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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......»»

Category: itSource:  digitimesNov 16th, 2021

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......»»

Category: topSource:  autonewsRelated NewsFeb 2nd, 2023

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......»»

Category: topSource:  marketingvoxRelated NewsFeb 2nd, 2023

Tomb Raider returns as a mobile roguelike via Netflix

Roguelike Tomb Raider Reloaded is releasing for iOS, Android, and Netflix on Valentine's Day......»»

Category: topSource:  digitaltrendsRelated NewsFeb 1st, 2023

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......»»

Category: topSource:  pcmagRelated NewsFeb 1st, 2023

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......»»

Category: topSource:  pcmagRelated NewsFeb 1st, 2023

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......»»

Category: topSource:  autonewsRelated NewsJan 31st, 2023

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......»»

Category: topSource:  physorgRelated NewsJan 31st, 2023

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......»»

Category: topSource:  autonewsRelated NewsJan 31st, 2023

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.....»»

Category: appleSource:  appleinsiderRelated NewsJan 31st, 2023

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......»»

Category: itSource:  digitimesRelated NewsJan 31st, 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.....»»

Category: topSource:  digitaltrendsRelated NewsJan 30th, 2023

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......»»

Category: topSource:  autonewsRelated NewsJan 27th, 2023

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......»»

Category: topSource:  autonewsRelated NewsJan 26th, 2023

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.....»»

Category: topSource:  arstechnicaRelated NewsJan 26th, 2023

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......»»

Category: topSource:  cnnRelated NewsJan 24th, 2023

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......»»

Category: topSource:  autonewsRelated NewsJan 21st, 2023

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.....»»

Category: topSource:  physorgRelated NewsJan 20th, 2023

9to5Mac Happy Hour 417: HomePod returns, M2 Mac mini and new MacBook Pro announced

Benjamin and Zac discuss Apple’s hardware announcements this week including the new lineup of MacBook Pro, Mac mini, and the return of the original big HomePod. Plus, there’s more rumors about the AR headset roadmap and Apple TV+ presents its sp.....»»

Category: topSource:  informationweekRelated NewsJan 20th, 2023

Bel-Air season 2 headlines Peacock’s February schedule

The adventures of Will Smith returns for its sophomore outing as Bel-Air season 2 headlines Peacock's upcoming February schedule......»»

Category: topSource:  digitaltrendsRelated NewsJan 19th, 2023

"Ted Lasso" returns to Apple TV+ in spring 2023

Apple has shared a first look for season 3 of "Ted Lasso," set to debut in the coming months.Nick Mohammed and Jason Sudeikis will return for a third season | Credit: AppleOn Wednesday, Apple announced that its award-winning sports comedy "Ted Lasso".....»»

Category: appleSource:  appleinsiderRelated NewsJan 19th, 2023