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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

Lenovo boosts profit after cutting costs

Lenovo Group's earnings climbed 6% after China's top PC maker relied on cost reductions and new businesses to weather an unprecedented slump in global computing demand......»»

Category: itSource:  digitimesRelated NewsNov 4th, 2022

TPK posts significant profit gains for 3Q22

Touch module maker TPK Holding has reported significant profit growth for the third quarter of 2022, reaching NT$220 million (US$6.82 million) compared to NT$66 million a quarter earlier......»»

Category: itSource:  digitimesRelated NewsNov 4th, 2022

Stellantis Q3 sales up 29% as better chip supplies lift shipments

Stellantis confirmed its forecast for a double-digit margin on adjusted operating profit and positive industrial free cash flow this year......»»

Category: topSource:  autonewsRelated NewsNov 3rd, 2022

Advantech 3Q22 revenues, net profit hit records

Industrial computing device and solution provider Advantech has reported third-quarter 2022 consolidated revenues of NT$18.614 billion (US$584 million) and net profit of NT$3.184 billion, both hitting quarterly records......»»

Category: itSource:  digitimesRelated NewsNov 3rd, 2022

KAR Global CFO to retire; 300 jobs being cut in N.A.

KAR reported higher year-over-year revenue, more profits per each vehicle sold and a net profit from its continuing operations in the quarter that ended Sept. 30.....»»

Category: topSource:  autonewsRelated NewsNov 2nd, 2022

KAR Global CFO to retire; Q3 net loss of $5.8M reported

KAR reported higher year-over-year revenue, more profits per each vehicle sold and a net profit from its continuing operations in the quarter that ended Sept. 30.....»»

Category: topSource:  autonewsRelated NewsNov 2nd, 2022

Bentley reports record profit in Q3 on sales of niche models

Operating profit for the first three quarters of 2022 was 575 million euros ($568 million), as global economic uncertainty did not dent customer interest, especially for niche models and customization. .....»»

Category: topSource:  autonewsRelated NewsNov 2nd, 2022

Mitsubishi weighs possible stake in Renault EV spinoff

Operating profit more than tripled to 53.8 billion yen ($372.3 million) and net income more than doubled to 44.1 billion yen ($240.4 million) in the three-month period......»»

Category: topSource:  autonewsRelated NewsNov 2nd, 2022

Wiwynn 3Q22 revenues, net profit hit records

Server ODM Wiwynn recorded consolidated revenues of NT$79.674 billion (US$2.50 billion), gross margin of 8.09%, operating profit of NT$4.877 billion, net profit of NT$4.316 billion and net EPS of NT$24.69 for the third quarter of 2022, with consolida.....»»

Category: itSource:  digitimesRelated NewsNov 2nd, 2022

Toyota sees operating income decrease, scaling back production forecast for FY2023

The world's largest automaker by sale reported a profit decline for the April-September period, mainly due to the rising raw material prices. Moreover, as the supply for some semiconductor types is still tight, Toyota has reduced its vehicle producti.....»»

Category: itSource:  digitimesRelated NewsNov 2nd, 2022

BYD 3Q22 gross margin nears 20%

BYD posited a big leap in revenue and net profit for the third quarter this year. Production growth slowed but gross margin rose to 19%......»»

Category: itSource:  digitimesRelated NewsNov 1st, 2022

Realtek cautious about 4Q22 sales prospects

Realtek Semiconductor has expressed caution about its operations in the fourth quarter as the network IC specialist reported sequential revenue and profit decreases for the third quarter......»»

Category: itSource:  digitimesRelated NewsOct 31st, 2022

How to Improve Efficiency for Your Startup Company and Maximize Profits

Starting a business might be the best decision you’ve ever made, especially when you consider the benefits of creating a cash flow that can outlive you. The essence of creating a business is to make a profit while meeting specific needs. Howeve.....»»

Category: topSource:  marketingvoxRelated NewsOct 30th, 2022

Apple resists tech industry slide thanks to strong Mac sales

Apple's revenue for the most recent quarter was up 8.1% year-over-year to $90.15 billion, beating estimates of $88.9 billion. Net profit was $1.29 a share, higher than the average analyst estimate of $1.27 a share......»»

Category: topSource:  techspotRelated NewsOct 29th, 2022

Samsung 3Q22 operating profit down 31% YoY but foundry hits record high

Samsung Electronics announced its 3Q22 financial results on October 27, showing that sales managed to edge up 3.8% to KRW78 trillion, but operating profit declined by 31.4% from a year ago......»»

Category: itSource:  digitimesRelated NewsOct 28th, 2022

Intel pledges more cost cuts as sales forecast misses estimates

Intel shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and profit and obstructing its turnaround efforts......»»

Category: itSource:  digitimesRelated NewsOct 28th, 2022

The Year"s biggest winners in solar sector don"t make panels

Producers of raw materials for the solar sector are the key beneficiaries of rising demand this year, outpacing profit growth posted by the largest panel manufacturers......»»

Category: itSource:  digitimesRelated NewsOct 28th, 2022

Asbury sets net income record in Q3, but same-store profit, revenue down

Asbury Automotive Group estimates Hurricane Ian cost it 14 cents worth of earnings per diluted share in the third quarter of 2022......»»

Category: topSource:  autonewsRelated NewsOct 27th, 2022

Meta: Shares in Facebook owner dive 20% as investors lose faith

Shares in Meta drop more than 20% after the firm sees sharp falls in revenue and profit......»»

Category: hdrSource:  bbcRelated NewsOct 27th, 2022

Samsung 3Q22 operating profit down 31% YoY but foundry hits record

Samsung Electronics announced its 3Q22 financial results on October 27, showing that sales managed to edge up 3.8% to KRW78 trillion, but operating profit declined by 31.4% from a year ago......»»

Category: itSource:  digitimesRelated NewsOct 27th, 2022