufacturer Micron announced its financial results for the third quarter of the 2024 fiscal year (ending May 30, 2024) after the market closed: revenue increased by 82% year-over-year (17% quarter-over-quarter) to $6.811 billion; Non-GAAP diluted …

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