Wary buyers cloud outlook for tech and auto companies in Asia

Wary buyers cloud outlook for tech and auto companies in Asia

Samsung says demand for phone and PC chips set to weaken further Server customers can adjust inventory in recession -Samsung Toyota misses April-June production target GM’s operations in China lost $100 million in the second quarter due to restrictions July 28 (Reuters) – Asian tech firms from chipmaker Samsung to display panel maker LG Display … Read more

Samsung warns of weaker chip demand for phones and PCs as people buy less

Samsung warns of weaker chip demand for phones and PCs as people buy less

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea March 23, 2018. REUTERS/Kim Hong-Ji Join now for FREE unlimited access to Reuters.com Register Server customers may have to adjust inventory in recession – Samsung executive Aims for H2 foldable phone sales to overtake past flagship Dollar strength helped boost … Read more

Global manufacturers see chip shortage easing

Global manufacturers see chip shortage easing

Plastic letters arranged to read ‘Chip Shortage’ are placed on a computer motherboard in this illustration taken February 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Hyundai will increase production at its factories ABB CEO: Chipmakers’ supply commitments are improving ABB CEO: falling commodity prices Electrolux CEO: supply situation … Read more

TSMC Sees Resilient Chip Sales Boost Q3; the electronics require cooling

TSMC Sees Resilient Chip Sales Boost Q3;  the electronics require cooling

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters in Hsinchu, Taiwan January 19, 2021. REUTERS/Ann Wang Join now for FREE unlimited access to Reuters.com Register See third quarter revenue up to $19.8 billion – $20.6 billion from $14.88 billion year-over-year Confident in long-term chip demand Q2 profit of T$237.0 billion … Read more

Samsung Q2 strong on server chip demand, smartphone cloud outlook

Samsung Q2 strong on server chip demand, smartphone cloud outlook

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea March 23, 2018. REUTERS/Kim Hong-Ji Join now for FREE unlimited access to Reuters.com Register Profit likely up 15% to 14.46 trillion won -Refinitiv SmartEstimate It would be the highest April-June profit since 2018 Second-quarter chip revenue likely soared 49%, analysts … Read more

Asian stocks suffer a painful quarter, the dollar in poor health

Asian stocks suffer a painful quarter, the dollar in poor health

Men wearing protective face masks amid the coronavirus disease (COVID-19) outbreak use mobile phones in front of an electronic board displaying Japan’s Nikkei Index outside a brokerage in Tokyo, Japan, June 16, 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register Asian scholarships: Nikkei skids 1.5%, Wall St futures fall 0.4% Japanese … Read more

Markets cut inflation expectations as copper slides

Markets cut inflation expectations as copper slides

S&P futures up 0.7%, European stocks gain 0.82% MSCI global stocks eye 2.4% weekly rise Copper falls more than 7% over a week, oil down 3% German 10-year bond yields fall 5 basis points LONDON/SINGAPORE, June 24 (Reuters) – Global equities and benchmark U.S. bonds headed for their first weekly gain in a month on … Read more