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| Trump plans to nominate World Bank critic to lead it |
2/7/2019 |
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Now the undersecretary for international affairs at the Treasury Department, David Malpass has been an outspoken skeptic of the 189-nation World Bank, a leading source of funding for economic development. The World Bank provides low-cost loans for projects around the world. Among its key missions is helping combat poverty in developing countries.
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| Revenue rose 7 percent at Daimler |
2/7/2019 |
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Daimler saw profitability fall as it faced multiple challenges. The U.S.-China trade war meant new import taxes on cars made in the U.S. and sold in China. Bottlenecks in getting cars certified for emissions procedures also affected the business. The operating profit margin on sales at Mercedes, a key earnings indicator, fell to 7.3 percent from 9.5 percent in the same quarter a year earlier.
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| Tesla Inc has agreed to buy energy storage company Maxwell Technologies |
2/6/2019 |
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Maxwell executives told investors in January that it had developed and patented a “dry electrode” technology that could significantly increase the driving range and reduce the cost of electric vehicle batteries. In a presentation, Maxwell said it expected strategic alliances “within six months” centered around this technology.
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| Winbond weakened for the quarter |
2/5/2019 |
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Net profit fell to NT$879 million (US$28.59 million) in the final quarter of last year, down from NT$2.84 billion in the previous quarter, while consolidated sales fell 13.23 percent quarterly to NT$11.87 billion, the company said in a statement.
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| U.S. job picture is rosy |
2/5/2019 |
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The healthy 304,000 jobs gain the government reported Friday illustrated the job market's durability nearly a decade into the economic expansion. The U.S. has now added jobs for 100 straight months, the longest such period on record.
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| Sodium-ion batteries to replace lithium-ion on EV's |
2/4/2019 |
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Sodium-ion batteries are an attractive alternative to lithium-based ion batteries due to several reasons. Sodium is not a limited resource - it is abundant in the earth's crust as well as in seawater. Also, sodium-based components have a possibility to yield much faster charging time given the appropriate crystal structure design.
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| Ic Insights: R and D spending to increase for the next few years |
2/4/2019 |
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IC Insights expects new challenges such as three-dimensional (3D) die-stacking technologies, growing complexities in end-use applications, and other significant manufacturing barriers to raise semiconductor R&D spending to a slightly higher growth rate of 5.5% per year in the 2018-2023 forecast period.
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| Boeing shares soared on beating sales expectations |
2/4/2019 |
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Boeing Co. had net income of $3.42 billion, or $5.93. Earnings, adjusted for non-recurring gains, came to $5.48 per share, easily topping the per-share profit of $4.52 that industry analysts were looking for.
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| Qualcomm beat estimates |
2/1/2019 |
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CEO Steve Mollenkopf said the earnings beat was "driven by strong product leadership and operating expense management."
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| U.S. icon, Caterpillar returns to profit |
2/1/2019 |
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Caterpillar earned $1.05 billion, or $1.78 per share. Stripping out restructuring costs and other items, earnings were $2.55 per share, which was 43 cents short of analyst expectations.
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| Intel make interim CEO perminent |
2/1/2019 |
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Robert Swan, who has also been the company's chief financial officer since 2016, becomes the seventh CEO in Intel's 50-year history. He was also named to Intel's board of directors.
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| Shanghai SMIC now ready for 14nm production |
1/31/2019 |
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SMIC has made significant progress with its FinFET process development since Liang Mong-song, former R&D guru of Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Foundry, joined the Shanghai-based foundry.
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| When counterfeit supplies become a problem |
1/31/2019 |
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Technology advancements have only added to the problem: electronic components can now be cloned so well that they cannot be distinguished from the genuine article. But counterfeiting is not just a technology issue —procurement and supply chain practices also contribute to the proliferation of fake devices.
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| Mars surface details captured by Teledyne CCD Sensor |
1/31/2019 |
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Teledyne DALSA upgraded the imaging sensing technology to survey the InSight landing site and determine the optimum place to deploy, for the first time on another planet, a seismometer and a heat probe capable of drilling 15 feet down into the subsurface of Mars.
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| Defective chemical material conteminates production at TSMC |
1/30/2019 |
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"TSMC has discovered a shipment of chemical material used in the manufacturing process that deviated from the specification and will impact wafer yield," the company said in a statement. It said it was investigating the cause of the problems at the Fab 14B production site in southern Taiwan and contacting customers.
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| 5G development activity benefits Xilinx and others |
1/30/2019 |
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“The start of this ramp [up of 5G spending] is happening faster than we had thought,” Xilinx Chief Executive Victor Peng said on the company’s quarterly earnings call on Jan. 23. “And the strength for coming out of the gate is pretty strong.”
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