You can turn any ingredient into a dressing to put on your favorite salad.
You can turn any ingredient into a dressing to put on your favorite salad.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co., the world’s No. 1 maker of advanced silicon, reported better-than-expected profit as global companies from carmakers to PC suppliers scramble for chips.Net income for the January-March period climbed 19% to NT$139.7 billion ($4.9 billion), versus the average analyst estimate of NT$136.2 billion. Gross margin for the quarter eased to 52.4% from 54% in the three months prior, due in part to relatively lower levels of utilization and exchange-rate fluctuations. Surging demand for the chips that power Apple Inc.’s iPhones, smart televisions and connected cars has thrust TSMC into the center of a global supply chain crunch that has idled auto plants and fueled a shortage of popular consumer products like game consoles. While Taiwan’s largest chipmaker has kept its fabs running at “over 100% utilization,” the firm doesn’t have enough capacity to satisfy all its customers and it has pledged to invest $100 billion over the next three years to expand.“TSMC is likely to achieve a CAGR (compound annual growth rate) of 15% with its $100 billion capex spending over the next three years due to better-than-expected longterm semiconductor demand,” Cathay Futures analyst Felix Hsu said in a note dated April 7, adding he expects the chipmaker’s second-quarter guidance to beat consensus.With major American carmakers and other gadget suppliers facing a prolonged shortage of chips, U.S. President Joe Biden has proposed $50 billion to bolster semiconductor research and manufacturing at home. The initiative could aid TSMC’s plan to build a cutting-edge fab in Arizona this year that could cost $12 billion.First-quarter revenue rose 17% to NT$362.4 billion, according to a company statement last week. Shares of TSMC have more than doubled over the past year. The stock advanced 1.1% on Thursday, before the company reported earnings.TSMC’s most-advanced technologies continued to account for nearly half of revenue, with 5-nanometer and 7-nanometer processes contributing 14% and 35% of sales, respectively. By business segment, TSMC’s smartphone business amounted for about 45% of revenue, while high-performance computing increased to more than a third, reflecting sustained demand for devices even as economies start to emerge from the pandemic.Semiconductor shortages are cascading through the global economy. Automakers like Ford Motor Co., Nissan Motor Co.and Volkswagen AG have already scaled back production, leading to estimates for more than $60 billion in lost revenue for the industry this year.The situation is likely to get worse before it gets better. A rare winter storm in Texas knocked out swaths of U.S. production. A fire at a key Japan factory will shut the facility for a month. Samsung Electronics Co. warned of a “serious imbalance” in the industry, while TSMC itself has said it can’t keep up with demand despite running factories at more than 100% of capacity.Read more: See How a Chip Shortage Snarled Everything From Phones to Cars(Updates with details on gross margin in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
A fourth night of protests was underway in Minnesota and throughout the nation Wednesday over the fatal shooting of Daunte Wright by police.
Dozens of entities may be targeted over attacks including alleged interference in the 2020 elections.
The bank has already recruited hundreds for an ambitious venture in China as it pivots more towards Asia.
An unconventional buzzer-beating 3-pointer by Luka Doncic lifted the Mavericks over the Grizzlies in Memphis.
Bradley Beal had the Kings feeling some type of way Wednesday night.
Representative Liz Cheney (R-WY) once again laid bare her feelings toward former President Donald Trump when she appeared on Your World With Neil Cavuto on Wednesday. Since January 6, Cheney has been vocal about the role she believes Trump played in causing the violent insurrection that day. In fact, she was part of a small contingent of Republicans to vote in favor of Trump’s second impeachment because of the events of January 6. On Wednesday, she once again left no doubt where she stands. “I’ve been very clear about my views of what happened on January 6, about my views of the president’s culpability,” Cheney said. “I obviously voted to impeach him. I think that it was the gravest violation of an oath of office by any president in American history, and I’m gonna continue to make sure people understand that.” Given how outspoken Cheney has been against Trump over the last few months, it was surprising how shocked Cavuto appeared to be when she bluntly rejected the possibility of supporting Trump if he were to be the GOP nominee for president in 2024. “If Donald Trump were the 2024 nominee, would you support him?” Cavuto asked. “I would not,” Cheney replied without hesitation. Cavuto appeared stunned before responding with a slow, “Okay.”
Life is difficult in North Korea but there is no famine and some cross-border shipments may resume soon, Russia's ambassador in Pyongyang said, a week after North Korean leader Kim Jong Un declared the country was facing a "worst-ever situation." Kim last week urged ruling party officials to wage another “Arduous March” of work and sacrifice, linking the current economic crises to a period in the 1990s of famine and disaster. Russia's ambassador, one of the few foreign envoys in the country, said that while it was unclear exactly what Kim meant the current situation could not be compared to that period.
