Author Archives: TrendForce

[News] TSMC 3Q24 EPS Hits Record High, Reaches NT$12.54

TSMC today announced consolidated revenue of NT$759.69 billion, net income of NT$325.26 billion, and diluted earnings per share of NT$12.54 (US$1.94 per ADR unit) for the third quarter ended September 30, 2024. According to the press release issued by TSMC, …

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[News] China Cyberspace Security Association Urges Probe into Intel’s Security Flaws

A report from China Cyberspace Security Association on the 16th, criticized Intel for frequent security vulnerabilities, poor reliability, and user surveillance. The association recommended launching a cybersecurity investigation into Intel products. In an article titled “Frequent Vulnerabilities and High Failure …

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[News] UK Inflation Falls Within Target Range in September, Fuels Market Expectations for Rate Cuts

UK CPI fell within the target range in September, according to data released by the UK Office for National Statistics on October 16. The CPI increased by 1.7% year-over-year in September, down from 2.2% in the previous month and below …

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[News] Intel Begins Major Layoffs in Oregon, Cutting 1,300 Jobs as Part of Its 15% Workforce Reduction Plan

Intel, having given a heads-up that it plans to let go 15,000 employees by year-end, has reportedly fired the first shot. According to Tom’s Hardware, the struggling giant has started issuing formal layoff notices to 1,300 employees at its Gordon …

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[News] Samsung Reportedly Seeks Transformation Tips from Japanese Peers like Sony and Hitachi

Any suggestions for Samsung to get out of the rut? The remedy for its slow transformation may be hidden in the experience of Japanese peers. According to reports by Nikkei and Korea media outlet edaily, Samsung has begun researching Japanese …

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