Key creditors in pact to avert brawl as Carvana"s prospects dim
Some of Carvana largest creditors have signed a pact binding them to act together in negotiations with the company, a move meant to prevent the kind of nasty creditor fights that have complicated other debt restructurings......»»
Researchers call for systemic changes to improve career prospects of young people with disabilities
A deeper level and different kind of coordination, collaboration, and cooperation are needed to narrow the gap in employment opportunities between youth and young adults with and without disabilities. A collection of research articles in the latest s.....»»
Chipmakers see replenishment demand for gaming devices
Although most Taiwan-based IC design houses are conservative about their business prospects for the second half of 2023, they have landed rush chip orders for gaming device applications, according to industry sources......»»
IC design houses have diverse perspectives on China demand
While smartphone-related IC design houses continue to see sluggish demand from China and are generally bleak about market prospects for the rest of the year, other chip suppliers hold different perspectives......»»
MOSFET suppliers cautious about 2Q23
MOSFET suppliers continue to experience excess inventory throughout the PC and handset industry supply chains, and their near-term business prospects remain uncertain, according to industry sources......»»
DDI suppliers positive about 2Q23 performance
Display driver IC (DDI) suppliers are generally optimistic about their second-quarter prospects, citing an increase in replenishment demand and an improvement in customer inventory levels, according to industry sources......»»
Carvana gifts AI-generated video histories to car-owning customers
Each “Joyride” video relates the unique origin story of how an owner “met” their car......»»
Zhen Ding cautious about 1H23 business prospects
PCB and IC substrate manufacturer Zhen Ding Technology has expressed caution about its business prospects for the first half of this year, citing ongoing inventory adjustments throughout the consumer electronics industry supply chain......»»
VIA Labs uncertain about 2H23 demand prospects
VIA Labs, a subsidiary of VIA Technologies specializing in high-speed transmission chips, has expressed uncertainty regarding the demand outlook for the second half of this year......»»
DDI firm Fitipower cautious about 2H23 market prospects
Fitipower Integrated Technology, a Foxconn Group affiliate specializing in display driver ICs (DDI), has expressed caution about its market prospects for the second half of 2023......»»
Carvana posts smaller Q1 net loss; shares surge 34%
The online used-vehicle retailer reported a net loss of $286 million for the quarter ended March 31, smaller than its loss of $506 million in the year-earlier period. Revenue fell 25 percent to $2.6 billion......»»
Carvana posts smaller Q1 net loss; revenue falls 25%
The online used-vehicle retailer reported a net loss of $286 million for the quarter ended March 31, smaller than its loss of $506 million in the year-earlier period. Revenue fell 25 percent to $2.6 billion......»»
Carvana posts smaller Q1 net loss; revenue falls 25 percent
The online used-vehicle retailer reported a net loss of $286 million for the quarter ended March 31, smaller than its loss of $506 million in the year-ago period. Revenue fell 25 percent to $2.6 billion......»»
Tribe signs pact with California to work together on efforts to save endangered salmon
A California tribe has signed agreements with state and federal agencies to work together on efforts to return endangered Chinook salmon to their traditional spawning areas upstream of Shasta Dam, a deal that could advance the long-standing goal of t.....»»
Carvana Q1 earnings preview: Retailer expects smaller adjusted loss than year ago
The company expects its used-vehicle volume to land between 76,000 and 79,000 vehicles in the three months ending March 31, down about a quarter from a year earlier, according to a preliminary estimate it provided in a March 22 regulatory filing......»»
Carvana"s creditors offer to swap debt for equity, defer payment
Creditors holding about 90 percent of Carvana Co.'s bonds have been pitching the beleaguered used-car company on ways to pare down debt and improve liquidity, including a proposal for a debt-for-equity swap, according to people with knowledge of the.....»»
Samsung upbeat about smartphone sales prospects for 2023
Global handset shipments slipped around 11% on year to 65–67 million units in the first quarter of 2023, marking the lowest record for the same quarter in 10 years, but Samsung has bucked the trend with its shipments of Galaxy 23 series far hig.....»»
Flexium conservative about 1H23 prospects
Flexible PCB maker Flexium Interconnect is conservative about its business prospects for this year's first half, citing weak demand and high inflation in the post-pandemic era......»»
OSATs striving to cut wafer bank inventories
OSATs are striving to offload "wafer bank" inventories stored for customers, and are generally pessimistic about their sales prospects for the second and third quarters, according to industry sources......»»
Largan pessimistic about 2Q23 prospects
Smartphone lens module specialist Largan Precision has expressed caution about its sales prospects for the second quarter, citing the continued weakness of global smartphone sales......»»
FitTech cautious about 2023 demand prospects
LED probing, testing, and sorting equipment specialist FitTech has expressed caution about demand prospects this year, citing a slower-than-expected penetration rate for miniLEDs......»»