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......»»
US public water supply is a local source of phosphorus pollution, finds study
In the United States, public water systems are sometimes dosed with phosphate to reduce copper levels and lead pipe corrosion. This practice can help avert humanitarian disasters like the Flint water crisis, but because phosphorus can contribute to e.....»»
Compal cautious about notebook shipment prospects
Compal Electronics is cautious about notebook shipment prospects this year due to market uncertainty, according to company president Martin Wong......»»
Inventec upbeat about business prospects for 2023
ODM Inventec has expressed confidence in its business prospects for 2023, citing increased notebook, server, and smart device product line sales......»»
LED sensor providers Tyntek, TASC conservative about 1H23
LED chip and sensor suppliers Tyntek and Taiwan-Asia Semiconductor (TASC) are conservative about their prospects for the first half of 2023 due to sluggish demand from the consumer electronics sector, according to industry sources......»»
DFI optimistic about market prospects for 2023
Taiwan-based industrial motherboard and computing device maker DFI is optimistic about its market outlook for the year, predicting that revenue will increase quarter by quarter......»»
Compeq cautious about 1H23 prospects
PCB manufacturer Compeq Manufacturing, which saw its revenue and profits hit record highs in 2022, is cautious about its business outlook for the first half of 2023......»»
Quanta, Compal remain conservative about notebook shipments
ODMs Quanta Computer and Compal Electronics remain cautious about their near-term shipment prospects, as the notebook market is still in the doldrums......»»
Weltrend upbeat about demand prospects in 2H23
Weltrend Semiconductor, specializing in USB power delivery (PD) controller chips, expects demand for its PD chips and other power management ICs (PMIC) to pick up in the second half of 2023, according to company president Tony Lin......»»
Wistron cautious about server shipment prospects
Wistron has become wary of server shipment prospects this year but has expressed optimism about notebook shipments in the second half......»»
NASA confirms success of Artemis I moon mission
NASA is clearly feeling positive about the prospects for the Artemis II lunar flight and its plan to launch the crewed mission next year......»»
IDMs upbeat about market prospects for automotive chips
Despite automotive chip customer pull-in momentum reportedly weakening, IDMs in the US and Europe are still highly optimistic about market prospects for the chip segment whose supply and demand imbalance has improved significantly. However, tight sup.....»»
As bird flu surges in Europe, race is on to stop the spread
With tens of millions of poultry culled every year to contain avian influenza, scientists are rushing to find new ways to protect flocks from infection and avert a human pandemic. Researchers are learning important lessons about how bird flu spreads.....»»
Down with work: How reducing hours in the workplace could help avert a climate catastrophe
Working and producing less to reduce humanity's carbon footprint is part of a growing movement towards a "degrowth" economy......»»
Carvana backs Illinois bill to codify home vehicle delivery, e-signatures
The embattled retailer is supporting Illinois S.B. 1896, a bill introduced Feb. 9. If passed, it would amend the Illinois Vehicle Code to add specific language pertaining to home vehicle delivery and electronic signatures......»»
Carvana debt bills come due with business "firmly in retreat;" shares plunge
The quarterly loss reported Thursday caps a disastrous year in which Carvana’s stock plummeted 98 percent, erasing almost almost $37 billion of market capitalization. Shares plunged nearly 20 percent in morning trading......»»
Carvana net loss widens to $806 million in Q4
The company's growing tide of red ink caps off a year of inflationary pressures, rising interest rates, reductions in profit per vehicle and fluctuations in consumers' used-vehicle demand. .....»»
HP, Dell to see PC shipments stay flat or increase in 2023
Despite chipmakers being cautious about PC shipment prospects for 2023, industry sources say PC vendors such as Hewlett-Packard (HP) and Dell are confident their shipments will remain flat or even grow this year......»»
Carvana stock gets slight respite ahead of Q4 earnings, but uncertainty remains
Carvana Co. is set to release fourth-quarter and full-year 2022 results Thursday. Analysts say investors are feeling a bit more optimistic that the online used-vehicle retailer can avoid bankruptcy......»»
China AI chip vendor Cambricon faces operating hurdles
China's major AI chip developer Cambricon Technologies, which was just blacklisted by the US in December 2022, is seeing its operation prospects further dimmed by serious losses and major shareholders trimming stakes. In the field of AI chips that ur.....»»
Holtek cautious about sales prospects for 2023
Based on its current inventory of five to six months, MCU specialist Holtek Semiconductor is cautious about its business prospects for 2023......»»