Chinese chip powerhouse SMIC saw Q1 revenue fall to $1.46 billion as it continues to withstand chip shortages and US trade sanctions. Semiconductor Manufacturing International Corporation (SMIC) has seen its revenue fall according to its latest quarterly figures. On Friday, the Chinese chipmaking giant posted revenue of $1.46 billion for …
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EV giant Tesla experienced a drop in Q1 2023 earnings due to underutilized new factories and higher production costs. Tesla Inc (NASDAQ: TSLA) saw its net income and earnings slide by more than 20% year-over-year (YoY), according to its Q1 2023 report published Wednesday. Nonetheless, the electric vehicle manufacturer’s revenues and profits for …
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Shares of Bharti Airtel dipped 3 per cent to Rs 765.05 on the BSE in Wednesday’s intra-day commerce, regardless of the corporate reporting a 91.5 per cent year-on-year (YoY) surge in consolidated web revenue to Rs 1,588 crore for the October-December quarter of 2022-23 (Q3FY23) …
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Pc mice, keyboards, and webcams maker Logitech has lowered its full-year gross sales outlook after an underwhelming fiscal Q3 2023 report. Logitech Worldwide SA (NASDAQ: LOGI) not too long ago posted its Q3 2023 earnings report, which confirmed a 22% drop in quarterly gross sales. The underwhelming efficiency additionally underscored …
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Axis Bank on Monday reported a 62 per cent year-on-year leap in standalone internet revenue for October-December to Rs 5,853.07 crore as sturdy progress in internet curiosity earnings bolstered the bottomline regardless of greater provisions. On a sequential foundation, the personal sector …
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India’s largest private lender HDFC Bank on Saturday reported an 18.5 per cent year-on-year (YoY) increase in net profit to Rs 12,259 crore in the third quarter of FY23 as healthy growth in net interest income boosted the bank’s bottomline, said the company’s BSE …
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