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......»»
Meta"s stock falls 17% as its quarterly profit is cut in half
Meta on Wednesday posted the second quarterly revenue decline in its history since going public and warned that it is making "significant changes" aimed at cutting costs ahead of 2023, as it confronts an economic downturn that is hitting its core onl.....»»
GM posts 37.5% profit growth in 3Q22 while altering EV production target
General Motors saw record revenue and double-digit EBIT-adjusted margins in the third quarter, thanks mainly to production increase and robust pricing. However, the carmaker has dialed back its EV production goal due to the delay of the battery produ.....»»
China, Taiwan LED makers competing for mini LED backlighting of automotive displays
China-based Shenzhen Jufei Optoelectronics and Shenzhen Longli Technology as well as Taiwan-based Epistar and Everlight Electronics have been in active competition for orders for mini LED backlighting of automotive displays, according to industry sou.....»»
SK Hynix sees revenue and profit decrease in 3Q22
Memory chipmaker SK Hynix has reported sequential declines in revenue and operating profits for the third quarter of 20% and 61%, respectively......»»
Microsoft earnings hit by personal computing slowdown
Microsoft posted a double-digit profit decline in the three-month period ending in September as the company confronted a slowdown in the personal computing industry and a broader economic downturn......»»
GM Q3 net income jumps 37% on record revenue
Net income soared to $3.3 billion as improved truck production and rising prices pushed the automaker's North American profit up 83 percent......»»
Hyundai Q3 earnings drop amid rising prices, supply chain disruption
Operating profit was down 3.4 percent from a year earlier, while net income dropped 5.1 percent......»»
Apple commands smartwatch profit & Apple Watch Ultra will grow this lead
Investment bank JP Morgan says that on top of already dominant Apple Watch earnings, the Apple Watch Ultra could represent $10 billion more revenue from extreme sports users.JP Morgan's product availability tracker has recently reported strong demand.....»»
Terrifier 2 will scare you half to death, and might even make you faint or puke
Here’s one way for a filmmaker to secure a nice-sized profit at the box office in 2022, at a time when cinemas are still desperate to lure customers back into their cushy chairs to watch a movie away from the comforts of home: You can always ju.....»»
EVs expected to boost Chinese lithium product makers" 3Q22 profits
Two major lithium product makers in China are expected to enjoy significant profit growth in the third quarter of this year. Ganfeng Lithium Group and Tianqi Lithium Corporation both said EV and other segments supported by new energies are enhancing.....»»
IC inspection labs score record profits in 3Q22
Taiwan-based IC analysis and inspection labs including Materials Analysis Technology (MA-tek) and Integrated Service Technology (iST) and Materials have reported impressive profit results for the third quarter of 2022, buoyed by strong demand for new.....»»
Improved adaptation: Bacteria can profit from the genetic material of other bacteria
Bacteria can exchange genetic material among themselves—even across species. Rather than being passed on from ancestor to offspring, genetic information is exchanged among organisms living at the same time. By systematically characterizing the fitn.....»»
TSMC cuts capex outlook after record 3Q22 profit
TSMC has revised downward its capex target this year after posting record net profits for the third quarter......»»
Nanya cuts capex outlook after nearly 60% profit fall
DRAM maker Nanya Technology has revised downward its capex target this year after posting a nearly 60% sequential drop in net profits for the third quarter......»»
EV battery maker CATL sees up to 200% jump in profit
Contemporary Amperex Technology (CATL) expects its net income to surge to as much as CNY9.8 billion (US$1.4 billion) in the third quarter as the biggest maker of electric vehicle (EV) batteries benefits from strong sales to the automotive industry......»»
EV battery maker CATL sees up to 200 percent jump in profit
Contemporary Amperex Technology Co Ltd. expects its net income to surge to as much as $1.4 billion in the third quarter as the biggest maker of EV batteries benefits from strong sales......»»
Samsung profit sinks 32% as memory chip downturn worsens
Samsung Electronics reported its first profit drop since 2019, underscoring the depth of a global PC and memory chip downturn......»»
LandMark 2H22 performance bolstered by InP LD/PD shipments reportedly for new iPhones
Taiwan-based LandMark Optoelectronics, specializing in production of GaAs and InP epiwafers, is expected to score revenue and profit gains in the second half of the year from strong shipments for new iPhones and a surge in demand for optical communic.....»»
Epistar reportedly becomes exclusive supplier of miniLED chips for Meta
LED epitaxial wafer and chip maker Epistar has reportedly supplied COB (chip on board)-based miniLED chips used in VR head-mounted devices exclusively for Meta and has begun small-volume shipments, according to industry sources......»»
Google advocates circular economy accelerator that targets startups in Asia-Pacific and N America
Google has launched its first Google for Startups Accelerator: Circular Economy for startup teams and non-profit organizations in the Asia-Pacific and North American regions. Applications are available until November 14. The project is set to begin i.....»»