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Latest Chip Supply News
May 11, 2023
Credit Suisse CDS Surge as Hedge Funds See Potential Trigger MTN Plans Price Hikes in Some African Markets as Inflation Soars Dollar Dips on CPI; Asia Stocks Outlook Mixed: Markets Wrap Biden’s Plan to Cut Planet-Warming Pollution Spares Most Gas Plants Ukraine Latest: Kyiv Says Allies Preparing New Defense Packages Pakistan Rupee Tumbles to Record as Military to Quell Unrest ECB Says Consumers’ Inflation Expectations Rose Significantly China’s Credit, New Loans Plunge as Worries Over Recovery Mount Nissan Profit Outlook Tops Projections on Improving Chip Supply Eskom Latest: Outages Intensify; Five CEO Candidates Shortlisted ING to Buy Back €1.5 Billion of Shares as Rates Fuel Profit Beat China Asks State Banks to Cut Deposit Rate Ceilings From May 15 El-Erian Says Bank of England Needs Government Help on Inflation Sharp to Supply New Console Displays as Nintendo Switch Awaited European Gas Slips as Stronger Wind Forecast Adds to Low Demand Pakistan Latest: Army Deployed as Imran Khan Arrest Fuels Unrest Singapore’s Property Tax Won’t Be Hurting These Foreign Buyers IMF Says Pakistan Will Scrap Controversial Fuel Subsidy Proposal Man Group Appoints its First Female CEO in 240 Years Owe money to the CRA this tax season? Here are some repayment options PSAC: Will Canada's tax deadline be moved due to the strike? How claiming income from side gigs can lower your tax bill Paper filing is dying but free income tax software lives on: Dale Jackson Tax deadline: Strike not a major issue for most Canadians, expert says 'Give yourself time and space': How to manage your finances during times of grief Experts explain how to cope with money stress Experts share effective ways to tackle student debt As thousands flock to day trading during lockdown, experts urge caution Dual income, no kids: Why some young Canadians are choosing this lifestyle 'Ask a lot of questions' before deciding what to do with your tax refund: experts As Canadians miss out on benefits, Ottawa promises automatic tax filing is on the way Here's a list February inflation rates for Canadian provinces Is your retirement portfolio ready for what's to come? Women more likely to bag $100,000 jobs despite fewer applications Quitting your job? Experts say it's best to have a plan before you do Household debt-to-income ratio edges lower as interest payments expand Canadians making fewer trips to the grocery store as inflation pinches: RBC report With airfares rising, here's how to find a travel deal this year Singapore’s Property Tax Won’t Be Hurting These Foreign Buyers Rolls Royce’s Turnaround Plan Bears Fruit: The London Rush London Has Its Best Year for Super-Prime Property Since Brexit Vote UOB Keeps Most Citi Staff After Southeast Asia Retail Buyout Lower Tokyo Office Vacancies Give Relief to Market After Covid Xi Urges Financial Institutions to Move to New Flagship City Frasers Property’s Profit Climbs on ‘Buoyant’ Singapore Market China’s Weak Industrial Recovery Is Weighing on Coal Consumption Short Seller Marc Cohodes Considers Betting Against US Regional Banks UK Housing Market Shows Signs Downturn Is Coming to an End Brookfield Cuts Value of Property Holdings Amid Market Swoon First Citizens Deposits Beat Estimates in Wake of SVB Deal First Citizens to Halt Originating New General Office Loans New York City-Area Rents Surge by Most in Nearly Two Decades Vonovia Offered Hidden Sweeteners to Get €1 Billion Apollo Deal China Junk Dollar Bonds Hit Five-Month Low as Worries Spread ABN Amro Profit Beats Estimates as Lending Income Increases Tishman Speyer Forms Real Estate Fund With Raffles Family Office Chinese Tycoon’s Luxury HK Home Put Up for Sale by Receiver Credit Suisse CDS Surge as Hedge Funds See Potential Trigger MTN Plans Price Hikes in Some African Markets as Inflation Soars One Person Dead After Shooting at German Mercedes Factory Dollar Dips on CPI; Asia Stocks Outlook Mixed: Markets Wrap Biden’s Plan to Cut Planet-Warming Pollution Spares Most Gas Plants Ukraine Latest: Kyiv Says Allies