Ennostar expects 4Q21 revenues to slip by less than 10%
Ennostar expects fourth-quarter 2021 consolidated revenues to drop by less than 10% mainly because robust demand for mini LED backlighting and car-use LED devices remains, despite the period being a traditional off season, according to the company......»»
Sonos headphones likely revealed in website slip-up
Sonos' unreleased headphones may have been inadvertently revealed by a European parts supplier......»»
Foxconn saw best-ever April revenues partly because of better than expected iPhone demand
Apple's largest iPhone manufacturer has reported almost a fifth higher revenue for April 2024 compared to the same month in 2023, in part because of diversification.Workers in a Foxconn factoryIn March 2024, Foxconn's parent company Hon Hai Precision.....»»
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Hyundai, Kia sales slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup
A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this decade to 2040......»»
Mercedes warms to ICE vehicles as EV growth cools in the U.S.
Mercedes expects to sell about 50,000 more coupes, sedans, crossovers and SUVs in the U.S. in 2024 compared with last year......»»
Spring iPhone sales slip to lowest activation share in years
The iPhone's slice of the smartphone activation pie has shrunk to its smallest size in six years, marking a concerning trend for Apple as it grapples with the longest gap yet between its iPhone releases.iPhone sales slip to lowest activation share in.....»»
Lithia Q1 net income down 28% as margins slip
Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»
Security Bite: Annual cost of cybercrime to hit $9.2 trillion in 2024
Cybercrime is on an unprecedented rise. A new Statista Market Insights survey predicts that the annual cost of cyberattacks will reach $9.2 trillion this year. The figure surpasses even the revenues of some of the largest corporations in the world. M.....»»
The next wave of mobile threats
According to McAfee, apps, whether for communication, productivity, or gaming, are among the biggest threats to mobile security. Technavio expects the global mobile security software market to grow by $2.75 billion between 2020 and 2025, expanding at.....»»
Through astronaut eyes, virtual reality propels gateway forward
NASA astronauts are using virtual reality to explore Gateway. When they slip on their headsets, they're not just seeing the station—they're in it, meticulously surveying every detail and offering crucial insights on design and functionality......»»
Microsoft finds a sneaky way to slip more ads into Windows
Microsoft is testing a stealth way to include ads to the Windows 11 Start menu......»»
Public transit agencies may need to adapt to the rise of remote work, says new study
Remote work could cut hundreds of millions of tons of carbon emissions from car travel—but at the cost of billions lost in public transit revenues, according to a new study......»»
How malicious email campaigns continue to slip through the cracks
In this Help Net Security video, Josh Bartolomie, VP of Global Threat Services at Cofense, discusses how email will remain a target as long as it remains the predominant form of communication within a business. Cofense researchers have found that mal.....»»
GM: Q1 sales slip 1.5% on lower fleet; retail up 6%
GM said short-term production constraints of midsize pickups and vans contributed to lower fleet sales in the first quarter......»»
Raising the minimum wage? Study using US tax data finds more gain than pain
Most independent businesses can shoulder the added costs of higher minimum wages with new revenues, making only minor employment adjustments, according to new research from the University of Michigan and Carnegie Mellon University......»»