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......»»
Foundry PSMC cautious about 1Q23 outlook
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) has expressed caution about its sales prospects for the first quarter of 2023 when its overall fab utilization rate will come down to about 60%......»»
Carvana laying off more workers amid weak used car sales
Carvana will lay off more workers and take other measures such as reduced work hours as the used-car retailer contends with weak sales, reported on Friday......»»
Handset clients pessimistic about market prospects, says Largan
Lens module maker Largan Precision is conservative about its sales prospects for the first quarter of 2023 amid a gloomy outlook for the global handset market, according to company chairman and CEO Lin En-pin......»»
Michigan Carvana store agrees to surrender dealer license; online sales can continue
The Michigan Carvana outlet will surrender its license in lieu of state regulators taking further administrative action. Carvana can keep delivering vehicles purchased through its website to Michigan residents at its Michigan locations......»»
Canada and Mexico win auto rules trade disagreement with U.S.
Canada and Mexico have won their challenge to the U.S. interpretation of content rules for autos under the new North American trade pact; a decision that favors parts makers north and south of the U.S. border......»»
Why CarMax, Carvana and Vroom are sitting out the 2023 Super Bowl
Spokespersons for CarMax, Carvana and Vroom said there are currently no plans to air company advertisements during the game......»»
Metal halide perovskites for next-generation optoelectronics: Progress and prospects
Metal halide perovskites (MHPs) have been emerging as the rising star in the field of optoelectronics during the past decade. The state-of-the-art optoelectronic technologies based on MHPs, such as perovskite solar cells (PSCs), light emitting diodes.....»»
Server ODMs cautious about short-term demand
Server ODMs are generally cautious about their near-term demand prospects, as many US-based cloud service firms have significantly held back their spending, according to industry sources......»»
Qualcomm, MediaTek unlikely to launch 3nm mobile SoCs in 2023
MediaTek and Qualcomm will have to think more about whether to follow in the footsteps of Apple to have their mobile SoCs fabricated by TSMC using 3nm process technology in 2023, given the high production cost and still unclear sales prospects for An.....»»
Network, server chip demand dented by capex cuts at CSPs, telecom operators
Major US cloud service providers (CSP) are moving to postpone or adjust their datacenter expansion projects, while enterprises and telecom operators also continue capex cuts, clouding the prospects for network infrastructure construction and affectin.....»»
Tatung upbeat about 2023 prospects as it ventures into new energy
Tatung is confident about its business prospects in 2023 as its core businesses grow in scale, according to company president Wang Chin-lai. Tatung has ventured into electricity power and new energy industries beyond its previous focus on consumer el.....»»
Taiwan III-V IC suppliers see different market prospects for 2023
Taiwan's compound semiconductor foundry houses and epi-wafer suppliers show different views about when market demand will rebound in 2023, after seeing their shipments of handset-use GaAs power amplifier (PA) plunge on sluggish smartphone sales in mo.....»»
IPC firm Adlink sees clear order visibility for 4-6 months ahead
Industrial PC firm Adlink Technology has seen clear order visibility for four to six months ahead, with prospects to see its revenue post a double-digit growth in 2023, according to company CFO Jeff Chou......»»
Panel market remains cautious about 2023 prospects
The panel industry is going through its worst downturn in a decade, caused by a sharp decline in demand in a short period of time. With major losses in 2022 and ongoing global uncertainties, the industry expects market recovery to be slow in 2023......»»
OSATs cautious about demand prospects after Lunar New Year
Taiwan-based OSATs have expressed caution about demand prospects even after the Lunar New Year holiday in 2023, according to industry sources......»»
IC-design houses see brisk order visibility for automotive chips
Taiwan-based IC-design houses continue to see clear order visibility for automotive chips although prospects for other chips for mass-market applications remain dull......»»
Historic biodiversity pact inspires, but past failures loom
A day after negotiators reached a landmark biodiversity agreement, the pressure was already growing on countries, business leaders and the environmental community to deliver on its ambitious promises to protect the planet—and not repeat the failure.....»»
US lawmakers release huge spending bill before year-end deadline
US lawmakers have agreed to a $1.7 trillion funding bill and plan to ram the compromise legislation through the House and Senate this week to avert a Dec. 24 government shutdown......»»
Things to know about a landmark biodiversity agreement
After years of negotiations, the world has agreed a landmark deal to protect vanishing species and ecosystems, dubbed a "peace pact with nature" at the UN meeting in Montreal called COP15......»»
Carvana will be in fight of its life in pivotal 2023
Mounting financial losses, a plunging stock price, nervous creditors and regulatory roadblocks have online used-car giant Carvana on the ropes as it enters 2023. Here is where things stand......»»