Silicon

EQS-News: PVA TePla with strong annual results: Sales and earnings in fiscal year 2023 again above forecast

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Wednesday, April 10, 2024
EUR, Tax, Growth, Research, PVA, Capital market, Depreciation, Silicon, Lithium

PVA TePla with strong annual results: Sales and earnings in fiscal year 2023 again above forecast

Key Points: 
  • PVA TePla with strong annual results: Sales and earnings in fiscal year 2023 again above forecast
    The issuer is solely responsible for the content of this announcement.
  • PVA TePla with strong annual results: Sales and earnings in fiscal year 2023 again above forecast
    Group sales grow from EUR 205.2 million to EUR 263.4 million, an increase of 28 %
    Group EBITDA increases by an over-proportional 38 % to EUR 41.5 million.
  • Within the next five years, the sales volume is expected to almost double to around EUR 500 million.
  • At EUR 278.3 million (previous year: EUR 324.3 million), PVA TePla Group's order backlog remained at a high level.

Setting A New Security Benchmark: Kudelski IoT's Semiconductor Alliances Redefine IoT Provisioning

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Wednesday, April 10, 2024
Control, Silicon Labs, Consumer electronics, Medical device, Connectivity Standards Alliance, Original equipment manufacturer, Internet of things, Library, Embedded, FOTA, Laboratory, Senior, Kudelski Group, Kudelski, Silicon, OEM, Home automation, Cloud computing, STMicroelectronics, Automation, PKI, Integrated circuit, Video game

Setting A New Security Benchmark: Kudelski IoT's Semiconductor Alliances Redefine IoT Provisioning

Key Points: 
  • Setting A New Security Benchmark: Kudelski IoT's Semiconductor Alliances Redefine IoT Provisioning
    Premier integration with Microchip, and collaborative partnerships with ST Microelectronics, Infineon, and Silicon Labs radically simplify a critical IoT security requirement.
  • Kudelski IoT libraries are integrated with semiconductor partner tools to enable device manufacturers to personalize their products in the factory or in the field.
  • Hardy Schmidbauer, Senior Vice President at Kudelski IoT, said, “For many IoT device manufacturers, security provisioning is today a laborious manual process that is prone to error, seriously compromising the security of individual devices, or even of a manufacturer’s whole chain of security.
  • By partnering with top IC manufacturers, Kudelski IoT is making provisioning a simpler, more automated, and secure process than ever before.

GCL Tech Officially Cease to Hold Equity Interest in Xinjiang Goens Committed to Transformation of Embracing the Granular Silicon Technology

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Wednesday, April 10, 2024
Fluidized bed reactor, Learning, Finance, News, GCL, FBR, Silicon, Security (finance)

GCL Tech also publicly addressed many times its strategy of gradually phasing out the Siemens rod silicon production capacity.

Key Points: 
  • GCL Tech also publicly addressed many times its strategy of gradually phasing out the Siemens rod silicon production capacity.
  • As an associated company of GCL Tech, Xinjiang Goens (formerly known as Xinjiang GCL New Energy Material Technology Co., Ltd.) was established in 2016.
  • On December 29, 2023, GCL Tech made a public statement to announce that Jiangsu Zhongneng had disposed of its equity interest in Xinjiang Goens.
  • Positioning well as the polysilicon industry leader, GCL Tech has demonstrated its determination and confidence in fully embracing the FBR granular silicon technology.

EQS-News: Porsche and Applied Intuition announce joint developments

Retrieved on: 
Wednesday, April 10, 2024
Development, SIL, Entrepreneurship, HIL, Partnership, Volkswagen, AI, Software, Silicon, Intuition

Porsche AG and Applied Intuition, a Silicon Valley-based vehicle software supplier, announced a strategic partnership today.

Key Points: 
  • Porsche AG and Applied Intuition, a Silicon Valley-based vehicle software supplier, announced a strategic partnership today.
  • The common goal is the joint development in different fields of automotive software while maintaining software ownership and reducing dependencies on black-box suppliers.
  • “Software and AI development is very different from traditional hardware-driven automotive development,” said Qasar Younis, Co-Founder and CEO of Applied Intuition.
  • The collaboration with Applied Intuition has enabled Porsche to design the software of its future vehicles with specific customer solutions and integrates seamlessly into Porsches successful value-enhancing investments into technology.

EQS-News: Siltronic ends wafer production for 'small diameters'

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Wednesday, April 10, 2024
Frankfurt Stock Exchange, Growth, Supervisory board, CFO, MDAX, Research, Wind, Computer, News, Silicon, TecDAX, Workforce, WAF, Management

Munich, March 22, 2024 – Siltronic AG (MDAX/TecDAX: WAF) plans to gradually cease production of polished and epitaxial small diameter wafers at its Burghausen site.

