Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Nora Tam"


3 mentions found


Apple supplier Foxconn sees strong 2024 as Q4 beats forecasts
  + stars: | 2024-03-14 | by ( ) www.cnbc.com   time to read: +2 min
The outlook has turned rosier since Foxconn Chairman Young Liu said in November the world's largest contract electronics maker had "relatively conservative and neutral" expectations for 2024. The profit beat a T$43.52 billion LSEG SmartEstimate, which gives greater weight to forecasts from analysts who are more consistently accurate. In the fourth quarter, consumer electronics including smartphones accounted for 58% of revenue while cloud and networking products, including servers, contributed 20%. Foxconn said it expects revenue for the first quarter to slightly decline from a year earlier, with revenue for smart computer electronics also likely to drop in the period. Apple last month reported sales and profit that beat Wall Street estimates, powered by growth in its iPhone business though its China sales missed analysts' targets.
Persons: 20JUL16 SCMP, Nora Tam, Foxconn, Young Liu Organizations: South China Morning, Getty, Foxconn, Hai Precision Industry Co, Apple, Wall Locations: Foxconn, Longhua, Shenzhen, 20JUL16, South, China
Tesla driver Tim Heckman drove 6,392 miles primarily using Autopilot and Full Self-Driving. He said Autopilot has gotten "worse" over the years and FSD was "exceptionally poor outside of California." But, the Tesla driver said the software has been a "lifesaver" when it comes to long road trips. In December, Tim Heckman drove a Model S Plaid from Los Angeles to Pennsylvania and back, using the autonomous software for 99% of the journey, an experience he documented on Twitter. "It's kind of like driving with a 15 or 16-year-old driver sometimes," Heckman said of using FSD in city streets outside of California.
In a losing year for US stocks, here are the 10 biggest percentage decliners on the S&P 500. The 10 largest S&P 500 stock losers wiped out $1.6 trillion in market value. The 10 S&P 500 companies that have experienced the largest stock-price declines heading into the end of 2022 have wiped out a combined market value of more than $1.6 trillion. PayPalTicker: PYPLYTD Performance: -63.4%Market Value Decline: $142.49 billionLike many tech companies, the digital payments processor is seeing a slowdown after a pandemic boom. Photo by George Frey/Getty ImagesTicker: GNRCYTD Performance: -73.8%Market Value Decline: $16.6 billionMass COVID lockdowns helped sparked big demand for backup generators as people worked and studied at home.
Total: 3