Swiss drugmaker Novartis has signed a deal to make ingredients for Roche's Actemra treatment that is being repurposed for people with COVID-19, the company said on Thursday. The arrangement is the third transaction signed by Novartis following agreements with BioNTech and CureVac to make therapies for other firms to help fight the pandemic. Actemra is a treatment for rheumatoid arthritis which is also being tested in various clinical trials to treat COVID-19 associated pneumonia.
Riders cashed out one-off IPO bonus payments, only to be told they had been overpaid and had to give some of it back
* Russian rouble drops more than 1% on reports of U.S. sanctions * Euro hits four-week top to dollar with U.S. yields subdued * Commodity-linked Aussie and kiwi reach three-weak peaks * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Hideyuki Sano and Kevin Buckland TOKYO, April 15 (Reuters) - The U.S. dollar sank to a new four-week low versus major peers on Thursday as Treasury yields pulled back from last month's surge, with investors increasingly convinced by the Federal Reserve's arguments that interest rates will stay low for some time. The Russian rouble sank more than 1% to 76.65 per dollar on reports the U.S. will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity.
In new photos released on Wednesday, we see the main cast return for the show's second season at Netflix.
15 April 2021 Below please find average gross operated production in March 2021 and corresponding numbers for February 2021. IOX operatedMarch 2021February 2021 Boepd(1)Bopd (2)Boepd(1)Bopd (2)Colombia873603885612Argentina (3)2,6913382,545279 Barrels of oil equivalents per dayBarrels of oil per dayOperated by Selva Maria Oil on behalf of IOX until local authorities approves operator’s licence. Comments Total daily average oil production increased by 5.6 percent to 941 bopd in March compared to February, driven mainly by an increase in output from the Mata Magallanes Oeste (MMO) field, where minor repairs of surface equipment were undertaken in March. The workover rig which will be engaged in the work to reopen the first 15 wells at MMO, has been inspected, certified, and accepted by Interoil. In Colombia, the Vikingo well flowed steadily through the month, while production from the mature Puli C field continued to decline, resulting in a reduction in daily output of around 1.5 percent. As stated before, a pulling rig will be used to repair equipment in several Puli C wells in an effort to restore production at this field. Drilling of the Mazorca well in the Altair field is somewhat delayed due to protracted negotiations with local communities, which is undertaken in consultation with authorities. *************************** Please direct further questions to firstname.lastname@example.org Interoil Exploration and Production ASA is a Norwegian based exploration and production company - listed on the Oslo Stock Exchange - with focus on Latin America. The Company is operator and license holder of several production and exploration assets in Colombia and Argentina. Interoil currently employs approximately 50 people and is headquartered in Oslo. The notice has been published by Mr. Geir Arne Drangeid, Partner and Senior Advisor, First House AS, at 07:45 CEST, 15 April 2021. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) reported a 19.4% rise in first-quarter profit that beat market expectations on strong global chip demand for the world's top contract chipmaker. TSMC, whose clients include Apple Inc and Qualcomm Inc, had already flagged "multiple years of growth opportunities" as the COVID-19 pandemic fuelled demand for advanced chips to power devices such as smartphones and laptops. The Taiwanese company's business was further boosted by a global shortage of semiconductor chips that initially forced automakers to cut production, but is now also hurting manufacturers of smartphones, laptops and even appliances.
Myanmar security forces opened fire on Thursday on a pro-democracy protest by medical workers in the city of Mandalay, and during more shooting in a nearby area one man was killed and several were wounded, media reported. Opponents of a Feb. 1 coup that ousted an elected government led by Nobel peace laureate Aung San Suu Kyi have kept up their campaign against the military this traditional New Year week with marches and other displays of resistance. Medical workers, some of whom have been at the forefront of the campaign against the coup, gathered in the second city of Mandalay early but troops soon arrived to disperse them, opening fire and detaining some people, the BBC's Burmese-language service said.
The FTSE 100 was set to make modest gains today amid talk that so-called “value” stocks such as banks and energy companies are set to build on their strong recent gains. Value stocks are those generally unloved companies in old fashioned sectors with strong profit potential whose share prices have been left behind in the rush for hotter industries. Since the vaccine breakthroughs last October, value stocks have risen consistently and dramatially.
The U.S. Chamber of Commerce said it is backing Democratic senators Joe Manchin and Kyrsten Sinema with campaign contributions, rewarding them for their opposition to some of President Joe Biden's legislative initiatives and for trying to work with Republicans. In disclosures made public on Thursday, the Chamber said its political action committee during the first quarter made about $17,000 worth of contributions to the two senators and nine house members.
A BBC team meets the Taliban, a group that clearly sees itself as Afghanistan's government-in-waiting.
Yuka Saso and Brittany Altomare shared the lead in the opening round of the LPGA Lotte Championship on Wednesday, finishing atop a tight leaderboard that also includes Canadian Brooke Henderson in search of her third straight title.