Key Points: 
  • Munich, March 22, 2024 – Siltronic AG (MDAX/TecDAX: WAF) plans to gradually cease production of polished and epitaxial small diameter wafers at its Burghausen site.
  • Siltronic currently produces wafers with a diameter of 300 mm, 200 mm and wafers with smaller diameters (SD) of up to 150 mm.
  • "SD wafer production at Siltronic originated in Burghausen in 1968.
  • As one of the leading wafer manufacturers, Siltronic is globally oriented and operates production sites in Asia, Europe, and the USA.

EQS-News: Fiscal year 2023: Profitability and cash flow exceeded expectations

Retrieved on: 
Wednesday, April 10, 2024
Annual, Forecasting, Growth, Supervisory board, Capital expenditure, Friedrich Nietzsche, Public expenditure, Capital, Software, Bank statement, Vitesco Technologies, Investment, Silicon, Renewable energy

Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, is today publishing its consolidated financial statements for fiscal year 2023.

Key Points: 
  • Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, is today publishing its consolidated financial statements for fiscal year 2023.
  • Thanks to improved profitability and despite higher investments and the financial burden from the contract manufacturing business with Continental, free cash flow amounted to €84.9 million in fiscal year 2023 (2022: €123.2 million).
  • CFO Sabine Nitzsche: “We fully achieved – and in some cases exceeded – our published guidance for all of the main financial KPIs.
  • The company is also forecasting a negative free cash flow of around €350 million in 2024, owing mainly to negative effects from reduced contract manufacturing activities and the repayment of start-up financing to Continental.

EQS-News: SGL Carbon achieves annual targets for 2023 and invests more in growth markets

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Wednesday, April 10, 2024
Carbon, Carbon fibers, Uncertainty, Face, Growth, Environment, CFO, Pension, Standstill, SGL, Sale, Graphite, CS, SGL Carbon, Wind, Silicon, ROCE, Investment, Annual report, Depreciation, GS, LED, Corporation

The contribution of the individual business units to SGL Carbon's adjusted EBITDA reflects the sales development already described.

Key Points: 
  • The contribution of the individual business units to SGL Carbon's adjusted EBITDA reflects the sales development already described.
  • The projected operating loss of CF will have a negative impact on the adjusted EBITDA of the SGL Carbon Group in 2024.
  • We will continue to expand production capacities in this sector to secure future profitable growth for SGL Carbon.
  • Further details on business development in 2023 and the outlook for 2024 can be found in SGL Carbon's Annual Report.

EQS-News: centrotherm international AG: Preliminary Group figures for 2023 confirm positive business development; Management Board examines strategic financing options to accelerate further growth

Retrieved on: 
Wednesday, April 10, 2024
EUR, Annual, Growth, Environment, Intelligence, Research, Overalls, Blaubeuren, Annual general meeting, Investment, Annual report, The Annual Report, Silicon, Management

centrotherm international AG: Preliminary Group figures for 2023 confirm positive business development; Management Board examines strategic financing options to accelerate further growth

Key Points: 
  • centrotherm international AG: Preliminary Group figures for 2023 confirm positive business development; Management Board examines strategic financing options to accelerate further growth
    The issuer is solely responsible for the content of this announcement.
  • centrotherm international AG: Preliminary Group figures for 2023 confirm positive business development; Management Board examines strategic financing options to accelerate further growth
    Blaubeuren, March 14, 2024 - centrotherm international AG today published preliminary, unaudited figures for the 2023 financial year in an ad hoc announcement.
  • In contrast, EBITDA is expected to reach the forecast of a positive EBITDA in the low double-digit million range at EUR 19 million.
  • Based on these positive preliminary business figures for 2023, the Executive Board believes that its strategy has been confirmed overall and has therefore decided today to examine strategic financing options.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Innodata Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - INOD

Retrieved on: 
Sunday, April 7, 2024
Titan, Growth, Plaintiff, Research, Class, AI, Silicon, Goldengate, Advertising, Court, Artificial intelligence

WHAT TO DO NEXT: To join the Innodata class action, go to https://rosenlegal.com/submit-form/?case_id=22655 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Innodata class action, go to https://rosenlegal.com/submit-form/?case_id=22655 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ROSEN, A LEADING LAW FIRM, Encourages Innodata Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - INOD

Retrieved on: 
Wednesday, April 3, 2024
Titan, Growth, Plaintiff, Research, Class, AI, Silicon, Goldengate, Advertising, Court, Artificial intelligence

WHAT TO DO NEXT: To join the Innodata class action, go to https://rosenlegal.com/submit-form/?case_id=22655 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Innodata class action, go to https://rosenlegal.com/submit-form/?case_id=22655 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.