EUR/USD 1.18646
-0.078%
Gold 5015.84
-0.332%
Oil 62.454
-0.225%
USD/JPY 153.581
0.543%
GBP/USD 1.36434
-0.090%
GBP/JPY 209.537
0.451%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On February 16, CICC released a research report stating that it is optimistic about the iteration of Zhipus (02513.HK) base model capabilities and the realization of coding scenarios. It benchmarks the valuation of leading overseas model companies and gives the company an "Outperform" rating and a target price of HK$688.February 16th - According to the Ministry of Transport, on Lunar New Years Eve, February 16th, the total number of inter-regional passenger trips is estimated at 222.57 million, an increase of 8.9% compared to the same period last year. The 2026 Spring Festival travel rush began on February 2nd, and today marks its 15th day, more than halfway through. Data shows that in the past half month of the Spring Festival travel rush, the total number of inter-regional passenger trips is estimated at 3,509.342 million, with a daily average of 233.956 million, an increase of 4% compared to the same period in 2025.On February 16th, Alibaba quietly launched two new models, Qwen3.5-Plus and Qwen3.5-397B-A17B, on the chat.qwen.ai page this afternoon. Qwen3.5-Plus is positioned as the latest large language model in the Qwen3.5 series, while Qwen3.5-397B-A17B is positioned as the flagship large language model in the Qwen3.5 open-source series. Both models support text and multimodal tasks.Shijiazhuang Pharmaceutical Group (02005.HK): Preliminary estimates suggest that the profit attributable to equity holders of the company will decrease by 45% to 60% year-on-year in 2025, compared to HK$1.061 billion in 2024.February 16 - A diplomatic source in Geneva, Switzerland, stated that negotiations on the Ukraine issue and the Iran issue will be held simultaneously in Geneva on February 17, with the Iran negotiations to be mediated by Oman.

Panasonic Anticipates A Rise in Global Automobile Production This Fiscal Year

Aria Thomas

Jun 01, 2022 14:49

2.png


Panasonic (OTC:PCRFY) Holdings Corp, which manufactures batteries for Tesla (NASDAQ:TSLA) and other automakers, stated on Wednesday that it anticipates a recovery in global vehicle production this fiscal year, but that the two-year semiconductor shortage will persist.


Masashi Nagayasu, CEO of the Japanese conglomerate's automotive business, which manufactures in-car infotainment systems and other auto components, stated, "We will operate our business in consideration of the risks of fluctuations in vehicle manufacturing."


Nagayasu stated on the first day of Panasonic's annual investor event that the company has no plans to produce automobiles.


Panasonic, whose automotive division accounts for approximately 14 percent of its entire revenue, anticipates a 19 percent increase in sales for the fiscal year ending in March 2023. It anticipates an operational profit increase of roughly 17 percent.


Due to component shortages caused by COVID-19 lockdowns in China and higher commodity prices as a result of Russia's invasion of Ukraine, the company stated last month that it did not anticipate a profit increase for this fiscal year.


(This item corrects the firm name in paragraph 1 to Panasonic Holdings Corp from Panasonic Corp, and the sales growth forecast in paragraph 4 to 19 percent from 10 percent, and the operating profit forecast to nearly 17 percent from 15 percent decline.)


Suggestion