ao link
Business Reporter
Business Reporter
Business Reporter
News
Technology
Management
Finance
Sustainability
Resources
Events
Talk Shows
Jobs
Search Business Report
My Account
Remember Login
Register|Reset Password
My Account
Remember Login
Register|Reset Password
News
Technology
Management
Finance
Sustainability
Resources
Events
Talk Shows
Jobs

Industrial Innovations

 

STMicroelectronics trims 2024 revenue outlook again
31 Oct 2024

STMicroelectronics trims 2024 revenue outlook again

European chipmaker STMicroelectronics on Thursday said its full-year revenue would come at the low end of the earlier guidance range, its third cut to the outlook this year amid weak demand from its industrial clients.
Siemens' $10.6 billion Altair deal seen boosting industrial software offering

Siemens' $10.6 billion Altair deal seen boosting industrial software offering

31 Oct 2024
Siemens announced a $10.6 billion deal to buy U.S. engineering software firm Altair Engineering overnight, cheering analysts who see it boosting the company’s presence in the fast-growing industrial software market.
Advantest hikes profit forecast as AI boosts testing demand

Advantest hikes profit forecast as AI boosts testing demand

30 Oct 2024
Japan’s Advantest on Wednesday hiked its full year operating profit forecast by almost a fifth to 165 billion yen ($1.08 billion) as strong demand for high performance artificial intelligence-related chips boosted its testing tools business. 
Chinese automaker Geely steps up challenge to BYD with new hybrid tech

Chinese automaker Geely steps up challenge to BYD with new hybrid tech

30 Oct 2024
China’s Geely Automobile Holdings took the wraps off its latest hybrid technology on Wednesday, boasting some better fuel economy and driving range figures than rival technology from local plug-in hybrid champion BYD.
Toyota, NTT to make $3.3 billion R&D investment for AI self-driving, Nikkei reports

Toyota, NTT to make $3.3 billion R&D investment for AI self-driving, Nikkei reports

29 Oct 2024
Toyota Motor and Japan’s Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in research and development to create artificial intelligence software to improve self-driving, Nikkei reported on Tuesday.
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers
29 Oct 2024

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence Design Systems raised the midpoint of its annual profit forecast on Monday, betting on the boom in generative AI to drive demand for its software used to design complex chips that power those systems, sending its shares up 6.4% in extended trading. 
Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record

Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record

24 Oct 2024
South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year.
TI profit beats points to China automotive chip rebound as industrial weakness persists

TI profit beats points to China automotive chip rebound as industrial weakness persists

23 Oct 2024
Texas Instruments beat third-quarter profit estimates on Tuesday, helped by a recovery in orders for its analog chips across segments and improving demand from China’s automotive market, sending its shares up 4% in extended trading.
Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

18 Oct 2024
Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar with the matter said. 
TSMC Q3 profit rises 54%, better than forecasts

TSMC Q3 profit rises 54%, better than forecasts

17 Oct 2024
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.
Horizon Robotics seeks $696 million in Hong Kong IPO, would be city's largest in 2024
16 Oct 2024

Horizon Robotics seeks $696 million in Hong Kong IPO, would be city's largest in 2024

Chinese autonomous driving firm Horizon Robotics is aiming to raise up to $696 million in a Hong Kong initial public offering, as the city’s listings market shows signs of renewed activity after a nearly two-year slump.
TSMC third-quarter profit seen jumping 40% on strong AI chip demand

TSMC third-quarter profit seen jumping 40% on strong AI chip demand

14 Oct 2024
Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quarter profit on Thursday thanks to soaring demand.
Exclusive-Bain sought $10 billion valuation for Japan's Kioxia, investors only wanted to pay half

Exclusive-Bain sought $10 billion valuation for Japan's Kioxia, investors only wanted to pay half

11 Oct 2024
Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan’s Kioxia in an IPO, leading the U.S. buyout firm to scrap its plans for an October listing of the memory chipmaker, two sources said.
Exclusive-Northvolt in talks for about 200 million euros in funding, sources say

Exclusive-Northvolt in talks for about 200 million euros in funding, sources say

11 Oct 2024
Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in short-term funding, three sources familiar with the matter said, as the cash-strapped Swedish battery maker seeks to stabilise its finances.

Most Viewed

Business Reporter

Winston House, 3rd Floor, Units 306-309, 2-4 Dollis Park, London, N3 1HF

23-29 Hendon Lane, London, N3 1RT

020 8349 4363

Cookie Policy
Terms of Business
17 Global Goals
Campaign Schedule
Lead Generation Media Kit
Sustainability Report
Contact Us
Privacy Policy
Terms and Conditions
Private Dining Media Kit
Media Kit
BR Studio
Content Guide
Traffic Drivers
Case Study

© 2024, Lyonsdown Limited. Business Reporter® is a registered trademark of Lyonsdown Ltd. VAT registration number: 830519543

LinkedIn
Twitter
YouTube
We use cookies so we can provide you with the best online experience. By continuing to browse this site you are agreeing to our use of cookies. Click on the banner to find out more.
Cookie Settings