Die Gesamteinnahmen in Quartal 1/2021 betrugen EUR 3,8 Millionen (Quartal 1/2020: EUR 2,9 Millionen)Starke Verbesserung der Cash-Position im ersten Quartal des Jahres 2021Book-to-Bill-Verhältnis weiterhin über eins Deventer, 15. April 2021 - RoodMicrotec N.V., ein führendes unabhängiges Unternehmen für die Lieferung von Halbleitern und Qualitätsdienstleistungen, veröffentlicht heute sein Quartalsupdate für das erste Quartal 2021. Die Gesamteinnahmen für das Quartal betrugen 3,8 Millionen Euro. Dies sind 31% höhere Gesamteinnahmen als im ersten Quartal 2020. Dieses Umsatzwachstum ist auf ein insgesamt starkes Lieferniveau sowie ein außergewöhnlich hohes Niveau an unfertigen Leistungen (0,5 Millionen Euro) für SCM-Projektvorbereitungen zurückzuführen. Dies geschieht, um die Lieferkette während einer geplanten Verlagerung eines Assemblers zu managen und die weiteren Lieferungen dieser Produkte für den Rest des Jahres 2021 sicherzustellen. "Wir setzen unsere strenge Kontrolle der Betriebskosten fort und freuen uns, dass sich die Cash-Position zum Ende des ersten Quartals im Vergleich zu Ende 2020 weiter verbessert hat", sagt Martin Sallenhag, CEO der RoodMicrotec. "Es ist auch sehr ermutigend zu sehen, dass die Nachfrage unserer Kunden weiterhin hoch ist, was zu hohen Gesamteinnahmen und einem Book-to-Bill-Verhältnis von über eins führt." Die COVID-19-Situation wirkt sich immer noch auf das Geschäft der RoodMicrotec aus, aber die Nachfrage unserer Kunden ist wieder auf einem vernünftigen Niveau. RoodMicrotec hält die sehr strenge Kontrolle der Personal- sowie der Betriebskosten aufrecht. Diese werden bis ins Detail überprüft und nur absolut notwendige Kosten für die Erbringung unserer hochwertigen Dienstleistungen an die Kunden werden genehmigt. In den operativen Abteilungen sind noch genügend Kapazitäten vorhanden, so dass in naher Zukunft keine zusätzlichen Investitionen notwendig sind. Ausblick Derzeit ist es noch nicht möglich, die Dauer der Beeinträchtigungen der COVID-19-Pandemie oder die Auswirkungen der zunehmenden Zahl an Infektionen in Europa oder die Auswirkungen der weltweiten Logistiksituation zu prognostizieren. Aus heutiger Sicht erwartet RoodMicrotec im Jahr 2021 Gesamteinnahmen in der Größenordnung von 12,8 bis 13,4 Millionen Euro. Das Ergebnis vor Steuern im Jahr 2021 wird voraussichtlich im Bereich von 2% bis 4% der Gesamteinnahmen liegen. Audit Die finanziellen Daten in dieser Pressemitteilung wurden nicht auditiert. Über RoodMicrotec RoodMicrotec ist ein führender unabhängiger Anbieter von Halbleiterbauelementen und Qualitätsdienstleistungen. Mit mehr als 50 Jahren Erfahrung in der Halbleiter- und Elektronikindustrie ist RoodMicrotec als geschätzter Partner für viele Unternehmen weltweit etabliert. Das Unternehmen bietet Full-Turnkey-ASIC-Services für hochkomplexe Mikrochips, die vollständig auf die spezifischen Anwendungen einzelner Kunden zugeschnitten sind. In Zusammenarbeit mit starken Partnern steuert RoodMicrotec den gesamten Entwicklungs- und Produktionsfluss der ASICs in der gewünschten Stückzahl, von kleinen Mengen bis hin zu mehreren Millionen Stück pro Jahr. Die schlüsselfertige Lösung umfasst Projektmanagement, Wafertest, Montage, Endtest, Qualifikation, Logistik und Fehleranalyse. Alle Dienstleistungen entsprechen den Industrie- und Qualitätsanforderungen der Branchen Hochzuverlässigkeit, Luft- und Raumfahrt, Automotive, Gesundheitswesen und Industrie. Der Hauptsitz von RoodMicrotec befindet sich in Deventer, Niederlande, mit operativen Einheiten in Nördlingen und Stuttgart, Deutschland.Für weitere Informationen besuchen Sie unsere Webseite https://www.roodmicrotec.com Ergänzende Informationen Martin Sallenhag - CEO, Arvid Ladega - CFOTelefon: +31 570 745623 Email: email@example.com Web: www.roodmicrotec.com Diese Pressemitteilung wird in Englisch und Deutsch publiziert. Sollten Unterschiede in den Versionen bestehen, dann hat die englische Fassung Gültigkeit. Attachment 2021 04 15_RoodMicrotec-Trading Update Q1-2021_E