Micron Q4 sales slump amid weakened demand and forecasts dim FY23 Q1 outlook
Micron Technology announced record sales of US$30.8 billion for the entire fiscal 2022, which ended September 1, 2022. However, Q4 sales declined 23% quarter-on-quarter and 21% year-on-year to US$6.6 billion, due to a weakened near-term supply-demand.....»»
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......»»
Rivian cuts more jobs with woes mounting for electric vehicle market
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»
On-demand nutrient production system for long-duration space missions
When astronauts embark on long space missions, they'll need to grow their own food because pre-packaged meals from Earth lose their nutritional value over time. The BioNutrients project at Ames Research Center's Space Biosciences Division has solved.....»»
IT and security professionals demand more workplace flexibility
The concept of Everywhere Work is now much broader, encompassing where, when, and how professionals get their work done — and flexibility has become a key workplace priority, according to Ivanti. Ivanti surveyed over 7,700 executive leaders, IT and.....»»
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......»»
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. .....»»
Analyzing isotopes for nitrate in sake for combating beverage fraud in Japan
The demand for sake, a Japanese alcoholic drink, has increased globally. However, the rise in the popularity of sake has the potential for related beverage fraud. To address this issue, researchers from Japan have identified a novel method to authent.....»»
Study finds patterns of crop-specific fertilizer-nitrogen losses, opportunities for sustainable mitigation
Nitrogen fertilizers play an essential role in ensuring global food security. However, the applied fertilizer-nitrogen, particularly that exceeding crop demand and soil N retention capacity, can potentially escape into the environment and lead to a v.....»»
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.....»»
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.....»»
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......»»
iPhone market share dropped 9.6% this year; Samsung retakes lead
Global iPhone market share dropped 9.6% year-on-year in the first quarter of the year, enabling Samsung to retake the smartphone lead despite failing to increase its own shipments. Apple saw the biggest slump of any brand, at a time when the globa.....»»
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.....»»
Kia joins hybrid shift amid "fluctuation" in "uneven" EV demand
Kia says it will expand its lineup of gasoline-electric hybrid vehicle offerings to nine models in 2028 and add hybrid options on most of its major nameplates......»»
iPhone sales drop 10% as Samsung steadies and Chinese rivals grow
New figures show that Apple's global iPhone sales declined by over five million in the first quarter of 2024, compared to the same time in 2023.Apple's iPhone 15 Pro (left) and Samsung's Galaxy S24In March, it was reported that Apple had cut its iPho.....»»
Column: When counting auto sales becomes almost as hard as autonomy
Mercedes-Benz USA is the latest automaker to buck traditional sales reporting, making the nation's retail market even more opaque......»»
Buick hopes design equates to sales boom
When the redesigned Enclave large crossover goes on sale this year, all four of the General Motors premium crossover brand's nameplates will have been introduced or updated within the last 18 months......»»
Research finds dairy farmers receptive to methane-reducing seaweed feed
New England's dairy industry continues to evolve in response to significant market challenges that include a decreased demand for milk and higher production and land costs. However, there is also ongoing evidence that organic dairy farming can provid.....»»
BMW kicks off 2024 atop U.S. luxury sales leader board
Mercedes-Benz now reports wholesales results, saying they align better with financial statements.....»»
Piracy Shield: Influential Consumer Union Attempts to Break AGCOM’s Silence
Telecoms regulator AGCOM has either downplayed, dismissed, or flat-out ignored even the most constructive criticism concerning the Piracy Shield system. How AGCOM will handle a demand for information filed by the National Consumers Union (UNC) remain.....»»