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2021-07-05 21:44 | Report Abuse
Apple supplier Foxconn announced that its second-quarter revenue had burgeoned by around 20% YoY to TWD1.36 trillion (about US$48.7 billion), above street consensus of TWD1.34 trillion.
2021-07-05 15:43 | Report Abuse
SilTerra Malaysia, a pure play wafer foundry in Malaysia announced that it has received the new IATF 16949:2016 Automotive Certification from SGS (Societe Generale de Surveillance), a world inspection, verification, testing and certification company with headquaters located at Geneva, Switzerland. The IATF 16949:2016 was launched in October 2016 to supersede and replace ISO/TS 16949 and it represents an evolution for quality management in the automotive industry.
Manufacturers with IATF 16949 certification are recognized for their ability to meet the demands of automotive manufacturing, promising superior process integration, customer confidence, and product performance.
“We are delighted for achieving this key milestone, which demonstrated SilTerra’s organization management system, manufacturing system and process control system are fully complied to International Automotive Quality Management System. Our fabrication processes are ready to manufacture for automotive products which require stringent quality control with extended reliability assurance.” said Firdaus Abdullah, Chief Executive Officer of SilTerra. “With this accomplishment, we can broaden our customer base aggressively by offering our wafer foundry service to automotive product companies.” he added.
2021-07-05 15:35 | Report Abuse
Kulim, Malaysia, 7 May 2020 : SilTerra, a Malaysian-based global semiconductor foundry announced today the availability of the Piezoelectric Micromachined Ultrasonic Transducer (PMUT) process option on CMOS platform. Customers can now design their transducers for ultrasonic sensing applications using the monolithic PMUT process design guidelines from SilTerra.
As a part of SilTerra’s initiative towards the mass production of the MEMS-based PMUT devices, SilTerra developed and qualified the PMUT cells in a modular concept similar to other CMOS process options such as the SRAM Cell, MIM and HRPoly. MEMS designers and ASIC designers thus have the flexibility to use these CMOS and MEMS process design guidelines to develop their prototypes and accelerate time to volume production.
With enhancements introduced into the device fabrication process, customers now have the option to fabricate their PMUT prototypes using either pure aluminium nitride (AlN) or scandium-doped aluminium nitride (ScAlN) thin films as the piezoelectric layer of the transducer device. SilTerra is also offering modeling and simulation services for ultrasonic cell design, thus allowing customers to validate and optimize their design with a fast turnaround time.
In its aim to enable cost-effective and flexible prototyping services, SilTerra is offering to its customers the multi-layer masking (MLM) approach which reduces the number of reticles required for prototyping and the associated costs.
“New developments in automotive, consumer and medical imaging applications are expected to drive the demand for ultrasonic sensors in the market. We are offering a cost-effective PMUT prototyping service in a world-class manufacturing fab to enable our customers to bring their products to these markets in a short period of time” said Arjun Kumar Kantimahanti, Senior Vice President of MEMS/Sensors/Life Sciences Business Unit at SilTerra.
2021-07-05 14:45 | Report Abuse
Gerald Lam, this is wonderful sharing of information! Thank you =)
2021-07-05 14:34 | Report Abuse
I believe dust will settle down from 14 July onwards and after Khazanah hand over Silterra ... The start of new journey...
Right: Ping
Left : Silterra
Top : Foxconn
2021-07-03 14:17 | Report Abuse
‘In the driving seat’: DNeX earmarks £51.4m for Anasuria Cluster after completing Ping deal
Malaysian firm Dagang NeXchange (DNeX) said it had earmarked £51.4 million for production boosting work at the UK North Sea Anasuria Cluster after completing the acquisition of compatriot Ping Petroleum.
2021-07-03 07:52 | Report Abuse
Good morning and thank you for your sharing @Trevor777, Silterra was sold with dirt cheap price and debt waived by Khazanah ...I believed the picture will get cleared once the warrant expired and the acquisition of Silterra completed... No more pending ... Large conglomerate... Malaysia first unicorn ...
