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......»»
Tesla, other EV makers likely cost California dealers $910 million in 2022 profit opportunity
The lost profit opportunity breaks down to nearly $700,000 per dealership......»»
Pegatron posts revenue and profit decreases in 1Q23
Pegatron has reported net profits fell 40.4% sequentially to NT$5.05 billion (US$164 million) in the first quarter of 2023, when revenue decreased 11% on quarter to NT$318.1 billion......»»
Foxconn has a grim outlook for the year as profits take a nosedive
Apple supplier Foxconn reported a 56% decline in first-quarter net profit, its biggest quarterly fall in three years, falling short of forecasts.Foxconn posts profit lossDuring the January-March quarter, Foxconn disclosed a decline in net profit to T.....»»
Honda sees full-year profit rising 19% this fiscal year after operating income slipped 3.7% last year
Honda forecasts full-year operating profit rising to $7.40 billion as the automaker benefits from a strengthening supply chain......»»
Nissan sees North America leading global sales surge after profits rise 52%
Nissan CEO Makoto Uchida forecasts a robust rebound in global sales, as Nissan reports a 52 percent increase in operating profit in the just-ended fiscal year......»»
DFI to pursue gross margin, profit growth in 2023
Taiwan-based industrial motherboard and computing device maker DFI will strive to increase its gross margin and profits this year......»»
Vroom reports $75M net loss, shrunken revenue in Q1
The retailer expects its gross profit per vehicle to improve in the second half of the year as it sells a higher mix of newer inventory, CEO Tom Shortt said......»»
Toyota forecasts record production, sales and profit this FY
Toyota CEO Koji Sato forecasts record production and sales levels this fiscal year as the automaker plows ahead with expansion and healthy finances......»»
Chicony expects revenue and profit growth in 2Q23
PC peripheral specialist Chicony Electronics reiterated the company's efforts to expand its non-PC offerings while anticipating sequential revenue and profit increases in the second quarter......»»
Rebounding Mitsubishi expects North American profitability to surge
Rebounding Mitsubishi Motors expects North America to emerge at the Japanese carmaker's top profit center and second-biggest global market in the current fiscal year as it reins in incentive spending and gets traction from the Outlander PHEV crossove.....»»
Compal posts profit and margin increases in 1Q23
ODM Compal Electronics saw its net profits climb about 30% sequentially in the first quarter of 2023, with gross margin and operating margin also besting performances from the previous quarter......»»
Nan Ya sees 1Q23 profit fall to 8-quarter low
Nan Ya PCB, among Taiwan's major ABF substrate suppliers, saw its net profits hit an eight-quarter low of NT$2.325 billion (US$75.8 million) in the first quarter of 2023. EPS for the quarter came to NT$3.60......»»
Per-vehicle F&I profit down for 4 publics
Average F&I profit per vehicle retailed in Q1 rose slightly at AutoNation and Sonic, while other publics saw a decline......»»
Ferrari"s Q1 earnings rose 27% on higher sales, strong pricing
Ferrari's profit margin grew to 37.6 percent as it raised prices for its wealthy customers who are less affected by soaring inflation and higher interest rates......»»
Tesla"s swelling inventory suggests Musk will keep cutting prices
In the two weeks since Tesla alarmed investors by revealing how much of a toll discounts were taking on its profit margins, Elon Musk has bumped prices back up across the lineup......»»
China AI chip developers swing to profits, but Cambricon still in the red
China's major AI chip developers have reported significant profit results for 2022 operations. The only exception is Cambricon Technologies, which was still mired in heavy losses......»»
BSidesLjubljana 0x7E7 CFP is still open!
BSidesLjubljana 0x7E7, a non-profit conference organized by the information security community, will take place on June 16, 2023, at the C111 Computer Museum. The deadline for the call for papers (CFP), initially set for April 30, has been extended f.....»»
KAR Global announces rebrand under the name Openlane; company swings to Q1 profit
KAR Global's corporate name will change to Openlane on May 15, and the rebranded company will keep trading under the ticker symbol "KAR" on the New York Stock Exchange, according to a news release......»»
Eternal Materials sees shipment recovery for its three major businesses, potential growth to 3Q23
Eternal Materials, the leader in PCB upstream material dry film photoresist, pointed out that its three major business groups have seen their shipments recover. This is likely due to increased capacity utilization, increased gross profit margins, and.....»»
Ford reports US$1.76 billion profit, seeing EV revenue decline in 1Q23
Ford Motor posted US$1.76 of net income in the first quarter of 2023 as total shipments increased by 9% year-over-year. On Tuesday, it lowered prices of the electric Mustang Mach-E again while CEO Jim Farley said the carmaker will not cut prices just.....»»