Data I/O Reports Second Quarter 2023 Results
Automotive Electronics Momentum Drives 32% Growth in Bookings From First Quarter 2023 Significant Year-over-year Increases in Sales and Profits REDMOND, Wash.–(BUSINESS WIRE)–Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced financial results for the second quarter ended June 30, […]
Westlake Financial’s Visorbot is Shaping the Future of Auto Financing
LOS ANGELES–(BUSINESS WIRE)–In the ever-evolving landscape of auto finance, Westlake Financial is setting the pace. Every day Westlake’s Visorbot, a proprietary AI and machine learning tool, astoundingly computes 800,000 applications. In a single month, that amounts to 24 million loan computes. Among these applications, approximately 50,000 contracts are funded each month, representing 0.2% of total […]
ECM Unveils Premium Efficiency, Ultra-light, Next Gen, PCB Stator Pump Motor
The three horsepower, printed circuit board stator, axial flux machine offers a sustainable solution for pump systems via greater power, efficiency, and durability in a smaller package. NEEDHAM, Mass.–(BUSINESS WIRE)–#AxialFlux–Electric motor design and software company, ECM PCB Stator Technology, leveraged its patented printed circuit board stator technology and its proprietary Motor CAD platform, PrintStator, to […]
J.D. Power-GlobalData U.S. Automotive Forecast for July 2023
New-Vehicle Sales up 21.5% in July, Marking Fourth Consecutive Month of Double-Digit Growth TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Total Sales Forecast Total new-vehicle sales for July 2023, including retail and non-retail transactions, are projected to reach 1,320,982 units, a 21.5% increase from July 2022, according to a joint forecast from J.D. Power and GlobalData. Total […]
Tula Technology to Participate in J.P. Morgan Auto Conference
SAN JOSE, Calif.–(BUSINESS WIRE)–#DMD–Tula Technology, Inc., a leader in propulsion efficiency, will present at the J.P. Morgan Auto Conference in New York, N.Y., on Thursday, Aug. 10, at 11:45 a.m. ET. Tula President & Chief Executive Officer R. Scott Bailey will be the speaker. The subject of Bailey’s presentation will be Dynamic Motor Drive (DMD®), […]