2021-07-03 07:17 | Report Abuse
Brent crude futures rose 33 cents to settle at $76.17 a barrel, after rising 1.6% on Thursday. U.S. West Texas Intermediate (WTI) crude futures fell 7 cents to settle at $75.16 a barrel, having jumped 2.4% on Thursday .
2021-07-02 17:38 | Report Abuse
LONDON (Reuters) -Oil prices edged lower on Friday after OPEC+ ministers delayed their output policy meeting, with sources saying the United Arab Emirates had balked at plans to return 2 million barrels per day (bpd) to the market in the second half of the year.
2021-07-02 14:42 | Report Abuse
@jk20598... with oil price at USD 70 + ... PING can make more than 200mil PAT.
2021-07-02 13:48 | Report Abuse
The ongoing global shortage in the supply of semiconductors is affecting manufacturing in China and Japan, according to data, with car production among the industries hit.
A shortage in semiconductor chips, which are the “brain” found inside every kind of electronic device, from PCs and TVs to games consoles and cars, has dogged economies for over a year.
Growth at factories in China has slid to a four-month low, according to figures on Wednesday, as a result of semiconductor chip shortages, combined with supply chain problems and rising raw material costs.
2021-07-02 13:04 | Report Abuse
Intel plans to start producing the central processing units for servers in early 2022 from the previously planned in late 2021.
The production is likely to begin in Q1 of 2022 and ramp up in Q2. The delay is the first under CEO Pat Gelsinger, following significant delays in chip-making advances under his predecessor, Bob Swan.
2021-07-02 08:34 | Report Abuse
Good morning , institutional or any insurance funds won't buy in unless improvement from the fundamental wise. They need to hold high level meeting to discuss before pouring the funds.
One of the typical example in Bursa is D&O and Greatec, funds start to buy massively when price surge more than 400 % !
2021-07-01 21:43 | Report Abuse
LONDON (Reuters) -Oil rose almost $2 on Thursday, supported by the prospect of strengthening demand, lower U.S. stock
Analysts expect oil demand to gather pace in the second half of the year as more people are vaccinated against COVID-19 and travel restrictions are eased.
Oil Surge to new multi year high ! More profits to PING
2021-07-01 18:19 | Report Abuse
Trevor777, mind to share what's the interesting new project ?
2021-07-01 16:28 | Report Abuse
@Trevor777, more contracts will be announced in July as per Tan Sri's comments during the last corporate briefing! Majulah Silterra & Ping ... Bring Fame !
2021-07-01 14:43 | Report Abuse
First positive news in July ! Hope more to come
2021-07-01 14:42 | Report Abuse
DNeX subsidiary appraised at CMMI Maturity Level 3
Cyberjaya, 1 July 2021 – Dagang NeXchange Berhad (“DNeX”) has announced that its wholly-owned subsidiary, Dagang Net Technologies Sdn Bhd (“Dagang Net”) has been appraised at Maturity Level 3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI)® Version 2.0 namely for the company’s Technology and Human Resource functions.
CMMI is a capability improvement framework that provides organisations with the essential elements of effective processes that ultimately improve their performance.
The appraisal indicates Dagang Net is performing at a defined level where processes are well characterised and understood, and are described in standards, procedures, tools, and methods. Dagang Net’s set of standard processes, which is the basis for Maturity Level 3, is established and improved over time.
“We are pleased to be appraised at Maturity Level 3 of CMMI Institute’s Capability Maturity Model Integration (CMMI)® Version 2.0. We understand that Dagang Net is among the first few organisations this year to be ranked at this level of this new version,” said Tan Sri Syed Zainal Abidin Syed Mohamed Tahir, Group Managing Director of DNeX.
“It is a testament to our commitment to work quality, and we hope this can help build higher customer trust and confidence in our products and services moving forward. We are truly blessed with this achievement, made possible with dedication of all staff involved who have worked tirelessly towards this end,” he said.
The appraisal was performed by MFQ Asia Sdn Bhd, a consultancy company specialising in improving organisational performance through the development of the organisation’s people and process capabilities.
