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Epistar may see profit from Kaistar

LED epitaxial wafer and chip maker Epistar stands a chance of bringing in non-operating profit from its China-based joint venture Kaistar Lighting (Xiamen), a vertically-integrated LED maker focusing on lighting, according to industry sources......»»

Category: itSource:  digitimesMay 14th, 2021

Diving into history: Newspapers offer historical perspectives on Brazil"s marine biodiversity

Humans have depended on marine ecosystems as a source of food and livelihood for thousands of years along the Brazilian coast. Over the past few decades, increased fishing demands, cycles of profit-driven subsidy programs, and weak governance models.....»»

Category: topSource:  physorgRelated NewsJul 5th, 2023

VW maps out profit push with brands getting more autonomy

To increase margins in the face of growing competition and a costly electrification shift, VW Group will give its brands "performance programs," with management incentives tied to meeting targets......»»

Category: topSource:  autonewsRelated NewsJun 22nd, 2023

Reddit API backlash continues, with moderators demonetizing subreddits

The Reddit API backlash continues, with moderators finding a new way to protest: They’ve come up with a simple way to demonetize their subreddits, to ensure the company cannot profit from them. The latest development has seen moderators removed, a.....»»

Category: topSource:  theglobeandmailRelated NewsJun 21st, 2023

Apple"s machine learning head departs to run AI thinktank

The Allen Institute for Artificial Intelligence, a non-profit aimed to furthering AI research, has named Apple machine learning chief Ali Farhadi as its new CEO.Starting from July 31, Farhadi will become the CEO of the Allen Institute for Artificial.....»»

Category: appleSource:  appleinsiderRelated NewsJun 20th, 2023

Hyundai aims for double-digit EV profit margins by 2030 with new platform

Hyundai's new EV strategy aims to rapidly ramp up volume, efficient manufacturing and flexible product engineering to drive down costs as the automaker seeks profit margins of 10 percent on the coming line of EVs riding on its new platform......»»

Category: topSource:  autonewsRelated NewsJun 20th, 2023

Digital retail could hurt dealer F&I revenue

75 percent of vehicle gross profit at Tim Dahle Nissan Southtowne near Salt Lake City is generated from F&I sales......»»

Category: topSource:  autonewsRelated NewsJun 18th, 2023

Carbon mitigation payments can make bioenergy crops more appealing for farmers

Bioenergy crops such as miscanthus and switchgrass provide several environmental benefits, but low returns and profit risks are barriers for investment by farmers. A new study from the University of Illinois Urbana-Champaign shows that carbon mitigat.....»»

Category: topSource:  physorgRelated NewsJun 15th, 2023

Carvana says it expects adjusted profit of more than $50M in Q2; shares surge 56%

The announcement sparked a rally for Carvana shares on Wall Street on Thursday. Shares skyrocketed 56 percent......»»

Category: topSource:  autonewsRelated NewsJun 9th, 2023

Carvana says it expects adjusted profit of more than $50M in Q2; shares surge 49%

The announcement sparked a rally for Carvana shares on Wall Street on Thursday. Shares rose 49 percent in afternoon trading......»»

Category: topSource:  autonewsRelated NewsJun 8th, 2023

"Subsystem" becomes profit guarantee for Nvidia; system-level integration tests have high potential

The concept of AI has continued to penetrate high-performance computing (HPC) and even the future car sector. Supply chain sources admitted that this is already a battle of "ecosystem," not just a single-chip business model. The importance of a "subs.....»»

Category: itSource:  digitimesRelated NewsJun 5th, 2023

GM"s Barra: Profit potential in "above and beyond" tech, not heated seats

Software and services represent a major growth opportunity for GM, particularly as they extend beyond a vehicle's first owner, Barra said......»»

Category: topSource:  autonewsRelated NewsJun 2nd, 2023

Ford sues Blue Cross Blue Shield in antitrust case over ‘astronomical" profit

Ford sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees......»»

Category: topSource:  autonewsRelated NewsJun 1st, 2023

Foxlink to see revenue boost from offshore wind projects: shareholder meeting

Foxlink (or Cheng Uei Precision Industry) is looking at the same revenue numbers as 2022, but with better gross margin and gross profit. It is also increasing its non-China-based production to up to 20% in the coming three years, said Tai-Chiang "T.C.....»»

Category: itSource:  digitimesRelated NewsJun 1st, 2023

Qisda expects profit boost from high value-added biz

Qisda has stepped up efforts to expand its high value-added businesses as part of its grand fleet strategy, which will account for over half of its total profits, according to the contract electronics device maker......»»

Category: itSource:  digitimesRelated NewsMay 30th, 2023

Wistron exits iPhone business in India reportedly due to low profit and work culture

Wistron is looking to sell its iPhone manufacturing business in India to Tata. People familiar with the matter said that the profit generated from iPhone assembling has been too low, and Wistron's management practices differ from India's local cultur.....»»

Category: itSource:  digitimesRelated NewsMay 23rd, 2023

iPhone maker Wistron calls it quits, saying Apple didn’t allow it to make a profit

iPhone maker Wistron – which was the first company to produce iPhones in India – has exited the business, saying that Apple’s tough negotiations on price meant the company was unable to make a profit. The news comes at a time when the Cupertin.....»»

Category: topSource:  informationweekRelated NewsMay 22nd, 2023

Unable to make a profit, Wistron is giving up iPhone assembly in India

Apple supplier Wistron is selling its iPhone assembly factory in India because Apple's terms prevent it from making a profit in the region.Wistron exits Apple India businessA report on May 2 had suggested Wistron was gradually scaling down a majority.....»»

Category: appleSource:  appleinsiderRelated NewsMay 22nd, 2023

Used-vehicle retailers shifted Q1 goals to profit over volume

Retailers grappled in their latest quarters with many factors impacting used-vehicle businesses: tighter availability of late-model used-vehicle inventory, heavier acquisition activity at wholesale auctions by rental car companies and increased consu.....»»

Category: topSource:  autonewsRelated NewsMay 20th, 2023

Vietnam EV maker VinFast targets profit after 2025, founder says

VinFast founder Pham Nhat Vuong said the electric vehicle maker could be profitable after 2025 if operations are "smooth" and break even by the end of 2024......»»

Category: itSource:  digitimesRelated NewsMay 17th, 2023

Niche PCB specialist posts strong 1Q23 results

First High-Tech Enterprise (FHT), which specializes in niche PCBs for automotive and networking communication applications, has reported an all-time-high revenue and impressive sequential and annualized net profit increases for the first quarter of 2.....»»

Category: itSource:  digitimesRelated NewsMay 16th, 2023