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......»»
HannStar Display posts small profit for 2Q22
LCD panel supplier HannStar Display reported net profits of NT$19 million (US$0.6 million) for the second quarter of 2022 but remained unprofitable for the year's first half......»»
Lamborghini generates record first-half results as it prepares for Europe"s energy crunch
The supercar brand's profit rose 70 percent as demand from wealthy customers boomed......»»
Samsung Display sees profit, LG Display reports loss in 2Q22
South Korean panel maker Samsung Dispaly (SDC) generated operating profit of nearly KRW1,100 billion (US$842 million) on consolidated revenues of KRW7,700 billion in second-quarter 2022, while fellow maker LG Display (LGD) suffered operating loss of.....»»
Toyota supplier Denso"s Q1 profit tumbles 41% despite higher revenue
Denso adjusted its estimate of vehicle production to a 10 percent shortfall for each of quarter from the second quarter onward, CFO Yasushi Matsui said......»»
Primax Electronics eyeing 2-digit revenue and profit gains for Q3 2022
Taiwan's Primax Electronics, dedicated to human-machine interface products, automotive electronics and industrial IoT solutions, expects to score double-digit revenue and profit gains in Q3 2022 after ending Q2 with impressive results......»»
Volkswagen reported EUR 13.2 billion operating profit in 1H22, increasing 27% BEV deliveries
Despite the headwinds across the automotive industry, Volkswagen Group saw a more than 10% increase in 1H22 operating profits from last year. CFO Arno Antlitz said the environment and competition in 2H22 and 2023 are expected to become more intense,.....»»
Diode makers put focus on automotive, industrial application
Most Taiwan-based power diode makers are striving to ramp up their sales for automotive and industrial control applications to sustain revenue and profit growth, according to industry sources......»»
Apple"s profit declines nearly 11%
Even the world's most valuable tech company isn't immune to the more challenging global economic climate......»»
Apple"s Q3 2022 Winners And Losers
While the tech industry may be struggling to turn a profit, that same challenge doesn't seem to have been a problem for Apple based on its Q3 results. While the tech.....»»
Shares of Mitsubishi Motors surge after big quarterly earnings jump
Mitsubishi said operating profit for the April-June quarter totaled 30.8 billion yen ($227 million), a 190 percent increase on the same period a year earlier......»»
VW sees robust outlook despite 28% drop in Q2 profit
The automaker expects its product mix to normalize in the second half as chip supply improves and the company benefits from a strong order backlog......»»
Taiwan IC design houses facing notable profit falls in 2H22
Most IC design houses in Taiwan are expected to see their profitability weaken notably in the second half of the year as they can hardly pass part of foundry cost increases onto downstream customers amid sluggish terminal market sales, according to i.....»»
Porsche thinks it can make more profit selling EVs
Porsche is ahead of Ferrari and Aston Martin when it comes to electrifying its lineup but behind Tesla......»»
Strong PCB demand for servers, network devices to buoy GCE in 2H22
Strong demand for high-end servers and network devices will be buoying the sales and profit performance of Taiwan-based Gold Circuit Electronics (GCE), which specializes in high-layer-count PCBs, according to market sources......»»
Tesla Q2 profits rise on price hikes
Tesla reported second quarter net income was $2.26 billion, up from $1.14 billion a year earlier. The automaker also reported a rise in quarterly profit......»»
Lithia"s Q2 net income rises despite drop in new-vehicle sales
Despite a decline in new-vehicle sales, Lithia Motors Inc.'s second-quarter net income increased thanks to higher used-vehicle sales and double-digit percentage gains in gross profit per new vehicle, finance and insurance revenue and climbing average.....»»
Volvo sees flat or lower retail sales this year
Quarterly profit rose to 10.8 billion Swedish crowns ($1.06 billion), helped by the listing of EV subsidiary Polestar......»»
Apple pay raises are a pay cut after inflation, says union representing UK store workers
A union representing some UK retail store staff says that Apple pay raises awarded recently actually amount to a pay cut after inflation is factored in. The union noted that Apple’s revenue and profit both rose dramatically last year and also poin.....»»
Falling DDI prices to erode suppliers" profitability in 2H22
Display driver IC prices have come under further downward pressure, making it more difficult for chip suppliers to maintain profit growth in the second half of this year, according to industry sources......»»
How to talk about climate change: Highlight harms, not benefits, to alter behavior
Climate change is slowly, but drastically, influencing how we live, work and play. Governments, as well as for-profit and non-profit organizations, are now seeking ways to limit the effects of human actions on the planet. In many parts of the world,.....»»