SMIC expects 10-12% revenue drop in 1Q23
China-based pure-play foundry Semiconductor Manufacturing International (SMIC) expects to post a revenue decline of 10-12% sequentially in the first quarter of 2023, with gross margin falling further to 19-21%......»»
Solero Technologies, former BorgWarner controls unit, expands into Europe, EVs with acquisition
The acquisition of Kendrion's automotive business will double the company's annual revenue to about $500 million and open up new markets for the supplier......»»
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.....»»
The next wave of mobile threats
According to McAfee, apps, whether for communication, productivity, or gaming, are among the biggest threats to mobile security. Technavio expects the global mobile security software market to grow by $2.75 billion between 2020 and 2025, expanding at.....»»
EV prices drop up to 20% as new and used inventory surges
Inventory is growing, and prices are falling for new and used EVs. Enlarge (credit: Getty Images) Among the many things upended by the pandemic was the traditional American car-buying experience. Factories were idled to.....»»
CarMax Q4 net income falls 27% to $50M; revenue slips 1.7%
The company sold 172,057 retail used vehicles in its fiscal fourth quarter, up 1.3 percent from the year-earlier period. Same-store used-vehicle sales rose 0.1 percent......»»
BMW reveals new products, retail strategy at dealer meeting
BMW will use technology and data sharing with dealerships to improve the customer experience and drive loyalty and after-sales revenue......»»
Drones Statistics 2024 By Country-Wise Revenue Comparison And Top Manufacturers
Introduction Drones Statistics: In recent years, the drone industry […] Introduction Drones Statistics: In recent years, the drone industry has gained huge popularity across several consumer and industrial segments worldwide. Advanced.....»»
Group 1 Automotive bought at least 9 stores in 3 major deals in Q1
After reporting a sharp drop in net income in the fourth quarter of 2023, CEO Daryl Kenningham promised to be aggressive with acquisitions......»»
Monday’s best deals drop AirPods Pro 2 and Apple Watch SE 2 to $189 each, plus more
Now’s the time to upgrade to AirPods Pro 2 and its refreshed USB-C charging case. A $60 price cut lands at $189 to join these discounted Apple Watch SE 2nd Gen styles from $189. Plus, Belkin’s 15W BoostCharge Pro MagSafe pad now comes in two new.....»»
Visa warns dangerous new malware is attacking financial firms
JSOutProx is a banking trojan that can grab screenshots, drop other malware, and control device peripherals......»»
Beats Studio Pro at $200 headline today’s best deals, iPhone 14 from $542, more
Friday’s best deals are making some of our favorite headphones on the market more affordable, as the Beats Studio Pro drop to $200. Apple’s iPhone 14 now starts from $542 at Amazon, and you can also save on Sonos One Gen 2/SL smart speakers with.....»»
Save up to $350 with this Deal on the Galaxy Tab S8 Plus!
The Galaxy Tab S8 Plus is currently enjoying a price drop on Amazon at the moment. The post Save up to $350 with this Deal on the Galaxy Tab S8 Plus! appeared first on Phandroid. As far as premium tablets go, Samsung’s Galaxy Tab S-s.....»»
This secret Microsoft Edge feature changed the way I work
Tucked away in the Microsoft Edge sidebar is "Drop" a nifty feature that helps me transfer files between devices......»»
Canoo spent more on private jet than its revenue amid cash problems
Troubled electric vehicle startup Canoo spent twice as much as its revenue in 2023 on private jet usage for its CEO amid a capital shortage and waning EV demand......»»
AirPods 2 drop to $89 in Wednesday’s best Apple deals, HomePod 2 from $250, more
Wednesday’s best deals have AirPods 2 marked down to the best price of the year at $89 to go alongside Apple’s new HomePod 2, which starts from $250. Plus, you might as well try out Apple’s FineWoven MagSafe wallet at just $32. Hit the jump for.....»»
Amazon"s $89 AirPods deal delivers best price available
Amazon's fresh AirPods price drop delivers a $40 discount on the most affordable entry into Apple's AirPods line.Apple's entire AirPods line is on sale at Amazon.With Mother's Day fast approaching, Amazon's $89 AirPods 2 with Lightning Case promotion.....»»
Tesla back on top in global EV sales after BYD"s Q1 decline
BYD's 43 percent quarterly drop means Tesla took back the title of world's biggest EV seller with first-quarter deliveries of 386,810, a decline of 20 percent from the previous quarter. BYD sold 300,114 EVs in the first quarter......»»
Tesla deliveries drop 8.5 percent year over year in first decline since 2020
Tesla stock price continued its fall today and is down 33 percent in 2024. Enlarge (credit: Getty Images | SOPA Images) Tesla delivered 386,810 vehicles in the first quarter of 2024, an 8.5 percent drop compared to the f.....»»
A quarter of Apple"s revenue will come from Services by 2025
New research predicts that the success of the Apple One bundle will lead to Services accounting for more of Apple's revenue than any other category bar the iPhone.Apple Services are bundled in various tiers of Apple OneWhile analysts are concentratin.....»»
EV startup Canoo"s 2024 revenue forecast disappoints, shares tumble
The company reported a net loss of $302.6 million for the year ended Dec. 31, compared with losses of $487.7 million a year earlier......»»