Snap stock plunges 15% as revenue growth stalls
Snapchat's parent company reported stalled revenue growth and a large net loss for the final three months of 2022, as it confronts tighter advertiser budgets amid broader economic uncertainty......»»

China sees signs of NEV market recovery in February
China will likely welcome back its robust EV market soon. Data from the China Passenger Car Association (CPCA) showed that wholesale and retail sales of new energy vehicles (NEV) recovered in February. NEV exports last month also saw a 73% growth fro.....»»
Global EV sales, 2023
Global EV sales continued to exhibit prominent growth in 2022, amounting to 9.78 million units, as opposed to the overall automotive sales worldwide that again came short of expectation......»»
Nvidia finds strength in AI era
Nvidia, which possesses key AI and GPU software and hardware capabilities, has been thrust into the spotlight over the last two years, driven by the growth of the metaverse and the recent emergence of ChatGPT......»»
Apple increased grip on premium smartphone market in 2022
The premium smartphone market make up more than half of global smartphone revenue in 2022, a report claims, with Apple's iPhone providing the lion's share.iPhone 14Sales in the overall global smartphone market dropped 12% year-on-year between 2021 to.....»»
Global NAND flash revenue to continue slide in 1Q23
NAND flash revenue will continue to decline into the first quarter of 2023 despite lower drops in memory ASPs, according to a recent TrendForce report......»»
Pittsburgh body shop generates revenue for Diehl Auto Group
Operating a large collision repair facility also has helped Diehl Automotive Group sell new cars. When cars come to the collision center and are deemed a total loss, Diehl has an opportunity to sell that customer a new vehicle......»»
Fuel cells left behind by rapid EV sales, infrastructure growth
Electric vehicle sales and adoption have jumped so far ahead of fuel cell passenger cars that it will be nearly impossible to catch up......»»
OWC"s 14-port Thunderbolt 3 dock is on sale for $199.99 today
The OWC Thunderbolt 3 dock, which is $80 off this weekend, has hundreds of 5-star ratings on Amazon.Get the OWC Thunderbolt 3 dock for $199.99.You can snap up OWC's Thunderbolt 3 dock for $199.99 at the company's MacSales.com store. This handy dock i.....»»
Marvel Snap road map reveals new competitive mode, token shop rework
Marvel Snap will get a Token Shop rework in April, and a new competitive mode called Conquest in June......»»
Boosting survival of a beneficial bacterium in the human gut
The microbes that inhabit the gut are critical for human health, and understanding the factors that encourage the growth of beneficial bacterial species—known as "good" bacteria—in the gut may enable medical interventions that promote gut and ove.....»»
Best stock widgets for Android
Are you looking to trade stocks and funds? Then having a way to quickly eyeball stock prices throughout the day might be useful. If that sounds like something you might be interested in, then check out these stock widgets for Android. The post Best s.....»»
LiDAR provider Hesai first time reports 66.9% revenue increase in 2022
China-based LiDAR provider Hesai Technology released its first public financial report on March 15. The company achieved a 66.9% increase in net revenues in 2022, with product shipment ramping up. It also saw a greater net loss of CNY300.8 million (U.....»»
Baidu stock rebounds after falling sharply in wake of ChatGPT-style bot demo
Shares in Chinese search giant Baidu rebounded sharply a day after it unveiled ERNIE Bot, its answer to the ChatGPT craze......»»
Clevo expects 10% shipment growth in 2023
Clevo, a Taiwan-based niche notebook manufacturer, expects at least 10% shipment growth in 2023, believing that demand from China's gaming market will recover, according to notebook business group president Chien Yih-long......»»
PMIC vendor M3Tek expects sales recovery in 2H23
Power management IC company M3 Technology (M3Tek) may see another sequential revenue drop of 10-15% in the first quarter of 2023, but revenue will likely recover in the second half of the year, according to the company......»»
Robust PA demand for defense apps buoys Transcom 2022 revenue, profits
Niche-market compound semiconductor IDM Transcom has reported record-high revenue and net profits of NT$1.035 billion and NT$249 million, respectively, for 2022, buoyed by strong power amplifier (PA) shipments for defense and other high-end and niche.....»»
IC Design White Paper (2): Global market share and competitive advantages of Taiwan"s IC design sector
In 2022, the overall revenue of the global IC design industry reached US$215.4 billion. Among them, the US IC design sector is the largest in scale, with a 63% market share and revenue of over US$130 billion. Taiwan's IC design sector is the second l.....»»
Taiwan panel, BLU makers growing non-panel businesses
Taiwan-based panel makers AU Optronics (AUO) and Innolux and backlight unit (BLU) supplier Coretronic have been keen on developing non-panel businesses, expecting related new businesses to start contributing significantly to their revenue growth......»»
ABB Robotics to invest $20M in Michigan plant expansion
Zurich-based robotics giant ABB Ltd. is planning to invest $20 million and create 72 jobs at its Auburn Hills, Mich., plant in response to the growth of automation in the automotive industry and others. The company will increase robot production a.....»»
Research team develops multifunctional vortex beam for UV-visible spectra
The Fourth Industrial Revolution is driving exponential growth in data transmission, and cost-effective, ultrafast, and compact optical communication technologies are urgently needed to manage the exploding data transmission volume. Vortex beams, whi.....»»