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Exxon"s profit tumbles 49 percent amid higher spending
Exxon's first-quarter profit fell 49% to $2.35 billion as it stepped up spending on exploration and production in west Texas. Global production rose 2%. A year ago, the results were buffed by sale of a stake in an offshore Australia natural gas field......»»
Ford posts profit but warns that chip shortage will cut production in half in second quarter
Ford on.....»»
Samsung first-quarter profit likely surged 45% on bumper smartphone, appliance sales
Samsung Electronics Co Ltd likely saw a 45% jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division earnings are seen tumbling after a storm suspended production at its U.S. plant......»»
iPhone Maker Foxconn Q4 Earnings Drop YoY, Miss Street Estimates
Apple Inc(NASDAQ: AAPL) supplier Foxconn on Monday reported a 4% fall in quarterly profit as the Taiwanese contract electronics maker speeds up the shift towards electric vehicles, Bloomberg read more.....»»
Samsung reports profit jump driven by strong chip demand
Samsung expects its profit to weaken in the current quarter with a weak dollar and costs associated with expanded production lines.....»»
Foxconn reportedly obtains extra iPhone 12 Pro orders
Foxconn Technology Group (Hon Hai Precision Industry) is expected to see extra momentum in the first quarter of 2021 thanks to Apple increasing orders for the iPhone 12 Pro series, according to some market observers......»»
Coronavirus hits GM first-quarter profit hard
General Motors Co on Wednesday reported a huge plunge in first-quarter quarter profit as it burned through cash with its the North American vehicle production shut down due to the coronavirus pandemic......»»
BP"s profit tumbles, debt climbs as virus crisis hammers oil demand
BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warned of exceptional uncertainty ahead. Ciara Lee reports.....»»
BP"s profit tumbles, debt climbs as coronavirus crisis hammers oil demand
BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warned of exceptional uncertainty ahead......»»
Hyundai first-quarter profit tumbles 44%, far short of estimates, as coronavirus slams China demand
South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% to its lowest level for the quarter in a decade, as the coronavirus hit demand in China and due to losses at its financial business......»»
Hyundai first-quarter profit tumbles 44%, far short of estimates, as coronavirus slams car demand
South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% to its lowest level for the quarter in a decade as the spreading coronavirus outbreak hit demand for cars worldwide......»»
Apple Supplier Foxconn"s Profit Falls Nearly 25% Year-Over-Year: Report
Apple Inc's (NASDAQ: AAPL) largest supplier, Foxconn Technology Group, saw its net profit fall 23.7% in the fourth quarter before the coronavirus pandemic spread, The Wall read more.....»»
Apple gets good news: Foxconn"s China factories are running again
Apple iPhone assembler Foxconn Technology has resumed production at its mainland China factories......»»
iPhone Maker Foxconn Expects 15% Q1 Revenue Hit From Coronavirus, Says Production Rebounding
Taiwanese consumer electronics manufacturer Hon Hai Precision Co. read more.....»»
Virus to dent Foxconn"s consumer electronics revenue
Apple supplier Foxconn warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China. Ciara Lee reports.....»»
Virus to dent Foxconn"s consumer electronics revenue in first-quarter
Apple supplier Foxconn warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China......»»
Foxconn says cautiously resuming China output, warns coronavirus will hit revenue
Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the coronavirus epidemic......»»
Apple unlikely to meet revenue guidance due to coronavirus impact
Apple Inc said on Monday it would not meet its revenue guidance for the March quarter because of the coronavirus outbreak slowing iPhone production and weakening demand in China......»»
Apple iPhone maker Foxconn approved to resume Shenzhen plant production: source
Apple iPhone maker Foxconn has received Chinese government approval to resume production at a key plant in the southern city of Shenzhen, a source with direct knowledge of the situation told Reuters late on Monday......»»
Apple"s main iPhone maker Foxconn to resume some Chinese production: source
Apple's main iPhone maker Foxconn got the green light on Monday to reopen two major plants in China closed because of the coronavirus and aims to resume production even though only 10% of the workforce has returned so far, a source told Reuters......»»