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Dana sees profits plunge in Q2

Second-quarter net income at the major supplier dropped by nearly 85 percent in the second quarter, reflecting lower operating earnings caused by the unfavorable impact of foreign currency values, a spike in costs and supply chain challenges......»»

Category: topSource:  autonewsAug 5th, 2022

Rocket Report: SpaceX sees rideshare demand, Russia’s odd launch deal with Iran

"One of the questions that we’re getting a lot is, 'How full are you guys?'" Enlarge / India's Small Satellite Launch Vehicle takes flight on Sunday. (credit: ISRO) Welcome to Edition 5.06 of the Rocket Report! The big new.....»»

Category: topSource:  arstechnicaRelated NewsAug 12th, 2022

WPG expects 5-10% sales drop in 3Q22

IC distributor WPG has reported net profits and EPS for the second quarter of 2022 beat its estimates given previously, buoyed by non-operating income, when revenue slipped 5.2% sequentially to NT$199.06 billion (US$6.64 billion). The company expects.....»»

Category: itSource:  digitimesRelated NewsAug 12th, 2022

Kioxia sees datacenter clients adjust NAND inventory

Datacenter and corporate clients have recently moved to adjust their NAND flash inventory in response to component shortages and global economic downturns, although demand for SSD is bound to surge in the medium and long term to support continuous di.....»»

Category: itSource:  digitimesRelated NewsAug 12th, 2022

Sharp sees decreased 2Q22 revenues, operating profit

Sharp has released the financial report for the first quarter of its fiscal year 2022 (second quarter of 2022), with sales revenues of JPY562.174 billion (US$4.22 billion) decreasing 6.54% on quarter and 8.08% on year and operating profit of JPY6.115.....»»

Category: itSource:  digitimesRelated NewsAug 12th, 2022

Shudder"s mysterious "Saloum" trailer sees mercenaries trying to extract a drug lord

A drug lord, three mercenaries on the run, and a "cursed" area of Senegal that they need to hide out in are the starting ingredients for Shudder's latest addition.Jean Luc Herbulot's thriller — which stars Yann Gael, Mentor Ba, and Roger Sallah.....»»

Category: topSource:  theglobeandmailRelated NewsAug 12th, 2022

Asustek sees inventory swell to over NT$200 billion

Asustek Computer held over NT$200 billion (US$6.67 billion) worth of inventory in the second quarter of 2022, when its net profits fell over 80% sequentially, according to the PC and motherboard vendor......»»

Category: itSource:  digitimesRelated NewsAug 12th, 2022

Hubble sees supergiant Betelgeuse slowly recovering after blowing its top

Analyzing data from NASA's Hubble Space Telescope and several other observatories, astronomers have concluded that the bright red supergiant star Betelgeuse quite literally blew its top in 2019, losing a substantial part of its visible surface and pr.....»»

Category: topSource:  physorgRelated NewsAug 11th, 2022

SAIC Volkswagen sees June, July car sales in China hike on year

SAIC Volkswagen, a China-based joint-venture automaker established by Volkswagen and China-based automaker SAIC Motor, saw sales of its automobiles in the China market in June and July 2022 hike on year by 94% and 85% respectively, according to China.....»»

Category: itSource:  digitimesRelated NewsAug 11th, 2022

Shudder"s eerie "Raven"s Hollow" trailer sees a 19th century town hiding a dark secret

Sometimes it's more effective when trailers — especially the scary ones — don't actually tell us all that much.That's certainly the case in Shudder's trailer for Christopher Hatton's Raven's Hollow, which sees Edgar Allen Poe (William Mos.....»»

Category: topSource:  informationweekRelated NewsAug 10th, 2022

Nvidia’s Q2 Gaming Revenue Falls 44 Percent, GPU Prices Plunge

The RTX 3060 has mining restrictions on it. The rumored RTX 3080 Ti may as well. There's never been a better, or worse, time to buy a 30-series GPU. The post Nvidia’s Q2 Gaming Revenue Falls 44 P.....»»

Category: topSource:  extremetechRelated NewsAug 10th, 2022

Honda focuses on deliveries, rather than recession talk, as profits fall

Honda expects higher inflation and interest rates to eventually have an impact on the U.S. economy, but for now, its top priority is delivering more product to customers......»»

Category: topSource:  autonewsRelated NewsAug 10th, 2022

Cooling module maker AVC sees promising demand for servers

Despite a slowdown in short-term data center and other server demand, the long-term demand outlook is promising, according to Asia Vital Components (AVC), which specializes in thermal solution products......»»

Category: itSource:  digitimesRelated NewsAug 10th, 2022

Transcend posts profit surge in 2Q22

Memory module house Transcend Information has reported net profits surged 46.9% sequentially to NT$1.15 billion (US$38.4 million) in the second quarter, when gross margin climbed 4.1pp on quarter to 29.1%......»»

Category: itSource:  digitimesRelated NewsAug 10th, 2022

Mazda pursues U.S. price hikes as profits plunge

Mazda says U.S. demand for its vehicles is robust enough to support price hikes, as the company notches record-low incentives on crimped production and tight inventories......»»

Category: autoSource:  autonewsRelated NewsAug 9th, 2022

Ford hikes F-150 Lightning prices; order bank to reopen for current reservation holders

The entry-level Pro trim will see the greatest price increase, up about 17 percent, as Ford battles rising material costs that have wiped out early EV profits......»»

Category: autoSource:  autonewsRelated NewsAug 9th, 2022

The Webb Telescope Captures a Stunning View of the Cartwheel Galaxy

Webb sees through dust and gas into regions out of reach of optical telescopes such as Hubble, revealing new galaxy views.....»»

Category: scienceSource:  sciamRelated NewsAug 9th, 2022

iCloud class action lawsuit sees Apple agree to pay $14.8M to paid tier subscribers [U]

Update: A federal judge has now approved the settlement – see bottom of piece for details An iCloud class action lawsuit has been settled out of court, with Apple agreeing to pay a total of $14.8M to US residents subscribing to one of the paid sto.....»»

Category: topSource:  marketingvoxRelated NewsAug 9th, 2022

WhatsApp: Mark Zuckerberg reveals new privacy features

The changes will let users silently leave group chats and control who sees their online status......»»

Category: hdrSource:  bbcRelated NewsAug 9th, 2022

Mark Zuckerberg reveals new WhatsApp privacy features

The changes will let users silently leave group chats and control who sees their online status......»»

Category: hdrSource:  bbcRelated NewsAug 9th, 2022

Lite-On Tech sees increased July revenues

EMS provider Lite-On Technology has reported consolidated revenues of NT$14.8 billion (US$497 million) for July, increasing 1.07% sequentially and 7.97% on year......»»

Category: itSource:  digitimesRelated NewsAug 9th, 2022