Over the past six years, Huawei “experienced countless moments of darkness, uncertainty and defeat”, but has also seen “one miracle after another, making the impossible possible”, Meng, daughter of Huawei founder and chief executive Ren Zhengfei, wrote in a message published by the Shenzhen-based firm. Meng, 52, thanked Huawei’s customers, supply chain partners and employees … Read more
In the first seven months of 2024, chip imports totalled 308.1 billion units, worth about US$212 billion, according to data published on Wednesday by the General Administration of Customs. That marked a 14.5 per cent year-on-year jump in volume and 11.5 per cent increase in dollar value. The surge in IC imports reflects expectations that … Read more
Micron’s fiscal fourth-quarter sales will be US$7.4 billion to US$7.8 billion, the company said in a statement on Wednesday. While the average analyst estimate was US$7.58 billion, some projections were above US$8 billion. Profit will be about US$1.08 a share, minus certain items, versus a projection of US$1.02. Though Micron is getting a boost from … Read more
South Korea’s SK Hynix said on Thursday that its high-bandwidth memory (HBM) chips used in artificial intelligence (AI) processors were sold out for this year and almost sold out for 2025, as businesses aggressively expand AI services. The Nvidia supplier and the world’s second-largest memory chip maker will begin sending samples of its latest HBM … Read more
