NXP Semiconductors Tops Views On Automotive Chip Sales Growth

NXP Semiconductors (NXPI) late Monday beat estimates for the fourth quarter due to a surge in automotive chip gross sales. But it surely set its outlook decrease for the present interval. NXPI inventory slid in prolonged buying and selling. X The Dutch chipmaker earned an adjusted $3.73 a share on gross sales of $3.31 billion … Read more

China’s 2022 smartphone sales fall to a decade low

China’s smartphone sales fell to a record in 2022, falling 13% to their lowest level in a decade. Here’s why. Data from third-party research firms shows that China’s smartphone sales dropped a record in 2022, falling 13% to a decade-low due to COVID-19 control and the economy. The slowdown has reduced consumer demand. The total … Read more

London’s luxury home sellers turn to WhatsApp as private sales surge

A rising variety of Londoners are choosing novel means of shopping for and promoting their properties, with WhatsApp rising as a brand new residence for luxurious listings. Bloomberg | Bloomberg | Getty Photographs LONDON — In attempting occasions for the U.Okay. actual property market, a rising variety of Londoners are choosing novel means of shopping … Read more

Lamborghini aims to cross 100 units sales milestone in India in 2023

Italy-based luxurious carmaker Automobili Lamborghini goals to cross the century mark in gross sales within the Indian market this yr, the corporate’s nation head Sharad Agarwal not too long ago stated. The announcement comes days later the corporate posted document gross sales in India in 2022 at 92 items, rising at 33 per cent from … Read more

The Fair Tax Act, explained: what to know about the Republican plan for a national sales tax, decentralized IRS

John Miller | iStock | Getty Pictures A bunch of Home Republicans are revisiting the Honest Tax Act, which might substitute sure federal levies with a nationwide gross sales tax and decentralize the IRS. Whereas the plan might not get a flooring vote and would not make it by the Democrat-controlled Senate, coverage specialists say … Read more

Luxury retailer LVMH sees Chinese shoppers returning, boosting 2023 sales

Luxurious big LVMH mentioned China’s rich customers have began returning to shops after the nation’s reopening and it stays optimistic in regards to the yr forward. “We’ve got each motive to be assured, certainly optimistic on China,” LVMH CEO and chairman Bernard Arnault mentioned in the course of the firm’s earnings presentation. “In Macao, the … Read more

DLF records 45% growth in new sales for nine months of FY23 to ₹6,599 cr

As per the regulatory submitting, DLF‘s cumulative new gross sales for 9MFY23 stand at ₹6,599 crore, reflecting a YoY development of 45%. Between October to December 2022 quarter, DLF’s residential enterprise garnered a powerful efficiency and clocked one of many highest quarterly new gross sales bookings of ₹2,507 crore, reflecting a YoY development of 24% … Read more

‘Pathaan’ crosses 400,000 tickets in advance sales in less than 36 hrs on BookMyShow

Shah Rukh Khan’s much-awaited comeback, ‘Pathaan’ is breaking data left, proper, and centre forward of its launch. The SRK-Deepika Padukone starrer set a brand new benchmark for advance ticket gross sales. On-line ticketing platform BookMyShow revealed that the motion extravaganza bought greater than 400,000 tickets (advance gross sales) in lower than 36 hours! Ashish Saksena, … Read more

Next big risk for booming EV sales: Tight lithium supplies

Electrical-vehicle makers are hoping that an imminent wave of lithium provide will carry aid for his or her growth plans after a two-year squeeze, however the battery steel’s die-hard bulls warn of extra ache to return if producers fail to ship. Rampant lithium demand has caught many forecasters without warning, with booming world EV gross … Read more

Global foundry sales set to drop in 2023 in blow to Taiwan, South Korea

Revenues in international contract chipmaking, or foundries, are projected to fall this yr as demand cools quickly for the superior chips which have bolstered Asian technology-driven economies Taiwan and South Korea. As shoppers reduce orders and manufacturing slows, foundry sales are anticipated to lower 4% in 2023 from a yr earlier, tech analysis organisation TrendForce … Read more

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