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ALG Sees Slight Residual Value Drop in this Reporting Period
2013-07-31 02:45:23| AutomotiveDigest.com - Automotive Industry News
Eric Lyman Director of Residual Value Solutions ALG ALG expects residual values to decline 0.7% during the July/August time period covered in its Industry Report. Gasoline prices were down with 0.1 percentage point impact in segments with strong fuel economy and +0.1-ppt impact in segments with poor fuel economy. The overall macro impact for July/August [...]The Article ALG Sees Slight Residual Value Drop in this Reporting Period appeared first on Automotive Digest.
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Amkor sees lower 2Q profit
2013-07-30 18:02:00| Electronics - Topix.net
Amkor Technology Inc. had higher second-quarter revenue but lower profits driven by a slowdown in the smartphone market, the company announced..
HTC sees sales slowing in Q3, plans new phones for Q4
2013-07-30 09:57:00| Telecompaper Headlines
(Telecompaper) HTC has forecast a slowdown in sales in the third quarter, as it works on expanding its range of smartphones. The company expects quarterly revenue of TWD 50-60 billion, down from TWD 70.7 billion in the second quarter. The gross margin is estimated at 18-21 percent, versus 23.2 percent in Q2, and the operating margin at break-even to 8 percent, compared to 1.5 percent in the previous quarter. In a presentation on Q2 results, HTC said margins were under pressure from a relatively high cost structure, lack of scale and provisions to clear old inventory. The company said it's taking action and hopes to see improvement towards the end of the year. It saw some progress in sales in the latest quarter thanks to the launch of the HTC One, which helped improve its share of the "superphone" market in key areas such as China and western Europe. It's now working on expanding its range of mid-tier phones, with launches expected by Q4. HTC also announced a number of appointments, including Jack Yang to president of South Asia, Sirpa Ikola to senior director of marketing for South Asia and Lorain Wong to vice president of global PR.
Amkor sees lower 2Q profit as smartphone business slows
2013-07-30 05:08:52| Semiconductors - Topix.net
Amkor Technology Inc. had higher second-quarter revenue but lower profits driven by a slowdown in the smartphone market, the company announced today.
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Warm weather sees UK jellyfish boom
2013-07-30 02:17:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: Researchers say that the recent spell of warm weather has seen a rapid increase in jellyfish blooms around Britain's coasts. The long, cold spring meant there were very few reports before June. The Marine Conservation Society (MCS) now says several species including the Lion's Mane are being reported in rapidly growing numbers. This particular species has a powerful sting and scientists are advising people not to touch them. For the past ten years the MCS has carried out a national jellyfish...
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