Dealer outlook cools on acquisitions
Nearly half of dealers plan to buy one or more dealerships in the next 12 months, while only 2 percent expect to sell in that time frame, according to a survey by Kerrigan Advisors......»»
Global instability increases cyber risk, says World Economic Forum
Geopolitical instability is exacerbating the risk of catastrophic cyberattacks, according to the Global Cybersecurity Outlook 2023 report from the World Economic Forum. The great threat Over 93% of cybersecurity experts and 86% of business leaders be.....»»
Foundry PSMC cautious about 1Q23 outlook
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) has expressed caution about its sales prospects for the first quarter of 2023 when its overall fab utilization rate will come down to about 60%......»»
Networking solution provider Planet Technology optimistic about growth for 2023
Networking solution provider Planet saw record revenue growth in 2022 and has remained optimistic about its outlook toward 2023. In response to the strong wireless communication demand of smart IoT, PLANET also released a new router to take full adva.....»»
IC design houses turn more cautious
TSMC's negative outlook for the overall semiconductor market this year has prompted IC design houses to take a more cautious approach, according to industry sources in Taiwan......»»
Handset clients pessimistic about market prospects, says Largan
Lens module maker Largan Precision is conservative about its sales prospects for the first quarter of 2023 amid a gloomy outlook for the global handset market, according to company chairman and CEO Lin En-pin......»»
Microsoft 365 Basic gives you 100GB of OneDrive space (but no Office) for $2
Basic subscription tier will also remove ads from web and mobile Outlook apps. Enlarge (credit: Microsoft) Microsoft is adding a new low-end subscription tier to its Microsoft 365 service designed to cater to existing O.....»»
Michigan Carvana store agrees to surrender dealer license; online sales can continue
The Michigan Carvana outlet will surrender its license in lieu of state regulators taking further administrative action. Carvana can keep delivering vehicles purchased through its website to Michigan residents at its Michigan locations......»»
Ark. dealer sues VW of America, says VW store 20 miles away infringes on turf
Crain Volkswagen of Fayetteville says the establishment of Everett Volkswagen in Rogers encroaches upon its territory and is a violation of its franchise agreement......»»
Pegatron uncertain about 2023 outlook
Pegatron remains uncertain about its business outlook for the first quarter and the entirety of 2023 due to persistent macro headwinds......»»
Microsoft might put ChatGPT into Outlook, Word, and PowerPoint
There is word that Microsoft is in collaboration with OpenAI to use its GPT model to bring AI text generation to its Office suite......»»
St. Louis dealer Frank Bommarito dies at 88
Bommarito, who founded Bommarito Automotive Group more than 50 years ago and expanded it across the St. Louis region, died peacefully in his home in Naples, Fla......»»
Illinois dealers lose lawsuit to halt Rivian, Lucid direct sales
A judge ruled that officials were correct in granting dealer licenses to the EV makers despite objections from the Illinois Automobile Dealers Association, which argued that direct sales by the startups should be halted......»»
Taiwan IC design houses to highlight AIoT, image recognition solutions at CES 2023
Despite lackluster consumer market outlook, Taiwan's IC design houses are taking advantage of the global pandemic slowdown to showcase their latest technologies at CES 2023, focusing on AIoT and image recognition solutions, according to industry sour.....»»
TV sales in North America, Southeast Asia likely to rise in 2023
Most TV brands remain conservative about their outlook for 2023, expecting sales in North America and Southeast Asia likely to rise despite market uncertainty......»»
IC test interface solution providers cautiously optimistic about 2023
IC test interface solution providers are cautiously optimistic about their business outlook for 2023, citing persistent macro headwinds and the ongoing inventory adjustments for mass-market chips......»»
2023 outlook: Server momentum to rely on US cloud service providers; mild growth to be expected
After two years of incredible delivery numbers, the server sector will return to normal. DIGITIMES Research estimated that in 2023, server delivery will reach 18.821 million units, an annual increase of 4.3%, compared to the 6.1% in 2022. Supply chai.....»»
Taiwan export value drops for 3rd consecutive month
Taiwan has experienced sequential export value decreases for the third consecutive month, casting a shadow over the country's economic growth outlook for next year......»»
Nio curtails delivery outlook as China cancels Covid-19 restrictions
EV maker Nio announced on December 27 that it had lowered the delivery outlook for the fourth quarter of this year, as the pandemic impacted car production in China following latest government cancellation of Covid-19 restrictions. BYD said it had cu.....»»
Tesla used-car price bubble pops, weighs on new-car demand
Prices of used Teslas are falling faster than those of other automakers and the EVs are languishing on dealer lots longer......»»
Taiwan"s big three IC design houses see challenges in 2023
Mediatek, Novatek, and Realtek, Taiwan's three major IC design houses, all remain conservative in their 2023 outlook, since the overall visibility is not clear. What is clear is that client demand for the first quarter of 2023 will not see a signific.....»»