Radiant aims to ship 2-3 million BLUs for automotive displays in 2021
Radiant Opto-Electronics aims to ship 2-3 million LED backlight units (BLU) for use in automotive dashboards of about 10 inches in 2021, with Europe-based automakers to be main clients, according to industry sources......»»
Lordstown Motors needs more capital to meet electric truck launch goals
Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»
Earnings Scheduled For May 24, 2021
Companies Reporting Before The Bell • Genetron Holdings (NASDAQ:GTH) is expected to report quarterly loss at $0.18 per share on revenue of $14.21 million. read more.....»»
Edison Opto expects automotive revenues to double in 2021
LED module and packaging service provider Edison Opto expects its sales for automotive applications to double in 2021 from a year earlier, which will help boost its gross margin to 25% in the year......»»
SYNergy ramping up lithium polymer battery capacity
Taiwan-based SYNnergy ScienTech will ramp up its production capacity for lithium polymer batteries to 4.7 million units a month in the third quarter of 2021 compared to 4.2 million units currently, according to company sources......»»
CITGO Reports First Quarter 2021 Results
HOUSTON, May 21, 2021 /PRNewswire/ -- CITGO Petroleum Corporation ("CITGO") today reported its first quarter 2021 performance results, including a net loss of $180 million, a.....»»
Here are 19 bankruptcies filed recently in North Texas
Dallas area bankruptcy courts recorded 19 business filings — including 10 with total debt above $1 million — between April 30-May 14. Year to date through May 14, 2021, the court recorded 108 Chapter 7 or Chapter 11 business bankruptcy filings.....»»
TSMC to raise automotive chip production by 60% in 2021, Nikkei reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
China 5G smartphone shipments to top 100 million units in Jan-May
A total of 91.27 million 5G smartphones were shipped to the China market in the first four months of 2021, according to data from the China Academy of Information and Communications Technology (CAICT)......»»
Barron Hilton"s Bel-Air estate sells for $61.5 million — a 2021 high
Barron Hilton's Bel-Air esta.....»»
Vingroup reports staggering growth in 1Q21 earnings
Vietnam-based conglomerate Vingroup has reported net profits of VND2.1 trillion (US$90.84 million) for the first quarter of 2021, up 5-fold on year thanks to strong sales from its real estate, Vinfast automobile and Vsmart smartphone businesses......»»
Car PCB maker Dynamic sees order visibility extended to 3Q21
Automotive PCB specialist Dynamic Electronics has seen clear order visibility through the third quarter of 2021, and expects its gross margins in 2021 to be higher than the best performance recorded in third-quarter 2020......»»
Cannabis Co Ascend Wellness Holdings Reports 22% QoQ Growth In Q1 Revenue, Provides Revenue Guidance For 2021
Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE: AAWH.U) reported Tuesday it had generated $66.1 million in the first quarte.....»»
Cannabis Co Ascend Wellness Holdings Reports 22% QoQ Growth In Q1 Revenue, Provides Revenue Guidance For 2021
Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE: AAWH.U) reported Tuesday it had generated $66.1 million in the first quarter of 2021, representing a 21.8% sequential growth. read more.....»»
King County launches $145M rent assistance program
King County broadened its rental assistance program on Tuesday, launching a $145 million expansion that aims to help those who have fallen behind on monthly rent payments due to hardships caused by the Covid-19 pandemic. If households have misse.....»»
A cyclone in India"s western states has complicated efforts to slow down the COVID-19 spread as cases surpass 25 million
India also suffered its deadliest day from the pandemic on Tuesday with 4,329 deaths recorded over the past 24 hours. People wade through a flooded street due to heavy rain caused by cyclone 'Tauktae' in Mumbai on May 17, 2021......»»
EVmo Announces First Quarter 2021 Results with Record Revenue of $2.3M
10,000 car and van expansion; $200 million revenue at scale with 25% EBITDA margin Company to host conference call t.....»»
AWH Announces Q1 2021 Financial Results
Q1 2021 Revenue Increases 21.8% Sequentially to $66.1 Million Adds Five New Dispensaries Since the Beginning of 2021, Including Boston Flagship Location 2021 Revenue Guidance Outlook Issued; .....»»
Chicago VC firm 7wireVentures raises $150M fund
Another Chicago venture capital firm has closed a new fund as the city's tech scene looks to continue its hot streak of deals in 2021. 7wireVentures, a health care-focused VC firm, announced it raised $150 million for its latest fund. The new fund fo.....»»
Agrify Quarterly Revenue Increased 600% to Record $7 million for Q1 2021
Company raises full year 2021 top revenue guidance to $48-50 MillionRevenue increased 60% sequentially from Q4 2020 to Q1 2021Total sales backlog .....»»
Gigabyte posts record 1Q21 profit
Motherboard and graphics card maker Gigabyte Technology saw its net profits hike 150% sequentially to a record high of NT$2.76 billion (US$98.1 million) in the first quarter of 2021, with EPS reaching NT$4.34......»»