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Foxconn sees November revenue fall 29%

Foxconn Electronics (Hon Hai Precision Industry) has disclosed that November revenue fell 29.04% sequentially to NT$551.09 billion (US$18.186 billion), which came within expectations......»»

Category: itSource:  digitimesDec 6th, 2022

GM Q4 net income rises 15% to $2 billion; revenue surged 28% to $43.1 billion

GM's adjusted profit in North America soared 69 percent in the quarter to $3.7 billion......»»

Category: topSource:  autonewsRelated News6 hr. 9 min. ago

Samsung"s operating profit drops 70%, sales for foundry service breaks record

Due to a weak economy that leads to low demand for electronics, Samsung Electronics posted a sharp fall in its operating profit and expects the business environment to improve in the second half of 2023......»»

Category: itSource:  digitimesRelated News13 hr. 37 min. ago

Taiwan sees 15-year high inbound investment in 2022

The Taiwanese government approved 2,566 investment projects proposed by foreign (excluding China-based) and overseas Chinese enterprises in 2022, with the total investment of US$13.303 billion hiking 77.94% on year, reaching a 15-year height, accordi.....»»

Category: itSource:  digitimesRelated News16 hr. 9 min. ago

Twitter now wants to become a payments platform to compete with Apple Pay and PayPal

Since Elon Musk became the owner of Twitter, the company has been looking for new ways to increase its revenue. But now it seems that Musk is about to take a step that will take the company’s services far beyond just a social network, as he’s in.....»»

Category: topSource:  marketingvoxRelated News20 hr. 9 min. ago

Things for iPhone, iPad, Mac gets Apple Shortcuts boost with 9 new actions

Award-winning productivity app Things is out with a valuable update today for iPhone, iPad, Mac, and Apple Watch. The latest release sees an Apple Shortcuts upgrade that brings a lot more power and efficiency to the app. more… The post Things for.....»»

Category: topSource:  theglobeandmailRelated NewsJan 30th, 2023

iPhone 14’s Emergency SOS via satellite feature touted as a ‘game changer’ by search and rescue teams

Apple debuted its new Emergency SOS via satellite feature for iPhone 14 users back in November, and we’ve already seen multiple stories about the feature being used in the real world. A new story out of Canada today offers another example of Emerg.....»»

Category: topSource:  theglobeandmailRelated NewsJan 30th, 2023

Intel just took the worst beating in earnings in over a decade

Intel's fourth quarter in 2022 encompassing the holiday season was the worst in the company's history, as it reported a 32% drop in revenue since the holiday quarter of 2021.Intel posts loss for 2022The company shared its results for the fourth quart.....»»

Category: appleSource:  appleinsiderRelated NewsJan 30th, 2023

Does failing to detect aliens mean we"ll never be contacted?

In a recent paper submitted to The Astronomical Journal in November 2022, a scientist at the Swiss Federal Institute of Technology Lausanne quantifies how the Earth has not heard a radio signal from an extraterrestrial technological civilization sinc.....»»

Category: topSource:  physorgRelated NewsJan 30th, 2023

Foxconn taps former Nissan, Nidec exec Seki for EV business

Former Nissan and Nidec executive Jun Seki will become chief strategy officer at Foxconn's EV unit......»»

Category: topSource:  autonewsRelated NewsJan 30th, 2023

This tiny sensor is about to change your phone camera forever

A tiny sensor may soon change the way your phone camera sees color — resulting in more accurate reproduction and skin tones. And it looks mighty impressive......»»

Category: topSource:  digitaltrendsRelated NewsJan 30th, 2023

HBO’s The Last of Us tries a little tenderness in a surprising episode 3

Kyle and Andrew fall in love with Nick Offerman's Bill and his dystopian love story. Enlarge / Paranoid survivalist is the part Nick Offerman was born to play. New episodes of The Last of Us are premiering on HBO every.....»»

Category: topSource:  pcmagRelated NewsJan 30th, 2023

Realtek sees 2023 as another growth year

Despite caution about its sales performance in the first quarter of this year, Realtek Semiconductor believes 2023 will be another year of growth......»»

Category: itSource:  digitimesRelated NewsJan 30th, 2023

Tesla sees 2024 as "a major year of 4680 cell production"

Tesla announced on Jan 24 that it is investing US$3.6 billion to expand production facilities and capacity in Nevada, USA. The new factories will be tasked to produce in-house 4680 battery cells and Tesla semi-trucks......»»

Category: itSource:  digitimesRelated NewsJan 30th, 2023

Appier on ChatGPT: Large model means adjustments are still difficult

Appier believes that ChatGPT, the AI chatbot that has been widely discussed since its launch at the end of November 2022, still has a long way to go for commercial applications. Making a massive AI model like this more portable and targeted will be a.....»»

Category: itSource:  digitimesRelated NewsJan 30th, 2023

Financial projections for electronic components go in two opposite directions

The smartphone market is shrinking while the demand for automotive and industrial application has increased. These two major trends will determine the FY2022 (2022/04-2023/03) revenue performance of Japanese electronic component manufacturers......»»

Category: itSource:  digitimesRelated NewsJan 30th, 2023

CDK"s "fit and focus" revamp strategy included some job cuts

The company's executives and new owner pursued targeted job cuts in late fall 2022 as part of its effort to address any downturn but also boost efficiency and innovation......»»

Category: topSource:  autonewsRelated NewsJan 27th, 2023

Gentex says Q4 net income rose 2.3% while revenue improved 18%

Automotive mirror supplier Gentex said its fourth-quarter net income rose 2.3 percent to $86.2 million as customers improved production from previous quarters......»»

Category: topSource:  autonewsRelated NewsJan 27th, 2023

GM, Ford must convince investors they can profit as prices fall

GM and Ford are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and crossovers......»»

Category: topSource:  autonewsRelated NewsJan 27th, 2023

Lithia CEO Bryan DeBoer says 100-150 more dealerships needed to hit revenue goal

Lithia, one the most active players in the buy-sell market, will need to acquire 100 to 150 more dealerships in the United States, and possibly elsewhere, between now and the end of 2025 to reach its goal, says CEO Bryan DeBoer......»»

Category: topSource:  autonewsRelated NewsJan 27th, 2023

Q4 2022 was a disaster for smartphone sales, sees the largest-ever drop

Phone sales plummeted 18 percent last quarter, 11 percent for the entire year. Enlarge / An empty Samsung Store. (credit: Samsung) With a million layoffs and rising inflation, it turns out consumers also aren't interes.....»»

Category: topSource:  arstechnicaRelated NewsJan 26th, 2023