Hanza and Incap lead the EMS sector with net working capital efficiency below 20% of revenue. Kitron holds €117M in customer deposits, while Lacroix and TT Electronics show improvement post-restructuring. Bullish: Optimized capital efficiency enhances supply chain stability.
TrendForce and securities firms forecast Samsung Foundry and System LSI losses to shrink 41.8% YoY in 2026, driven by HBM4 base die demand using Samsung's logic process. Bullish: Improved profitability outlook for Samsung Foundry.
Samsung foundry recovery is accelerating with higher utilization and firmer pricing, though sustained profitability depends on 2nm yields and the Taylor fab ramp.
SMIC reported Q2 2026 revenue of $3.006 billion, up 20% QoQ, narrowing its market share gap with Samsung Foundry. Growth was driven by advance procurement in PCs and rising demand for AI peripherals and NAND Flash amid shortages. This signals strong bullish momentum for SMIC and the memory sector.
CXMT reported a Q2 gross margin of 87.59%, rivaling global memory giants, with revenue surging 873% YoY to RMB 150.3 billion. The company has also reportedly begun mass production of LPDDR6 for Xiaomi's 18 Fold.
Eternal Materials reported a 23.86% year-over-year revenue increase to NT$4.093 billion in July, driven by strong demand from the electronics supply chain and the start of the peak season. This growth reflects strengthening demand in advanced packaging sectors.
Intel raised $19.7 billion via a stock sale, attracting $100 billion in demand. The funds will finance capacity expansion and the development of the 14A process. The massive oversubscription indicates strong investor confidence in Intel's future.
Merry Electronics cites rising costs and overseas ramp-up issues as 2026 profit risks. While Q3 benefits from seasonal demand, Q4 visibility is limited by geopolitical tensions and interest rate uncertainty.
Samsung's chip division reported a $62 billion Q2 profit, a 250-fold increase year-over-year. The company anticipates worsening supply shortages through 2028 and has secured long-term contracts covering 60-70% of capacity. This combination of strong earnings and supply constraints suggests a bullish outlook for pricing and availability.
Samsung's DS division generated KRW 89.2 trillion in operating profit in Q2 2026, driven by a 250-fold YoY increase in memory profits. DRAM and NAND ASPs rose mid-40% to high-60% QoQ, while shipments increased by over 10%. Bullish: Samsung expects AI memory shortages to worsen through 2028 and HBM4 revenue to triple QoQ in Q3.
Taiwan's display supply chain enters Q2 earnings season with Coretronic, AUO, and ROEC reporting next week. The focus shifts from panel prices to transformation strategies. Signal is neutral as no specific price data is provided.
Wistron reports continued revenue and profit growth, driven by expansion into higher-margin businesses amidst strong global demand. This indicates robust demand for electronics and AI supply chains.
Pegatron reported June revenue of NT$91.296 billion, up 15.9% year-over-year but down 4.9% month-over-month, driven by server shipments and AI expansion. Management expects steady AI revenue growth in 2026. Bullish for supplier demand.
CMI reported a June revenue rebound with Q2 revenue reaching NT$597 million, up 3.6% sequentially, driven by AI-led device demand and increased consumer electronics shipments despite ongoing shortages in automotive and notebook memory.
Coretronic reported Q2 revenue exceeding NT$10 billion, driven by improved demand in energy-saving products despite persistent weakness in display segments. The mixed performance highlights ongoing supply chain challenges from tariffs and geopolitical risks.
Samsung Electronics' preliminary Q2 2026 results show record semiconductor profits driven by AI server demand, while TV and appliance businesses remain under pressure. Bullish: AI server demand surge supports pricing and capacity utilization.
Samsung Electronics reported record 2Q26 operating profit of KRW 89.4T, driven by DRAM and NAND ASPs rising over 50% and 60% QoQ respectively. The company is negotiating up to a 20% price hike for 3Q26 DRAM, with TrendForce forecasting further 13-18% increases. (Bullish)
Longsys forecasts 1H26 profit growth driven by tight memory supply and AI demand, signaling a strengthening semiconductor market and price support for storage components.
SK Hynix plans a $29 billion Nasdaq listing to fund a $67 billion five-year expansion, including new fabs and EUV equipment, while maintaining a 57% HBM market share. This capital raise aims to double production capacity to meet surging AI demand, particularly from Nvidia's Vera Rubin processor.
The Bank of Korea flags Samsung and SK hynix bonuses as inflation risks, citing 60.6% YoY IT wage growth. These payouts stem from record profits driven by the AI memory supercycle, potentially boosting local consumer spending but raising policy concerns.
Whose chips are really inside the hottest new products? We open them up and show you, one part at a time.
iPhone DuoFirst-pass BOM: 37 parts, 12 brands and 16 public MPNs; A20 Pro, C2, N1 and the power/RF chains are located, while the NAND brand stays unconfirmed.See the full teardownAll teardowns| Analog | $0.68 | −5.9% |
|---|---|---|
| Connector | $0.75 | +0.2% |
| CPU | $386.74 | −21.3% |
| DDR4 | $88.40 | −0.2% |
| DDR52026-W13 | $14.89 | −11.2% |
| GPU | $478.20 | +8.2% |
| MCU | $0.68 | −61.7%Unusual |
| MLCC | $0.01 | +54.0%Unusual |
| MOSFET | $0.12 | −82.8%Unusual |
| PMIC2026-W13 | $0.44 | −12.5% |
| SSD/HDD | $288.43 | n/a |