Tesla Hardware 3: “It could end the auto industry supply chain as we know it”

Toyota and Volkswagen each sell over 10 million cars annually. Tesla delivered close to 370,000 in 2019.  In terms of electronics technology, however, Tesla is light years ahead of the industry leaders. According to Nikkei, Tesla’s integrated central control unit, or “full self-driving computer,” also known as Hardware 3, is the company’s biggest advantage in … More Tesla Hardware 3: “It could end the auto industry supply chain as we know it”

Hon Hai Leads Revenue Decline Of Taiwan Stock Exchange Listed Companies

The combined revenue of companies listed on the Taiwan Stock Exchange (TWSE) fell 10.73 percent last month from a year earlier to NT$2.46 trillion (US$81.85 billion) due to weak demand and a high comparison base. This compares to the 0.98 percent growth a month earlier and a mild decline of 0.04 percent for last year, … More Hon Hai Leads Revenue Decline Of Taiwan Stock Exchange Listed Companies

U.S. Industrial Production Fall -0.3% In December, Electronics Up

The Federal Reserve Board reported Industrial Production this morning, Industrial production declined 0.3 percent in January, as unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft. The index for manufacturing edged down 0.1 percent in January; excluding the production of aircraft and parts, factory … More U.S. Industrial Production Fall -0.3% In December, Electronics Up

Nvidia Reports 41% Y/Y Revenue Growth, 3% Sequential

Artificial intelligence and graphics chipmaker Nvidia reported its 2020 Q4 earnings after the market close today (fiscal quarter ends on January 26th, 2020).  The company announced revenues of $3.11 billion for the quarter, a jump of 41 percent from the year-ago and a 3 percent increase from the third quarter.   The stock is trading 6.5 … More Nvidia Reports 41% Y/Y Revenue Growth, 3% Sequential

Industrial Production In Euro Area Falls 2.1% Sequentially In December

Seasonally adjusted industrial production for December fell by 2.1% in the euro area (EA19) and by 2.0% in the EU27, according to estimates from Eurostat.  Captial goods took the brunt of the hit. In November 2019, industrial production was flat in both the euro area and in the EU27 In December 2019 compared with December … More Industrial Production In Euro Area Falls 2.1% Sequentially In December

US Revokes WTO Subsidy Preferences For China And Others

02/10/2020 Washington, DC – The Office of the United States Trade Representative (USTR) is issuing a Notice in the Federal Register updating its list of countries designated as developing or least-developed under U.S. counter-vailing duty laws.  Federal law specifies certain differential treatment for imports from developing or least-developed countries and obligates USTR to update the designations periodically.  … More US Revokes WTO Subsidy Preferences For China And Others