Dagang Net has earlier this year received approval on the contract extension for the National Single Window (“NSW”) for Trade Facilitation from the Government of Malaysia. The contract extension is for a period of three years commencing from 1 September 2021 until 31 August 2024.
2021-07-01 14:07 | Report Abuse
Greatec Capital ~ 8 Billion
MPI ~ 8 Billion
ATAIMS ~ 3 Billion
D&O ~ 6 Billion
INARI ~ 11 Billion
MI ~ 3 Billion
Penta ~ 3 Billion
Unisem ~ 6 Billion
UWC ~ 6 Billion
Take note Silterra is the only chips maker in Malaysia .
2021-07-01 12:20 | Report Abuse
Mine from profit 6 digits to paper loss, I believe great things will come in 3 - 6 months... Have faith and stay sober
2021-07-01 11:54 | Report Abuse
Thank you Trevor777, my cost is slightly higher but I remain invested for long term.
2021-07-01 11:38 | Report Abuse
Thank you @Trevor777, wonderful sharing... only can wait for durian drop now
2021-06-30 19:21 | Report Abuse
DNeX group managing directorTan Sri Syed Zainal Abidin Syed Mohamed Tahir
KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) has completed the acquisition of an additional 60% stake in Ping Petroleum Limited, raising its holdings to 90%.
This makes Ping, an upstream oil and gas (O&G) company, a subsidiary of DNeX Energy Sdn Bhd (DNeX Energy), a wholly owned subsidiary of DNeX.
“With the completion of this exercise, DNeX will consolidate Ping’s financial performance into the group’s earnings from July 2021 onwards.
“Since DNeX’s acquisition of a 30% stake in Ping in 2016, Ping has consistently delivered profits and generated positive operating cash flow driven by its ability to keep its operating costs below US$20 per barrel,” DNeX said in a statement Wednesday.
DNeX noted that in the past three three financial years ended 31 December 2018, 2019 and 2020, Ping reported a cumulative audited net profit of US$34.7mil.
Group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said the upswing in Brent oil prices to above US$70 per barrel level augurs well for its energy segment.
“Against this favourable backdrop, we will be expanding our business in the upstream O&G sector to capitalise on the upcycle.
“To enhance our production levels at the Anasuria Cluster, we have earmarked about US$71mil for redevelopment activities over the next five years. These activities include the drilling of infill wells, debottleneck exercise and facilities improvement work,” Syed Zainal said.
He added that the group expects better contribution from Ping amid the rising oil prices driven by higher global oil demand as economies reopen in many parts of the world.
To recap, the acquisition of the additional 60% stake is valued at US$78mil (RM314.3mil) and will be satisfied by a combination of US$40.95mil (RM165mil) in cash, and the issuance of new ordinary shares in DNeX and new redeemable preference shares in DNeX Energy, for the remaining US$37.05mil (RM149.3mil).
Ping will be led by Zainal Abidin Jalil as CEO and Datuk Robert Fisher will serve as chairman of Ping post acquisition.
Fisher currently serves as independent non-executive director of DNeX and Zainal Abidin currently sits on DNeX’s board as executive director.
Stock: [DNEX]: DAGANG NEXCHANGE BERHAD
2021-07-05 21:45 | Report Abuse
(台北5日讯)鸿海精密工业股份有限公司第二季度营收增长20%,因疫情继续推动市场对苹果公司和其他客户电子产品的需求。
鸿海精密公布,截至6月的三个月营收增至1.36兆台币(约2023亿令吉);预期为1.34兆台币。
这家全球最大的电子产品代工商公布的强劲数据表明,随着消费者购置产品用于远程办公、居家学习以及娱乐需求,对iPhone、游戏机和服务器的需求保持强劲。
企业也在技术方面投资并扩大数据中心基础设施,以更好地服务客户的线上活动。
鸿海还公布,6月营收为4016亿元台币(约598亿令吉),今年至今的营收达到2.7兆台币(约4023亿令吉)。