VPEC rises as top GaAs epiwafer supplier
Taiwan-based epiwafer maker Visual Photonics Epitaxy (VPEC) has emerged as the world's top supplier of GaAs epiwafers with its market share in the segment surpassing that of British peer IQE by 14-15%, according to industry sources......»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Apple said to be stealing tech from expensive suppliers to give to cheaper ones
A new report claims that a supplier may develop new technology or new processes, only for Apple to — perfectly legally — take that work to a cheaper company, sometimes leaving the original one to go bankrupt.Apple has suppliers all over the world.....»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
Kenya floods death toll rises to 188 as heavy rains persist
The number of people who have lost their lives in devastating floods in Kenya since March has risen to 188, with dozens still missing, the interior ministry said on Thursday......»»
Apple is deepening ties with China even as it boosts suppliers globally
Despite its well-publicized moves to cut its dependence on China as its main supplier, Apple has also been increasing the number of firms it works with for production with in the region.Tim Cook visits Luxshare factory in 2017. Source: AppleBy Januar.....»»
iPhone demand is falling, claims component supplier Skyworks
Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors.Apple's iPhone 15 ProSkyworks does not break down its earnings by customer, but it has been a longtime partner for Ap.....»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Scenes from the 2024 Automotive News PACE Awards
The event in Detroit celebrated the best in supplier innovation......»»
Design strategies toward plasmon-enhanced 2D material photodetectors
Traditional semiconductors such as Si, GaAs, and HgCdTe seem unable to meet the development trend of electronic devices that feature ultra-small volume, lightweight, and low power consumption. These limitations of traditional semiconductors mainly st.....»»
Lear to acquire Spanish automation supplier to ease labor costs
Financial terms were not disclosed for the deal, announced Monday and expected to close by the third quarter......»»
Huawei"s smart car tech offers Audi, other automakers route to China sales
Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
Judge deals blow to Stellantis in supplier pricing dispute that threatens production
The order filed Tuesday means that the parent company of Jeep and Ram brands must continue paying its supplier under protest — or “hostage threat,” as the automaker’s lawyer put it last week......»»
Seating supplier Adient plans European job cuts as part of restructuring plan
Adient is cutting jobs in Europe and transferring other roles to countries with lower labor costs, becoming the latest parts maker to eliminate positions in the region......»»
iPhone 16 Rumors Take Interesting Twist
An iPhone 16 design change that appeared to be dead in the water has resurfaced today in a report out of Asia. According to the Economic Daily News, Apple’s ordered a large number of capacitative button components from a supplier (Advanced Sem.....»»
iPhone 16 capacitive button rumor resurrected by supply chain report
As of late, the rumor mill has been quiet on the topic of all of the mechanical buttons on the iPhone 16 family being replaced by capacitive ones, but a new report claims a supplier has been picked to do just that.iPhone 16 Pro may have larger screen.....»»
Suppliers scramble to avoid low factory utilization amid rocky EV transition
The uneven ramp-up of electric vehicle production and flattening EV sales growth in North America have left suppliers scrambling to make sure they're not left with significantly underutilized factories, supplier executives said......»»
A hydrocarbon molecule as supplier and energy storage solution for solar energy
Until now, the generation and storage of electricity from solar energy has been dependent on various devices, leading to conversion losses. That may change soon, as chemists at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) and other resea.....»»
Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says
The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»