Tesla battery supplier Contemporary Amperex Technology, or CATL, beat annual earnings expectations Friday, strengthening its status as the world’s largest electric-vehicle battery maker. The Chinese l...
Tag: Supplier
Tesla Supplier CATL Smashes Profit Estimate as EV Sales Soar
(Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner cars, underscoring its dominance as the world’s biggest...
Vital Apple Supplier Taiwan Semiconductor To Appoint 6K Engineers
Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) looked to hire over 6,000 new staff in 2023. TSMC eyed young engineers with associates, bachelor’s, master’s, or doctorate degree...
Binance Coin Price Trapped Within A Major Supplier Congestion Zone
Join Our Telegram channel to stay up to date on breaking news coverage Binance Coin (BNB) price has been moving within a formidable supplier congestion zone for months now. The tug of war between bull...
Ford is partnering with a Chinese supplier on a battery factory
Ford Motor Co (NYSE: F), on Monday, said it’ll collaborate with CATL on a $3.50 billion battery facility for electric vehicles in Michigan. Shares ended comfortably in the green today. What’s in it fo...
Energy industry faces ‘death by a thousand cuts’, warns major power supplier to Britain
Prime Minister Rishi Sunak and newly appointed Secretary of State for Energy Security and Net Zero, Grant Shapps – Jamie Lorriman/Pool via REUTERS Britain’s energy industry risks “death by a tho...
dYdX Price Prediction As DYDX Bulls Fight Off A Supplier Congestion Zone
Join Our Telegram channel to stay up to date on breaking news coverage DYDX token bid goodbye to January in style, recording a trading volume of $2.229 million on January 31 as the price lifted from $...
Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier
The Bitcoin (BTC) miner Hut 8 Mining Corporation, which is located in Canada, has taken the struggle it has been having with the power supply for one of its mining sites to a higher level by filing a ...
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court. Hut 8 said on Jan. ...
Bitcoin miner Hut 8 takes dispute with power supplier to court
Canadian bitcoin miner Hut 8 is taking a contract dispute with its energy provider to court. The miner filed a statement of claim in the Superior Court of Justice of Ontario against Validus Powe...
Key Apple supplier reports a big hit to revenue in November
Apple Inc (NASDAQ: AAPL) is in focus this morning after its biggest iPhone supplier reported a big hit to revenue in November. Foxconn revenue tanks 29% in November Foxconn Technology Co Ltd (TPE: 235...
It Was All A Mistake, iPhone Supplier Says After Violent Worker Protests In China
Hon Hai Precision Industry’s headquarters in New Taipei City. Photographer Lam Yik Fei/Bloomberg © 2022 Bloomberg Finance LP Hon Hai Precision Industry apologized on Thursday for a “techni...
Nickel Products Supplier To EV Industry Poised To Become China’s Newest Billionaire
Nickel ore trader Lygend aims to list its shares at the Hong Kong Stock Exchange on Dec. 1. … [+] Photographer: Paul Yeung/Bloomberg © 2022 Bloomberg Finance LP Lygend Resources & Technology...
Understanding Walmart’s Automated Supplier Negotiations
Walmart store enrance getty It had to happen. WalmartWMT is now using artificial intelligence (AI) to buy merchandise. Too often, corporate buyers lack the time to negotiate fully with all possible su...
Tesla Supplier To Commence Kansas EV Battery Plant Construction In November
Tesla, Inc (NASDAQ: TSLA) battery supplier Panasonic Holdings Corp (OTC: PCRFF) (OTC: PCRFY) aimed to start building a new battery plant in Kansas in November, with mass production by March 2025. Pana...
Dan Yergin Discusses Putin’s Energy War And America’s Obligation To Remain A Reliable Supplier
WASHINGTON, DC – JUNE 22: An image of Russian President Vladimir Putin is displayed as U.S. … [+] President Joe Biden speaks about gas prices in the South Court Auditorium at the White Hou...
The Multiplier Effect: How Supplier Diversity Pays
Governments and large corporations have focused for decades on optimizing their supply chains, not only for profitability but stability and sustainability. With a steady decline in the number of U.S. ...
Fosun Pharma Shares Gain After Tie-Up With New Covid Drug Supplier Genuine Biotech
A silhouette of hands in medical gloves hold a medical syringe and a vial in front of Fosun Pharma’s … [+] logo. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Imag...
ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.
Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of m...
Vital TSMC Supplier Warns of Chip Material Price Hikes Into 2023
(Bloomberg) — Japanese chemicals supplier Showa Denko K.K. expects to further raise prices and cut back unprofitable product lines as it grapples with a barrage of economic challenges confrontin...
Can Qatar Really Replace Russia As Germany’s Gas Supplier?
Long before the re-emergence of the ‘Pan-Arab’ ideology now increasingly evident among several leading Middle Eastern countries, Qatar had sought to go its own way, neither aligning fully with the U.S...
Tesla Supplier Livent Leads Five Stocks With These Two Winning Traits
Lithium battery stock Livent (LTHM), Chevron (CVX) and Northrop Grumman (NOC) rank among this week’s top stocks to watch, as they outperform near buy points in a challenging market. Valaris (VAL...
Rivian Drops on Word of Lawsuit With Key Seat Supplier for Vans
(Bloomberg) — Rivian Automotive Inc. fell almost 7% Monday on word the electric-vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patr...
Russia Now Has Little Hope Of Becoming A Major Middle East Arms Supplier
Russia’s invasion of Ukraine will likely prove to be the final nail in the coffin of Moscow’s goal of becoming a major supplier of military hardware to the Middle East and North Africa. On...
Apple supplier Foxconn halting operations could deal a blow to iPhone maker: analyst
Apple supplier Foxconn halting operations amid a fresh COVID-19 outbreak in key manufacturing hub Shenzhen, China, could deal a financial blow to the iPhone seller. “It’s concerning. The v...
Credova A Supplier Of Buy Now Pay Later Services Is Making Huge Steps Towards Bitcoin Through IDX
Credova announced that part of its treasury assets have been assigned to the IDX Risk-Managed Bitcoin Mutual Fund. Credova, a buy now pay later company, stated today that it has allocated some of its ...
Italy’s National Team Strikes Sponsorship Deal With Adidas, Replacing Puma As Kit Supplier
LONDON, ENGLAND – JULY 11: Giorgio Chiellini, Captain of Italy lifts The Henri Delaunay Trophy … [+] following his team’s victory in the UEFA Euro 2020 Championship Final between Ita...
Toyota Halts Japan Production As Supplier Probes Possible Cyber Attack
Robot arms weld the bodies of fourth generation Toyota Prius cars on the production line at the … [+] company’s Tsutsumi assembly plant in Toyota City, Aichi prefecture on December 8, 2017...
Apple Supplier Foxconn, Electric Scooter Maker Gogoro To Co-Invest In Indonesia Battery Cell Project
Horace Luke, founder and CEO of Gogoro, a Taiwanese company that developed a battery-swapping … [+] refueling platform for urban electric two-wheel scooters, mopeds and motorcycles, posing for p...