BizLink expects synergy from acquiring LEONI"s INBG
Connecting cable and wiring system maker BizLink Holding has finished acquisition of a 100% stake in Industrial Solutions Business Group (INBG) under Germany-based cable maker LEONI at Euro 451 million (US$507 million), and expects the acquisition to.....»»
Toyota to cut full-year production target on chip shortage
The automaker said it expects to lower its global production schedule amid global supply chain upheaval......»»
Toyota to cut full-year production target on chips crunch
The automaker said it expects to lower its global production schedule amid global supply chain upheaval......»»
Smartphone slump will continue into 2023, says Apple supplier, but high-end phones may be okay
Maruta Manufacturing – which makes components for a wide range of companies, including Apple – says it expects the current smartphone slump to continue into 2023. It predicts that consumers will hold onto their existing phones for even longer pe.....»»
Key iPhone supplier warns smartphone demand will continue to fall
Murata Manufacturing expects this year's drop in smartphone sales to keep going well into 2023, led by a sharp downturn in China......»»
CWTC expects 12-16% sales decline in 4Q22
IC packaging leadframe specialist Chang Wah Technology (CWTC) expects to post a revenue decline of 12-16% sequentially in the fourth quarter of 2022......»»
Drake Star: Game deals picked up in Q3 despite economic headwinds
The number and value of deals rose in the third quarter when it came to investing in or acquiring game companies, Drake Star Partners said. The number and value of deals rose in the third quarter when it came to investing in or acquiring game com.....»»
Energy agency: CO2 emissions rise in 2022, but more slowly
The International Energy Agency said Wednesday that it expects carbon emissions from the burning of fossil fuels to rise again this year, but by much less than in 2021 due to the growth in renewable power and electric cars......»»
Taiwan Auto-Design expects demand for CAE used in EV, new materials to drive business growth
Taiwan Auto-Design (TADC), a provider of CAE (computer-aided engineering) simulation and analysis solutions, expects demand for such solutions used in developing electric vehicles (EVs) and new materials to drive business growth in the future, accord.....»»
Kanye West to Buy Conservative Social Network Parler
The announcement comes just days after West's other social media accounts were locked due to anti-Semitic posts Kanye West is acquiring the libertarian-leaning social network Parler, the company announced on Monday, just days after his In.....»»
Gurman: M2 iPad Pro to be announced in the coming days, new Macs coming later this year [update: today]
Update: In his latest tweet, Mark Gurman confirms that he expects the new iPad Pro to be announced today. Original story from the weekend follows … Apple already introduced its new lineup of iPhone and Apple Watch last month. However, the company.....»»
Kanye West to acquire conservative social media platform Parler
Kanye West is acquiring Parler, the alternative social media platform favored by many conservatives......»»
Coretronic expects October LED BLU shipments to decrease
Coretronic expects October shipments of LED backlight units (BLUs) to slightly decrease sequentially and those of projectors and visual solution devices to significantly slip because production in China was reduced due to a week-long holiday in early.....»»
TSMC to see 3nm generate 4-6% of 2023 revenue
TSMC expects to see sales generated from 3nm process technology account for 4-6% of total wafer revenue in 2023......»»
Largan expects flat sales growth in October-November
Smartphone-use optical lens maker Largan Precision expects its revenue in October and November to be on par with the September level, but the excess inventory remains a challenge for the supply chain, according to company chairman and CEO Lin En-ping.....»»
Sealed OG iPhone auction expects 50x launch price; $42k Apple-1 manual found to be a replica
This past summer we saw an auction of rare Apple hardware including Steve Jobs’ prototype Apple-1 sell for $700k and an unopened original iPhone command $35,000. Now in a new auction that’s currently running, another sealed original iPhone is ex.....»»
Nissan to fully exit Russia market, expects JPY100 billion loss
Nissan Motor joined Toyota Motor in deciding to completely pull out of Russia, an exit that will cost Japan's second-largest automaker roughly JPY100 billion (US$687 million)......»»
Altos expects revenue hike in 2022
Altos Computing, an Acer subsidiary that provides high-performance computing and cloud computing solutions, expects to post a 200% revenue hike in 2022......»»
EV battery maker CATL sees up to 200% jump in profit
Contemporary Amperex Technology (CATL) expects its net income to surge to as much as CNY9.8 billion (US$1.4 billion) in the third quarter as the biggest maker of electric vehicle (EV) batteries benefits from strong sales to the automotive industry......»»
EV battery maker CATL sees up to 200 percent jump in profit
Contemporary Amperex Technology Co Ltd. expects its net income to surge to as much as $1.4 billion in the third quarter as the biggest maker of EV batteries benefits from strong sales......»»
Musk says Tesla will deliver Semi trucks to Pepsi this year
The carmaker will hand over Semis to PepsiCo on Dec. 1, Musk tweeted Thursday. The food and beverage giant has reserved 100 of the trucks and expects to deploy an initial 15 by the end of the year......»»