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Foxconn raises 2022 sales outlook

Hon Hai Precision Industry (Foxconn) revised its sales outlook this year to an on-year increase despite excess inventories held by its customers......»»

Category: itSource:  digitimesAug 11th, 2022

Suppliers scramble to avoid low factory utilization amid rocky EV transition

The uneven ramp-up of electric vehicle production and flattening EV sales growth in North America have left suppliers scrambling to make sure they're not left with significantly underutilized factories, supplier executives said......»»

Category: topSource:  autonewsRelated News16 min. ago

NASA may alter Artemis III to have Starship and Orion dock in low-Earth orbit

If it were to happen, a revised Artemis III mission could echo Apollo 9. Enlarge / This image taken by NASA's Orion spacecraft shows its view just before the vehicle flew behind the Moon in 2022. (credit: NASA) Although.....»»

Category: topSource:  arstechnicaRelated News3 hr. 15 min. ago

Nissan cuts profit and sales outlook on sliding volume, overly optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated News8 hr. 15 min. ago

Struggling Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated News9 hr. 15 min. ago

Boeing says it will cut SLS workforce “due to external factors”

"Boeing is reviewing and adjusting current staffing levels." Enlarge / The SLS rocket is seen on its launch pad at Kennedy Space Center in August 2022. (credit: Trevor Mahlmann) On Thursday senior Boeing officials leadin.....»»

Category: topSource:  arstechnicaRelated News12 hr. 43 min. ago

Unraveling the mysteries of consecutive atmospheric river events

In California's 2022-2023 winter season, the state faced nine atmospheric rivers (ARs) that led to extreme flooding, landslides, and power outages—the longest duration of continuous AR conditions in the past 70 years. Scientists at Lawrence Berkele.....»»

Category: topSource:  pcmagRelated News20 hr. 15 min. ago

OpenAI winds down AI image generator that blew minds and forged friendships in 2022

How a group of friends found themselves at the center of a fierce debate about the future of art. Enlarge / An AI-generated image from DALL-E 2 created with the prompt "A painting by Grant Wood of an astronaut couple, american go.....»»

Category: topSource:  arstechnicaRelated NewsApr 18th, 2024

Bosch flags further cost cuts after giving "subdued" outlook for 2024

Bosch said cuts were necessary to make sure it remains competitive in an environment where most of its big peers, including Continental and ZF, have all announced job cuts......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Tesla asks shareholders to approve Texas move and restore Elon Musk’s $56B pay

Tesla board calls June 13 shareholder vote on Musk's pay and move to Texas. Enlarge / Tesla CEO Elon Musk at an opening event for Tesla's Gigafactory on March 22, 2022, in Gruenheide, southeast of Berlin. (credit: Getty Images |.....»»

Category: topSource:  arstechnicaRelated NewsApr 17th, 2024

5 reasons Elon Musk is cutting jobs at Tesla ahead of Q1 earnings

"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk said. Tesla reports earnings April 23 after global sales fell 8.5 percent last quarter on weak demand......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Tesla"s global job cuts include leading markets U.S., China

Tesla cuts jobs in U.S. and China amid falling sales. The layoffs affect sales and service positions. .....»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Stellantis’ $39 million pay for CEO Carlos Tavares draws investor ire amid job cuts

At Tuesday’s annual general meeting, advisory firms Glass Lewis and Proxinvest are urging investors to vote against approving the €36.5 million ($39 million) total compensation package, up almost 60 percent from 2022 levels......»»

Category: topSource:  autonewsRelated NewsApr 16th, 2024

Largest gamma-radiation burst ever recorded spills its secrets

Back in October of 2022, astronomers around the world were baffled and awed by the largest gamma-radiation burst we’ve ever recorded. The burst was so … The post Largest gamma-radiation burst ever recorded spills its secrets appeared first on.....»»

Category: gadgetSource:  bgrRelated NewsApr 16th, 2024

Morgan Stanley fires back at iPhone doomsday research

One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»

Category: appleSource:  appleinsiderRelated NewsApr 16th, 2024

Japan to seek up to 20% fine for monopolistic practices by Apple

Japan is poised to dramatically increase the penalties for tech giants accused of monopolistic practices like Apple.New Japanese laws could slap Apple with up to 20% sales penaltyIn an extensive global effort to limit the power of major technology co.....»»

Category: appleSource:  appleinsiderRelated NewsApr 16th, 2024

Jeep on a mission to reverse U.S. slide under new CEO Antonio Filosa

Antonio Filosa, who succeeded Christian Meunier in November, said he sees Jeep recovering the volume it has lost since 2018 while doubling its global sales to 2 million......»»

Category: topSource:  autonewsRelated NewsApr 15th, 2024

The brightest gamma ray burst ever seen came from a collapsing star

After a journey lasting about two billion years, photons from an extremely energetic gamma-ray burst (GRB) struck the sensors on the Neil Gehrels Swift Observatory and the Fermi Gamma-Ray Space Telescope on October 9th, 2022. The GRB lasted seven min.....»»

Category: topSource:  physorgRelated NewsApr 15th, 2024

Tesla to lay off more than 10 percent of its workers as sales slow

"Cost reductions and increased productivity" needed, says Musk. Enlarge / Tesla's Shanghai factory in 2023. (credit: VCG/VCG via Getty Images) Times are starting to get tough for Tesla. The electric vehicle automaker ha.....»»

Category: topSource:  arstechnicaRelated NewsApr 15th, 2024

Study Python and C++, and 64-bit IDE for life for $52

Get a discounted coding course bundle plus a license to Microsoft Visual Studio for $51.99 with code ENJOY20. TL;DR: Through April 16, save on Microsoft Visual Studio Professional 2022 along with courses on Python, C++, and ChatGPT, all for $51.....»»

Category: topSource:  pcmagRelated NewsApr 15th, 2024

Learn to code with this heavily discounted course bundle

The Microsoft Visual Studio Professional 2022 and 2024 Premium Learn to Code Certification Bundle is on sale for £40.98 with the code ENJOY20. TL;DR: The Microsoft Visual Studio Professional 2022 and 2024 Premium Learn to Code Certification Bu.....»»

Category: topSource:  pcmagRelated NewsApr 15th, 2024