Preparing New Defense Packages ECB Says Consumers’ Inflation Expectations Rose Significantly China’s Credit, New Loans Plunge as Worries Over Recovery Mount Nissan Profit Outlook Tops Projections on Improving Chip Supply Eskom Latest: Outages Intensify; Five CEO Candidates Shortlisted Emirates Reports $3 Billion Profit on Rapid Travel Rebound Apple Supplier Hon Hai’s Profit Misses Despite iPhone Rebound The $105,000 Lotus Emira Looks Like a Supercar—for Half the Price German Union Calls for Two-Day Train Strike Starting Late Sunday ING to Buy Back €1.5 Billion of Shares as Rates Fuel Profit Beat China Asks State Banks to Cut Deposit Rate Ceilings From May 15 A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes China Warns Brokerages Not to Spread Sensitive Information G-7’s Push Against ‘Economic Coercion’ Has an Audience of One MTN Plans Price Hikes in Some African Markets as Inflation Soars Dollar Dips on CPI; Asia Stocks Outlook Mixed: Markets Wrap Biden’s Plan to Cut Planet-Warming Pollution Spares Most Gas Plants Ukraine Latest: Kyiv Says Allies Preparing New Defense Packages Nissan Profit Outlook Tops Projections on Improving Chip Supply Eskom Latest: Outages Intensify; Five CEO Candidates Shortlisted The $105,000 Lotus Emira Looks Like a Supercar—for Half the Price China Asks State Banks to Cut Deposit Rate Ceilings From May 15 MG Appeals to British Roots With Two-Seater Electric Roadster Honda Profit Outlook Tops Estimates as Supply Constraints Ease European Gas Slips as Stronger Wind Forecast Adds to Low Demand IMF Says Pakistan Will Scrap Controversial Fuel Subsidy Proposal Man Group Appoints its First Female CEO in 240 Years Singapore’s GIC Seen as Frontrunner for $2 Billion Stake in Germany’s Messer Germany to Move Disputed LNG Vessel to Baltic Island Ruegen Cyclone Mocha to Intensify and Move Toward Bangladesh, Myanmar Norway to Raise Oil Wealth Spending to Protect Welfare Services Rolls-Royce Says Transformation Program Lifting Performance Sputtering Bitcoin Trails Stocks and Gold as the Trading Backdrop for Crypto Sours U.S. inflation shows signs of moderating, giving Fed room to pause The Daily Chase: Markets point to flat open; TC Energy pauses construction on parts of pipeline Smoke from Alberta wildfires spreading through Canada and parts of the United States Does unemployment need to go up for inflation to come down? The Daily Chase: Alberta wildfires hit oil production; Suncor beats analyst expectations Canada plans to place King Charles on $20 bill, coins What would a digital Canadian dollar look like? Public input wanted The Daily Chase: Markets point to quiet open; Alberta declares state of emergency It's moving season — here are some ways to cut down costs Bank of Canada might have to rethink rate pause: economists TSX recap: Index finishes 1.5% higher amid gains in energy, technology Canada added 41,000 jobs in April, crushing estimates The Daily Chase: Canada added 41,400 jobs in April; Magna beats analyst expectations Pilots decry industry push for solo flying Bank drama rages on; Apple climbs in late trading Bank of Canada governor says global bank stress may alter rate path The Daily Chase: TD, First Horizon terminate takeover; Shopify cuts jobs U.S. Federal Reserve raises key rate but hints it may pause amid bank turmoil The Daily Chase: Waiting on the Fed; Loblaw reports earnings Ukraine Latest: Kyiv Says Allies Preparing New Defense Packages Poland Blasts Hungary’s Army Chief for WWII ‘Appeasement’ Remark South Korea-Japan Deal Helps Counter Pyongyang, Adviser Says Ukraine Needs More Than a $30 Billion Arsenal for Counterstrike Myanmar Peace Plan Stalls as Asean Sees No Significant Progress Hong Kong Outlet Drops Political Cartoonist After Government Ire Malaysia Plans State Immunity Law to Deter Frivolous Lawsuits Turkish Vote Gives $900 Billion Emerging Market a Comeback Shot South Africa Urges Careful Debate on Option of Introducing BRICS Common Currency UK Fintech Borrowed from Firm Backed by Tycoon With ‘Concerning Ties’ to Russia Europe’s Drought-Riven Future Is Here, Decades Earlier Than Expected