Category: Financial news and analytics

Foxconn, the world’s largest contract electronics manufacturer from Taiwan and Apple’s main iPhone assembly partner, reported a significant increase in quarterly financial results for the third quarter of 2024. The…

The Chinese company Tencent reported an increase in net profit for the third quarter. The volume of profit received in the reporting period increased by 47% compared to the third…

Tesla shares rose 8% today, continuing the strong growth that began last week after the US elections. Analysts attribute this to Tesla CEO Elon Musk’s close ties with US President-elect…

Corning, the US manufacturer of tempered Gorilla Glass for mobile devices, will receive $32 million in CHIPS and Science Act funding to produce components used to make semiconductor chips. Image…

The administration of current US President Joe Biden has accelerated negotiations with electronics manufacturers including Intel and Samsung as it seeks to cement one of its signature initiatives before President-elect…

Sony published its next quarterly financial report, and also adjusted its revenue and sales forecast for the entire financial year. In the reporting period, the volume of operating profit received…

The largest Chinese contract chip manufacturer Semiconductor Manufacturing International Corp (SMIC) reported an increase in net profit in the third quarter by 58.3%. The semiconductor industry has shown signs of…

Capital expenditures of Amazon, Microsoft, Meta and Alphabet will amount to more than $200 billion by the end of 2024, Bloomberg estimates. Executives at major companies this week warned investors…

In its third-quarter 2024 report, Apple reported 12 percent year-over-year revenue growth from its services business to $25 billion, equivalent to $100 billion annually. This figure is a historical maximum…

Residents of Iran will soon be able to officially purchase the latest iPhone models. Until now, under the 2023 ban, any iPhone from series 14 onwards would stop working on…