semiconductor

Results

AEM books 'best quarter on record' as earnings surge 449% to $43.8 mil

This came on the back of a 179% increase in revenue to $146.8 million from $52.7 million in 1QFY2019, due to increased orders from its main customer of 18 years, Intel.

M&A

Broadcom said on track for Qualcomm majority amid delay on vote

SINGAPORE (Mar 6): Broadcom is on course to win all six of the seats it’s seeking on Qualcomm Inc’s board, giving it a majority to push forward with its hostile takeover, even as a US government panel forced a delay of the final tally amid concerns ab

Results

UMS Holdings' 4Q17 earnings treble to $15.8 mil on higher revenue & one-off gain

SINGAPORE (Feb 27): Precision engineering group UMS Holdings saw a near trebling of its 4Q17 earnings to $15.8 million from $6 million a year ago on higher revenue and a one-off gain.

M&A

AEM Holdings acquires machine vision solutions provider for $1.5 mil

SINGAPORE (Feb 22): AEM Holdings is fully acquiring IRIS Solution, a Singapore-incorporated advanced machine vision solutions provider, for $1.5 million.

Singapore economy

Singapore's domestic economy to see gradual turnaround in 2018: HSBC

SINGAPORE (Sept 29): HSBC Global Research foresees a gradual improvement in Singapore’s domestic economy after the Monetary Authority of Singapore’s (MAS) April 2018 meeting, which is expected to result in a policy shift.

ASTI in talks to dispose subsidiaries for treble its market cap

SINGAPORE (Sept 19): Semiconductor equipment manufacturer ASTI Holdings has entered into a non-binding agreement with China Fortune-Tech Capital Co. for the potential disposal of five wholly-owned subsidiaries related to Semiconductor Technologies & Instr

Broker's Calls

This undervalued tech stock is steadily growing its margins

SINGAPORE (Aug 16): KGI Securities is reiterating its “buy” recommendation on Frencken Group, formerly known as ElectroTech Investments, while raising its target price estimate to 72 cents from 63 cents previously.

Will Samsung win the chip war against Intel?

SINGAPORE (July 26): Intel’s quarter-century reign as the world’s biggest chipmaker by sales may be about to come to an end.
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