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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

Cardiologist charged for use and sale of ransomware

The US Attorney’s Office is charging a Venezuelan cardiologist with attempted computer intrusions and conspiracy to commit computer intrusions. The charges stem from his use and sale of ransomware, as well as his extensive support of, and profit sh.....»»

Category: securitySource:  netsecurityRelated NewsMay 17th, 2022

Software Freedom Conservancy Wins Big Step Forward For Open-Source Rights

An anonymous reader quotes a report from ZDNet: The Software Freedom Conservancy (SFC), a non-profit organization that promotes open-source software and defends the free software General Public License (GPL), recently sued major TV vendor Vizio for a.....»»

Category: topSource:  slashdotRelated NewsMay 17th, 2022

Nissan is ready to start growing again after first profit in two years

Nissan COO Ashwani Gupta says the carmaker is ready to turbocharge its turnaround, possibly build a new U.S. plant and adopt a build-to-order mindset for more efficient retail sales......»»

Category: topSource:  autonewsRelated NewsMay 16th, 2022

Hiwin 1Q22 net profit hits 14-quarter high

Mechanical motion control component maker Hiwin Technologies has reported net profit of NT$1.367 billion (US$46.3 million) for first-quarter 2022, the highest quarterly level since fourth-quarter 2018......»»

Category: itSource:  digitimesRelated NewsMay 16th, 2022

Egis Technology strives to return to profit

Fingerprint sensor IC design house Egis Technology is making efforts trying to return to operating profits, according to the company......»»

Category: itSource:  digitimesRelated NewsMay 16th, 2022

Facing High Demand, Texas Asks 26 Million to Use Less Electricity This Weekend

Friday a heat wave hit Texas — prompting the non-profit that manages power for Texas's 26 million customers to...ask them to use less of it. "The Electric Reliability Council of Texas (ERCOT) made the appeal in a statement Friday, saying that.....»»

Category: topSource:  slashdotRelated NewsMay 15th, 2022

Honda posts higher-than-expected annual profit but warns of headwinds

Automakers such as Honda have been forced to slash production due a shortage of microchips and now face an increase in costs amid China's COVID-19 curbs and the war in Ukraine......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2022

Laster 1Q22 operating profit drop sharply

LED automotive lighting module maker Laster Tech has disclosed its first-quarter 2022 operating profit reached NT$6.2 million (US$210,500), decreasing 83.67% sequentially and 85.88% year-on-year......»»

Category: itSource:  digitimesRelated NewsMay 13th, 2022

PWM IC firm uPI posts profit surge in 1Q22

Taiwan-based uPI Semiconductor, an Asustek Computer affiliate specializing in power management ICs, saw its net profits surge 135% on year to NT$401 million (US$13.4 million) in the first quarter of 2022. EPS for the quarter came to NT$5.20......»»

Category: itSource:  digitimesRelated NewsMay 13th, 2022

BMW expects new EVs to match internal combustion-engine cars on profit

BMW is also targeting cost savings of 30 percent with the Neue Klasse platform’s new cylindrical cell format, which is similar in design to that used by Tesla......»»

Category: topSource:  autonewsRelated NewsMay 12th, 2022

Nissan is back in the black, but still only at "starting line"

Nissan has returned to full-year profit for the first time in three years and the advance brings Nissan closer to achieving CEO Makoto Uchida’s goal of delivering a sustainable 5 percent operating profit margin......»»

Category: topSource:  autonewsRelated NewsMay 12th, 2022

Toyota breaks profit records as it shrugs off pandemic, semiconductor shortage

Toyota recorded all-time highs for revenue, operating profit and net income as global group sales advanced 7.6 percent to 8.23 million vehicles in its latest fiscal year......»»

Category: topSource:  autonewsRelated NewsMay 11th, 2022

Epistar expects May shipments to be affected by China lockdowns

LED epitaxial wafer and chip maker Epistar expects its shipments in May to be impacted by COVID lockdowns in China, but shipments will return to be normal in June, according to the company......»»

Category: itSource:  digitimesRelated NewsMay 9th, 2022

SimSpace collaborates with ACSC to provide cyber range exercises for organizations

SimSpace announced that the company is partnering with the Advanced Cyber Security Center (ACSC), New England’s non-profit committed to advancing collaborative defense for its members, to provide advanced cyber range exercises for cyber defenders t.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2022

Adata, Transcend post profit increases in 1Q22

Memory module maker Adata Technology saw its net profits hike over 700% on year in the first quarter of 2022, while earnings at fellow company Transcend Information climbed nearly 60% from a year earlier, thanks mainly to their efficient chip purchas.....»»

Category: itSource:  digitimesRelated NewsMay 6th, 2022

HannStar Display posts net loss for 1Q22

LCD panel maker HannStar Display has posted consolidated revenues of NT$4.956 billion (US$171 million), gross margin of 15.09%, operating profit of NT$294.3 million, and net loss of NT$428.8 million for first-quarter 2022......»»

Category: itSource:  digitimesRelated NewsMay 6th, 2022

Bentley Q1 earnings soar despite vehicles lost at sea, China delays

LONDON — Bentley's first-quarter operating profit jumped 162 percent versus the same period last year, as soaring vehicle prices offset the loss of some vehicles at sea and pandemic-related delivery problems in China. The Volkswagen Group unit sai.....»»

Category: autoSource:  autonewsRelated NewsMay 6th, 2022

CATL to hike prices in Q2

Chinese battery maker has almost completed negotiations with customers on price changes and will gradually implement such adjustments in the second quarter, padding gross profit margins......»»

Category: autoSource:  autonewsRelated NewsMay 6th, 2022

Cars.com posts lower profit, higher revenue in Q1

Dealership technology company Cars.com reported 19,500 dealership customers as of March 31, the highest count in more than three years, CEO Alex Vetter said......»»

Category: autoSource:  autonewsRelated NewsMay 6th, 2022

Diode maker Eris optimistic about 2Q22

Taiwan-based Eris Technology has reported record-high April revenue thanks to automotive and industrial control applications, and it anticipates continued profit growth in the second quarter......»»

Category: itSource:  digitimesRelated NewsMay 5th, 2022