Wednesday, July 26, 2023

Apple supplier Corning Q3 revenue forecast hit by consumer electronics slump

Corning has moved aggressively this year to cut down on costs to make up for the slump in its main markets, which, combined with earlier price hikes, has helped the company to still expand its core gross margin by 100 basis points to 36.2%.

from Tech-Economic Times https://ift.tt/x83CdMJ

No comments:

Post a Comment

Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...