Profit

16 Articles
Taiwan’s TSMC says net profit rose 60.3% in first quarter
Tech

Taiwan’s TSMC says net profit rose 60.3% in first quarter

TSMC said its net profit for the first three months of 2025 rose 60.3 percent from a year ago. Taiwanese chipmaking titan TSMC...

Chinese EV battery giant CATL posts 33% surge in Q1 profit
Tech

Chinese EV battery giant CATL posts 33% surge in Q1 profit

Chinese firm CATL produces electric vehicle batteries for major brands including Volkswagen, Tesla, Mercedes-Benz and BMW. The world’s leading maker of electric vehicle...

China’s BYD forecasts record first-quarter net profit
Tech

China’s BYD forecasts record first-quarter net profit

Credit: Unsplash/CC0 Public Domain Chinese electric vehicle giant BYD expects to see record profits in the first quarter of the year, according to...

Taiwan tech giant Foxconn’s 2024 profit misses forecasts
Tech

Taiwan tech giant Foxconn’s 2024 profit misses forecasts

Credit: CC0 Public Domain Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets underperformed, although...

Profit over privacy? Google gives advertisers more personal info in major ‘fingerprinting’ U-turn
Tech

Profit over privacy? Google gives advertisers more personal info in major ‘fingerprinting’ U-turn

Google has reversed its policy on ‘fingerprinting’ ‘Fingerprinting’ is a technique used to collect personal user data Users have very little say over...

“A tracking cookie farm for profit” – report claims reCAPTCHA has caused 819 million hours of wasted human time, and billions in Google profits
Tech

“A tracking cookie farm for profit” – report claims reCAPTCHA has caused 819 million hours of wasted human time, and billions in Google profits

reCAPTCHA tests are not particularly effective at blocking security threats, research claims Security tests are also costing millions of hours in lost time...

Nintendo cuts net profit forecast as Switch sales slow
Tech

Nintendo cuts net profit forecast as Switch sales slow

Nintendo cut its net profit forecast after sales for its Switch console fell in the first three quarters. Japanese video game giant Nintendo...

Stablecoin issuer Tether says profit was  billion last year
Tech

Stablecoin issuer Tether says profit was $13 billion last year

Credit: CC0 Public Domain Tether Holdings Ltd., the stablecoin issuer that was pulled into the spotlight this week during the confirmation hearing for...

Samsung operating profit hit by R&D spending, fight to meet chip demand
Tech

Samsung operating profit hit by R&D spending, fight to meet chip demand

Samsung’s operatng profit sank in the fourth quarter. The operating profit of South Korean tech giant Samsung Electronics sank almost a third in...