News
MANILA – Integrated Micro-Electronics reported first-half consolidated revenues down 5% to $636 million. Net income was $5.8 million, down 81.6% year-over-year. IMI’s core businesses ended the first half with revenues at $506 million, down 17.5% year-over-year.
SCOTTSDALE, AZ – Despite a 38% sales decline expected this year, the DRAM market is forecast to remain the largest of all IC product categories again in 2019, with sales of $62 billion, says IC Insights.
GUANGZHOU, CHINA – Foxconn has invested a reported $9 billion in a new display plant that began operations on Jul. 31, according to reports. It is said to be the largest-ever single investment in Guangzhou.
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