Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
STMicroelectronics cuts full-year outlook for second time
(Reuters) - Franco-Italian chipmaker STMicroelectronics (STM) on Thursday cut its full-year revenues guidance for the second time this year as industrial customer orders did not improve and automotive...
Thomson Reuters Jul 25, 2024
LG Display reports Q2 loss on weak demand for panels
SEOUL (Reuters) - South Korean flat-screen maker LG Display reported a second consecutive quarterly loss on weak demand for large display panels for TVs and small panels for smartphones. The Apple sup...
Thomson Reuters Jul 24, 2024
Analysis - Taiwanese rocket startup may be early test of Japan's space hub plans
By Kantaro Komiya TOKYO (Reuters) - A Taiwanese startup aims to become the first foreign firm to launch a rocket from Japan by early next year, part of a plan industry advocates say will aid Tokyo's a...
Thomson Reuters Jul 24, 2024
Battery firm LG Energy Solution Q2 profit plunges on weak EV demand
SEOUL (Reuters) - South Korean battery firm LG Energy Solution (LGES) on Thursday posted on a 58% drop in quarterly profit, hit by weakening demand for battery-powered electric vehicles (EVs). The com...
Thomson Reuters Jul 24, 2024
Tribunal terminates Bitfarms' 'poison pill' against Riot
(Reuters) - Bitcoin miner Riot Platforms said on Wednesday the Ontario Capital Markets Tribunal terminated rival Bitfarms' attempt to adopt a "poison pill" to thwart its acquisition. (Reporting by Gna...
Thomson Reuters Jul 24, 2024
Nvidia supplier SK Hynix's Q2 profit soars on AI boom
SEOUL (Reuters) -South Korea's SK Hynix posted on Thursday its highest quarterly profit since 2018 as the Nvidia supplier sees explosive sales of its advanced DRAM chips such as high bandwidth memory ...
Thomson Reuters Jul 24, 2024
Teradyne forecasts quarterly revenue below estimates on weak demand; shares fall
(Reuters) - Teradyne forecast third-quarter revenue below Wall Street estimates on Wednesday, signaling sluggish demand for its semiconductor-testing equipment and sending its shares down more than 7%...
Thomson Reuters Jul 24, 2024
KLA forecasts fiscal Q1 revenue above estimates after strong quarter
(Reuters) - KLA Corp forecast revenue and profit for its fiscal first quarter above expectations after posting better-than-expected results for the preceding three months on Wednesday, sending its sha...
Thomson Reuters Jul 24, 2024
Tyler Technologies raises annual forecasts on IT services demand
(Reuters) - Tyler Technologies raised its full-year revenue and profit forecasts on Wednesday, helped by robust demand in the public sector for its IT software and services. The company provides integ...
Thomson Reuters Jul 24, 2024
IBM beats quarterly revenue estimates on software strength, AI demand
(Reuters) -IBM beat analysts' estimates for second-quarter revenue on Wednesday, riding on strong demand for its software and higher AI-linked spending by clients looking to tap the booming technology...
Thomson Reuters Jul 24, 2024

