Work on the Wi-Fi 7 standard will be completed by the Wi-Fi Alliance in the first quarter of 2024, according to a new Alliance subpage via Linkedin. This announcement was made at the end of October ( ) in the Beacon blog, albeit in lowercase type to tone down the statements. The “Wi-Fi CERTIFIED 7” … [Read more…]
Fisker just released its third quarter 2023 earnings results with a business update and we have the latest details for you. Today, Fisker released its Q3 2023 quarterly results and updated stakeholders. Fisker currently ships to ten countries and is expected to add two more markets later this month as operational momentum accelerates in the … [Read more…]
Total sales: $175 million, with growth in both the IoT and cybersecurity segments. Non-GAAP earnings per share: $0.01, exceeds expectations. Gross margin: Increased to 73%, reflecting improved profitability. Cybersecurity revenue: $114 million, representing a significant sequential and annual increase. IoT revenue: $55 million, showing continued momentum in the automotive sector. Financial situation: Total cash, cash … [Read more…]