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......»»
Michigan Ford dealership rethinks used-car commissions
Roy O'Brien Ford in St. Clair Shores, Mich., increased its used-vehicle volume and boosted sales reps' interest in selling any used car in stock by changing the way it accounts for gross profit when calculating commission payments......»»
Hunting pythons in Florida, for profit and therapy
Enrique Galan is seldom happier than when he disappears deep into the Everglades to hunt down Burmese pythons, an invasive species that has been damaging Florida's wetland ecosystem for decades......»»
Samsung cutting DDR3 production and DDR4 prices to nudge customers towards newer DRAM tech
Last year, the supply of DDR3 memory was already dwindling and profit margins remained slim, so it shouldn't surprise anyone that manufacturers are looking to phase them out in favor of newer variants like DDR4 and DDR5......»»
Tencent posts first ever revenue drop, turns to foreign markets as China"s gaming crackdown continues
Tencent missed both revenue and profit forecasts in its earnings report for the second quarter as revenue fell 3% year-on-year to $19.78 billion. It blamed the results on disruption caused by China's Covid Zero policy and strict gaming regulations......»»
GM adds CEO of luxury fashion company to board
Joanne Crevoiserat oversees the strategy of Tapestry brands such as Kate Spade and Coach to drive sales and profit growth by making the company more consumer-centric, digital and data-driven......»»
Taiwan optical fiber devices vendors upbeat about 2H22 sales
Taiwan's suppliers of optical communications devices including Browave, EZconn, APAC Opto Electronics and Apogee Optocom have all posted impressive revenue and profit gains for the second quarter and are optimistic about their business performances f.....»»
NFL Blitz arcade games will relaunch as Arcade1Up cabinet exclusive
Three-game collection for $599 will have some unfortunate edits. NFL Blitz returns in three-quarters scale. [credit: Arcade1Up.....»»
Sanctioned Huawei keeps on losing money, just not as quickly
As per the SCMP, Huawei reported revenue of 301.6 billion yuan, or around $44.7 billion, for the first half of 2022, marking a 5.9% year-on-year drop. That's an improvement over the first quarter results, which saw revenue down 13.9% YoY. Its profit.....»»
The best cheap Android phones
Want a smartphone but don't want to spend $1,000? We've got you covered. Enlarge / The camera bar returns but it's a lot shallower than the Pixel 6 version. (credit: Ron Amadeo) So you want to buy a cheap Android phone, but y.....»»
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.....»»
Falling demand and US sanctions leave marks on SMIC"s earnings report
Semiconductor Manufacturing International Corp. (SMIC) has posted its earnings report for 2Q22, showing a 41.6% YoY revenue growth reaching US$1.9 billion. Gross profit was US$750 million, an 85.3% YoY growth from $405 million in Q2 2021. Gross margi.....»»
Taiwan IC test interface vendors quitting iPhone AP supply chain
Taiwan's IC test interface solutions providers including Chunghwa Precision Test Tech (CHPT) and WinWay Technology reportedly may almost fully retreat from the supply chain for iPhone Aps in 2023 probably due to increasingly thin profit margins for r.....»»
Balancing act: Creating companies that generate profit and social impact
Companies should prioritize data collection, analysis and education to measure the effectiveness of social impact solutions. Companies should prioritize data collection, analysis and education to measure the effectiveness of social impact solutio.....»»
New AI meets profit, risk goals for complex financial portfolios
Researchers have developed and demonstrated an artificial intelligence (AI) program that allows them to meet specific investment risk and return goals for large-scale portfolios containing hundreds of assets......»»
Battery percentage indicator returns to notched iPhones in latest iOS 16 beta
Apple has brought the battery level indicator back to the status bar of notched iPhones as part of iOS 16 beta 5. As on older models like the iPhone 7 and 8, the returning feature appears as a toggle under Settings > Battery. Interestingly, the optio.....»»
Investors threaten financial stability of health care providers: New study
There is growing alarm that Wall Street actors are increasingly buying up hospitals, nursing homes and other providers to make "outsized returns." These investors have little or no knowledge of health care, many say, and treat it simply as a financia.....»»
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%......»»
GM CFO: EV profit, scale to expand as Ultium plants open
Ultium Cells, a battery cell joint venture between GM and LG Energy Solution, plans to open its first plant this month......»»
Why You Need to Personalize Your Customer Returns Service
You can’t please all the people all of the time. But how you handle returns can have a big effect on your bottom line. Continue reading........»»
CarGurus posts smaller Q2 profit on higher revenue
The vehicle marketplace company said revenue more than doubled in the second quarter, led by growth in transaction volume linked to its Instant Max Cash Offer feature......»»