Macron Gets Boost as France Extends Lead in Investment Ranking New York City Suspends Shelter Rules as Migrant Numbers Surge Yuan Primed for Losses on Uneven Recovery, Political Tensions Biden to Host State Dinner for India’s Modi on June 22 Xi Urges Financial Institutions to Move to New Flagship City Copper Tax Hike Approved in Chilean Senate, Heads to Lower House Trump Urges Republicans to Get Spending Cuts or Push US Default Trump Maintains False 2020 Election Claims on CNN Town Hall Ukraine Latest: Kyiv Says Allies Preparing New Defense Packages Nissan Profit Outlook Tops Projections on Improving Chip Supply Apple Supplier Hon Hai’s Profit Misses Despite iPhone Rebound G-7’s Push Against ‘Economic Coercion’ Has an Audience of One Sharp to Supply New Console Displays as Nintendo Switch Awaited Honda Profit Outlook Tops Estimates as Supply Constraints Ease Tokyo Electron’s Outlook Disappoints in Bad Sign for Chip Sector Rolls Royce’s Turnaround Plan Bears Fruit: The London Rush Sputtering Bitcoin Trails Stocks and Gold as the Trading Backdrop for Crypto Sours SoftBank Vision Fund Loses $32 Billion on Weak Startup Values Yellen Takes Aim at Russian Sanctions Evasion at G-7 Gathering Vodafone’s Biggest Investor Increases Sway by Joining Board Taiwan’s Apple Suppliers See Sales Woes Continue in April UK Fintech Borrowed from Firm Backed by Tycoon With ‘Concerning Ties’ to Russia US Chip Imports Jump 13% as Supply Lines Shift Apple Is Now the Only Major Phone Brand Without a Foldable Model Head of New Lithium Giant to Focus on Supply Chain for Americas Microsoft Freezes Salaries to Navigate Economic Uncertainty Xi Urges Financial Institutions to Move to New Flagship City The U.S. Fed is failing in four ways: Mohamed A. El-Erian Apple, JPMorgan turn to pay now grow later Remote Working Boom Is Huge for College Towns Like Knoxville Walmart flashes a warning sign to the entire consumer economy: Andrea Felsted Millennials are finally spending like grown-ups Dismal U.S. GDP report raises the odds of recession this year: Gary Shilling Musk is wrong for Twitter even if deal math works out Chocolate bunnies can teach us to save our food supply The Fed has made a U.S. recession inevitable America's oil reserve weapon risks misfiring Four-day workweeks can burn you out U.S. Fed expects a soft landing. Don't count on it Markets are pushing Fed into developing-economy territory Commodity traders go from bonanza to bailout plea Putin's war shows West must clean up dirty money Salary transparency is good for everyone Microsoft's US$69B Activision deal could be a blunder What if the oil market bulls are wrong and this lonely bear is right? Canada's trucker protest may spread from Ottawa to U.S. The Number of Climate Funds Out There Has Exploded Vanguard’s Trillion-Dollar Man Controls as Much US Debt as China ECB Criticizes Bank Industry for Still Being a ‘Man’s World’ Bill Gross Advises Buying T-Bills to Bet Debt-Ceiling Issues Will Be Resolved ETF Issuers Are Losing Tolerance for ESG as Closures Surge Fast-Money Quants, Human Traders Most Split on Stocks Since 2019 Preferreds Get Burned in Historic Rout Spreading From Banks Wild Week in Banks Sends Indexes of Cross-Asset Tumult Spinning ‘No One Wants to Be Short’ Into Weekend Is Mantra Driving Bank Rally Short Sellers Flocking to US Banks Are Risking a Painful Squeeze PacWest Says in Discussion With Several Potential Investors Regional Banks Sink as PacWest Weighs Strategic Options US Regional Banks Slump as Rout Deepens on First Republic Flop U.S. stocks drop as Powell signals no Fed cuts for now Turkey’s $1 Billion ETF Maneuver Can’t End Stock Bear Market Morgan Stanley, UBS Pick Bonds Over Stocks on Recession Risk Shorts of China-Heavy Emerging-Market ETF Rise Above $1 Billion Wall Street Rattled by Selloff, Trading Halts at Two Small Banks Bid to Launch ETFs That Aim to Double Tesla’s Famous Volatility Filed With SEC BCE You are now being redirected to the BCE.ca website (Bell Canada Enterprises), where you can view our Accessibility plan, and submit your feedback using our Accessibility webform. Supriya