UMC gross margin surges in 3Q21
Fully-utilized fabs boosted pure-play foundry United Microelectronics' (UMC) gross margin to a 20-year high of 36.8% in the third quarter of 2021......»»
Long-term changes in waves and storm surges have not impacted global coastlines, new study finds
Changes in ocean wave and storm conditions have not caused long-term impacts on sandy coastlines in the past 30 years, a new study has found......»»
Number of email-based phishing attacks surges 464%
The evolving cyberattack landscape reveals the increasing utilization of generative artificial intelligence (AI) systems, like ChatGPT, by cybercriminals for crafting malicious content and executing sophisticated attacks, according to Acronis. The bi.....»»
The 10 most popular summer movies of all time, ranked by box office gross
From Spielberg's deadly shark in Jaws to the MCU heroes in Avengers: Endgame, we rank the 10 most popular summer movies of all time by their box office gross......»»
Aquatic animals living closer to the edge when it comes to heat stress: Study
Amphipods have a much smaller safety margin to cope with warmer water in rivers than has been recognized previously. They also need to get used to warmer water gradually. This is shown by the research of Wilco Verberk of Radboud University and ecolog.....»»
U.S. consumer interest in EVs gains, but still trails other nations
Americans' willingness to buy EVs grew 15 percent, a margin higher than consumers from EV-leading countries, according to a study by EY......»»
Digital retail could hurt dealer F&I revenue
75 percent of vehicle gross profit at Tim Dahle Nissan Southtowne near Salt Lake City is generated from F&I sales......»»
World breaks average temperature record for early June: EU
Average global temperatures at the start of June were the warmest the European Union's climate monitoring unit has ever recorded for the period, trouncing previous records by a "substantial margin", it said on Thursday......»»
PMIC suppliers see pressure on gross margins
Power management IC (PMIC) suppliers are seeing pressure on their gross margins as a result of market price cuts, according to industry sources......»»
Foxlink to see revenue boost from offshore wind projects: shareholder meeting
Foxlink (or Cheng Uei Precision Industry) is looking at the same revenue numbers as 2022, but with better gross margin and gross profit. It is also increasing its non-China-based production to up to 20% in the coming three years, said Tai-Chiang "T.C.....»»
NHTSA proposes "safety milestone" rule requiring automatic emergency braking for new vehicles
If the proposal is adopted, nearly all U.S. passenger cars and light trucks — those with a gross vehicle weight rating of up to 10,000 pounds — would be required to have the crash-avoidance technology......»»
Ford secures multiple lithium deals to make 2 million EVs by 2026
Ford Motors announced several agreements with lithium companies on May 22, a step forward to support its EV ambitions. The carmaker also aims to achieve a margin of 8% of earnings before interest and taxes (EBIT) for its EV business segment by late 2.....»»
Some states hope to move climate-threatened species, but others say no way
North Carolina might need to move a snail. A tiny mollusk known as the magnificent ramshorn has long made its home in the state's freshwater coastal ponds. But sea level rise and storm surges are making those ponds saltier, and the snail can't tolera.....»»
Touch panel maker Higgstec expects flat revenue growth in 2023
Niche-market touch panel specialist Higgstec expects to post flat revenue growth in 2023 despite a dismal first quarter. The gross margin will also remain stable this year......»»
Himax sees challenging 2Q23
Dispaly driver IC company Himax Technologies has warned of a challenging second quarter in terms of both sales and gross margin, but believes this will be a short-term phenomenon with a rebound around the corner starting in the second half of this ye.....»»
Anthropic’s Claude AI can now digest an entire book like The Great Gatsby in seconds
Claude's input memory grows to 75,000 words, beating GPT-4 by a wide margin. Enlarge / An AI-generated image of a robot reading a book. (credit: Benj Edwards / Stable Diffusion) On Thursday, AI company Anthropic announce.....»»
SMIC sees capacity utilization rate fall below 70%
China-based Semiconductor Manufacturing International (SMIC) has reported its gross margin slid to 20.8% in the first quarter of 2023 from 32% in the prior quarter, due to lower wafer shipments and capacity utilization. The pure-play foundry saw its.....»»
Ranger Raptor embodies Ford strategy of high-margin, low-cost variants
The 2024 Ranger Raptor, which expands Ford's line of high-performance off-roaders into the midsize pickup segment, costs 67 percent more than the truck's base model but shares most of the same parts......»»
DFI to pursue gross margin, profit growth in 2023
Taiwan-based industrial motherboard and computing device maker DFI will strive to increase its gross margin and profits this year......»»
PMIC supplier GMT expects meaningful revenue growth in 2Q23
Power management IC (PMIC) specialist Global Mixed-Mode Technology (GMT) expects its revenue and gross margin to improve meaningfully in the second quarter, buoyed by rebounding demand......»»
Vroom reports $75M net loss, shrunken revenue in Q1
The retailer expects its gross profit per vehicle to improve in the second half of the year as it sells a higher mix of newer inventory, CEO Tom Shortt said......»»