Episil returns to profit
Taiwan-based Episil, a foundry specializing in SiC power devices, returned to profitability in the first three quarters of 2021 from losses a year ago......»»
Ford returns to Formula One as partner to Red Bull
Ford has a rich history in F1, winning 10 Constructors’ championships and 13 drivers’ championships during a stretch that ended in the early 1980s......»»
MediaTek posts revenue and profits declines in 4Q22
MediaTek has reported an over 40% sequential decline in net profits for the fourth quarter of 2022, with revenue decreasing nearly 24% on quarter, despite record-high sales and profit results for the entire year......»»
Aptiv posts double-digit revenue growth, profit boost in Q4
Fourth-quarter net income soared to $233 million from $15 million a year earlier, when one-time special costs and a decline in revenue hurt results......»»
Asbury Automotive net income more than doubled in Q4
Asbury Automotive Group Inc.'s profit more than doubled in the fourth quarter as the Duluth, Ga., public retailer closed out its first full year of earnings boosted by its December 2021 acquisition of Larry H. Miller Dealerships......»»
Samsung likely to prioritize profit over shipment volume for smartphone business
Samsung Electronics may be adjusting its smartphone business strategy, focusing more on the high-end and entry-level devices in a weakening market where maintaining shipment volumes across all segments is no longer feasible......»»
Tomb Raider returns as a mobile roguelike via Netflix
Roguelike Tomb Raider Reloaded is releasing for iOS, Android, and Netflix on Valentine's Day......»»
Samsung likely to prioritize profit over shipment volume for smartphone biz
Samsung Electronics may be adjusting its smartphone business strategy, focusing more on the high-end and entry-level devices in a weakening market where maintaining shipment volumes across all segments is no longer feasible......»»
GM reports US$14.5 billion 2022 pretax profit, seeing China income decline
General Motors saw its 2022 wholesale volume grow about 25% from last year, bringing the automaker a record EBIT-adjusted US$14.5 billion. It plans to invest US$650 million in the largest lithium project in the US to secure battery materials supply......»»
GM Financial profit slips in Q4 as interest rates rise
General Motors' captive lender said it experienced the effects of lower net leased vehicle income and higher interest costs......»»
Viewpoint: Unlike with academics and reporters, you can"t check when ChatGPT"s telling the truth
Of all the reactions elicited by ChatGPT, the chatbot from the American for-profit company OpenAI that produces grammatically correct responses to natural-language queries, few have matched those of educators and academics......»»
GM Q4 net income rises 15% to $2 billion; revenue surged 28% to $43.1 billion
GM's adjusted profit in North America soared 69 percent in the quarter to $3.7 billion......»»
Samsung"s terrible quarter delivered lowest profit in 8 years
Long-time Apple rival Samsung had an incredibly bad fourth quarter, with the global economic downturn blamed for a 69% drop in quarterly operating profit.Samsung Galaxy Flip4In the days before Apple's announcement its own financial results for the mo.....»»
Samsung"s operating profit drops 70%, sales for foundry service breaks record
Due to a weak economy that leads to low demand for electronics, Samsung Electronics posted a sharp fall in its operating profit and expects the business environment to improve in the second half of 2023......»»
MLB The Show 23 returns to Xbox, PlayStation, and Nintendo Switch this March
MLB The Show 23 will be available across PlayStation, Xbox, and Nintendo consoles for the second year in a row.....»»
GM, Ford must convince investors they can profit as prices fall
GM and Ford are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and crossovers......»»
Hyundai unveils $8.5B spending plan amid EV push
Hyundai increased dividends in an unusual move for the automaker, after operating profit more than doubled in the latest quarter......»»
Tesla made an annual profit of $12.6 billion in 2022
High operating margins and good sales growth are responsible, Tesla says. Enlarge / Elon Musk had plenty of headaches in 2022 but Tesla making money wasn't one of them. (credit: FREDERIC J. BROWN/AFP via Getty Images) T.....»»
Microsoft quarterly profit falls 12% but cloud computing business shows strength
Microsoft on Tuesday posted weaker-than-expected revenue and a double-digit percentage drop in profit for the final three months of last year amid broader economic uncertainty and reduced demand for personal computers and software......»»
Floorplan revenue expected to dive after years as a profit source
After years as profit source, floorplan revenue is expected to dive in 2023 as interest rates rise......»»
Where do your online shopping returns end up? In the trash, new research finds
For e-commerce companies, it is cheaper to throw away returned items rather than selling them again. In a new study, researchers at Lund University in Sweden interviewed members of the textile and electronics industries, hoping to better understand a.....»»