Singh, Bloomberg News Nissan Motor Co. Sakura electric vehicles during a test driving event in Tokyo, Japan, on Monday, April 17, 2023. Renault SA is set to cut its holding in Nissan to 15% from 43%, while Nissan intends to take a stake of as much as 15% in Renault’s EV business, Ampere. , Bloomberg (Bloomberg) -- Nissan Motor Co. forecast operating profit for the current fiscal year that exceeded analyst projections, as the Japanese carmaker gets costs under control while expanding output, thanks to improving supplies of semiconductors. Operating profit will be ¥520 billion ($3.9 billion) for the period through March 2024, the Yokohama-based company said Thursday. That compares with the average estimate for ¥402.8 billion. Sales should be ¥12.4 trillion, more than the ¥11.2 trillion the market is looking for. Nissan embarked on a cost-cutting plan three years ago and shifted its focus toward making more money from each car it sells, departing from the high-volume strategy embraced by former Chairman Carlos Ghosn. The question now is whether the auto manufacturer can expand production and profitability while rolling out new electric vehicles, especially for buyers in China and the US. “Nissan used to sell its cars at a discount but it doesn’t have to discount anymore,” said Seiji Sugiura, an analyst at Tokai Tokyo Research Institute Co. “They’re actually raising their prices tremendously, so that’s more beneficial.” For the fiscal year that ended in March, operating profit was ¥377 billion on sales of ¥10.6 trillion, in line with the company’s guidance issued last month, as well as analyst estimates. New Fall Plan For the current fiscal year, Nissan is looking to produce 4 million units, in line with its existing sales target. That still falls short of the company’s goal of reaching 80% of its production capacity of 5.4 million units. Nissan sold 3.3 million cars in the latest financial year. It lowered its global vehicle sales target to 3.4 million units from 3.7 million units in February. “The prolonged shortage of semiconductors and tight supply of parts due to the shutdown in China had a sizable impact on production plans and vehicle supply,” the company said in Thursday’s statement. The automaker also fell shy of its target of reaching a 5% operating margin for the just-ended fiscal year. Chief Executive Officer Makoto Uchida is planning to announce a new mid-term growth plan in the fall. China Woes For the fourth quarter, retail unit sales increased in the US and more slightly in Japan from a year earlier, but plummeted in China, affected by a scale-down of incentives by the Chinese government. “The company is struggling in China, not just due to the pandemic but the price war that started in the first quarter,” Uchida said. “I was in China three weeks ago after three and a half years. I was much impressed by the speed and the change of the market.” Uchida added that BYD Co., the Chinese carmaker that only makes electric and hybrid vehicles, was “very aggressive.” “I test drove their vehicles and their quality is becoming better,” he said. “I felt a very strong threat and their pricing level is very low. What we have to consider moving forward, especially in the mid-term plan, is how we can kind of re-transform the China operation. There is a sense of urgency there.” Nissan and its long-time partner and shareholder Renault SA revamped their alliance earlier this year, seeking to work on new projected while rebalancing their shareholding structure. As a result, Renault plans to reduce its stake in the Japanese carmaker to 15% from 43%. Nissan shares closed down 0.3%, trimming gains for the year to 21%. (Updates with CEO comments throughout) ©2023 Bloomberg L.P.
Chip Supply Frequently Asked Questions (FAQ)
Where is Chip Supply's headquarters?
Chip Supply's headquarters is located at 7725 N. Orange Blossom Trail, Orlando.
What is Chip Supply's latest funding round?
Chip Supply's latest funding round is Acquired.
Who are the investors of Chip Supply?
Investors of Chip Supply include Micross.
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