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......»»
Telecommunication and data center products face shipment delays while optical communication takes the lead
Browave Corporation ('Browave'), which specializes in optical communications, announced that its net profit after tax stood at NT$451 million in 2022, achieving annual growth of 453.1%. However, as its clients from the telecommunication industry adju.....»»
Ford losing billions on EVs but sees profits on horizon
Ford will have lost $6 billion on EVs over three years but believes it can reach profit margins of 8 percent on EVs and 10 percent companywide by the end of 2026......»»
Volkswagen warns of significant drop in earnings from car loans and leases
Volkswagen AG's financial-services division forecast a substantial drop-off in annual profit as better access to semiconductors and other components leads to normalization in the used-car market. Earnings in 2023 are expected to be significantly b.....»»
Unifor considering negotiating for profit-sharing with Detroit 3
The possible paradigm shift follows news of unprecedented profit-sharing checks that Stellantis’ U.S. hourly workers are expected to receive this year......»»
IC Design White Paper (1): Navigating policy options for strengthening Taiwan"s IC design industry
The estimated revenue of Taiwan's IC design industry in 2022 totalled at a commanding US$40 billion. The sector has proven itself to be eminently high-yielding with an enviable average profit margin of 20%. Whereas the Taiwanese semiconductor industr.....»»
Buyouts kick off $2B cost cutting drive
Job cuts and buyouts at the nation's largest automaker are happening not at a time of financial stress but following a year of record earnings and profit-sharing payouts to factory workers......»»
CATL reports CNY328.6 billion in 2022 revenue, seeing slower profit growth in 4Q
China-based battery maker CATL had a strong 2022 despite the challenges caused by COVID-19 and the lithium price hike. The company saw a 152% growth in revenue and a 92.9% increase in net profit last year. However, its profit growth was much lower in.....»»
Sercomm to pursue profit growth in 2023
Network device maker Sercomm will aim to boost profits and sales this year, according to company chairman and CEO James Wang......»»
Nissan credit rating cut to junk by S&P with profit, sales seen remaining weak
Nissan's profitability will continue to lag behind its competitors for the next one to two years S&P said, as supply-chain issues persist......»»
Memory module house Transcend posts 3% profit drop in 2022
Transcend Information has reported net profits slipped 3.1% on year to NT$2.45 billion (US$80.2 million) in 2022, when revenue declined 15.3% to NT$12.1 billion......»»
Mechanical weeding promotes ecosystem functions and profit in industrial oil palm, finds study
Oil palm trees are the most productive oil crop and global demand is increasing. However, their productivity is due to conventional management practices including high fertilizer usage and herbicide application, resulting in severe environmental dama.....»»
Polestar reduces Q4 loss, eyes 60% sales increase this year
Polestar Chief Financial Officer Johan Malmqvist said the company expects its 2023 gross profit to be in line with last year, adding that the automaker expects to increase global sales 60 percent to 80,000......»»
Chicony Power Technology 2022 revenues, net profit hit records for fourth time straight
Switching power supply maker Chicony Power Technology posted consolidated revenues of NT$41.066 billion (US$1.38 billion) and net profit of NT$3.247 billion for 2022, hitting respective annual records for the fourth consecutive time, according to the.....»»
Epistar to complete first micro LED production line at end of 2023
LED epitaxial wafer and chip maker Epistar will complete its first micro LED epitaxial wafer production line at the end of 2023 and start trial production in the first quarter of 2024, with sample products in initial certification process by then, ac.....»»
Cyolo unveils partner program to accelerate adoption of zero-trust access
Cyolo introduced partner program designed to help organizations enhance their cybersecurity capabilities for protecting sensitive systems and applications. The newly redesigned program will provide partners with a high profit margin through a simplif.....»»
Apple surrenders one hour of profit to Russia for antitrust violations
After failing to overturn a 2021 Russian fine regarding abuse of the App Store's alleged dominace, Apple has now paid the country's regulator $12.12 million.This case is separate to the 2022 App Store antitrust fine, in which Russia's Federal Antimo.....»»
2 of 6 publics see same-store F&I profit per vehicle fall in Q4, but results remain strong
Some executives at publicly traded franchised dealership groups said the prospect of rising interest rates could affect their finance-and-insurance business in 2023......»»
Stellantis CEO Tavares" 2022 pay fell 14%
Despite Stellantis reporting 2022 profit that beat forecasts, its CEO's pay fell compared with the previous year......»»
Cars.com rebounds with Q4 profit, shares rise
The company expects its marketplace to see more 2023 pullback from digital dealers......»»
Carvana net loss widens to $806 million in Q4
The company's growing tide of red ink caps off a year of inflationary pressures, rising interest rates, reductions in profit per vehicle and fluctuations in consumers' used-vehicle demand. Â .....»»