NXP Shares Decline After Automotive Chip Sales Remain Sluggish
Revenue fell 6% to $2.93 billion in the period, the Dutch chipmaker said in a statement on Monday. The sales were roughly in line with analysts' estimates, according to data compiled by Bloomberg.
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Amazon faces UK lawsuits worth up to $5.4 billion from retailers, consumers
LONDON (Reuters) -Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Andreas Stephan, a competition law academic, is bringing one of the cases on behalf of over 200,000 third-party retailers, worth up to 2.7 billion pounds. His lawyers allege that Amazon manipulates the "Buy Box" feature on its website to its own advantage and favours products that use Amazon's own logistics centres and delivery network. Consumer advocate Robert Hammond is separately bringing a case valued at up to 1.3 billion pounds on behalf of millions of Amazon customers for similar alleged abuses of dominance. Amazon argued that the Competition Appeal Tribunal should certify the cases to proceed, an early step in the proceedings, including because the economic methodology for proving the cases was flawed. But the tribunal certified both cases on an opt-out basis, meaning members of the claimant class will be part of the case unless they decide otherwise. An Amazon spokesperson said: "These claims are without merit and we're confident that will become clear through the legal process. "Amazon has always focused on supporting the 100,000 businesses that sell their products on our UK store, and more than half of all physical product sales on our UK store are from independent selling partners." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Japanese chipmaker goes bankrupt amid pressure from Chinese rivals
Japanese chipmaker goes bankrupt amid pressure from Chinese rivals originally appeared on TheStreet. A once-promising Japanese chipmaker has collapsed under mounting debt, a slowdown in electric vehicle (EV) sales, and a surge in supply from Chinese rivals. The company filed for bankruptcy protection last week, less than three years after its widely heralded launch in late 2022. The firm was backed by Japanese government-linked financial institutions and focused on producing power semiconductors critical to power electronics markets, including electric vehicles (EVs), industrial equipment, and home appliances. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 With strong public support and a refurbished factory previously operated by a major U.S. chipmaker, the company appeared poised to become a key domestic player in an industry viewed as essential to Japan's national security and economic development. But faced with mounting debt driven by deteriorating electric vehicle demand and a flood of low-cost components from fast-growing Chinese rivals, the startup's business model proved chipmaker JS Foundry, also known as JS Fab, launched in December 2022 with the backing of a fund run by the Development Bank of Japan and created by Mercuria Investment and Sangyo Sosei Advisory. JS Foundry filed for bankruptcy protection with the Tokyo District Court last week, leaving behind an estimated $110 million in outstanding debt. In a bid to minimize upfront costs, JS Foundry inherited its manufacturing facility, a 41-year-old fab in Niigata Prefecture, from U.S.-based On Semiconductor () . The legacy infrastructure proved inadequate for the demanding process requirements of silicon carbide (SiC) device fabrication — a notoriously capital-intensive industry — possibly compounding JS Foundry's financial woes. JS Foundry's revenue plummets as key partnership ends and EV sales decline JS Foundry's revenue surged in 2023, with sales swelling to around 10 billion yen (nearly $68 million) in its first year. Yet in 2024, revenue plummeted to 2.6 billion yen (around $17.6 million). This sharp decline followed the end of a production arrangement with On Semiconductor (stemming from On's divestment of its Japan facility in late 2022). More EV Stock News: Tesla robotaxi launch hits major speed bump Struggling semiconductor company gets second chance to avoid bankruptcy Tesla's robotaxi rollout runs into trouble JS Foundry's cash flows turned steeply negative, and the planned disbursement of subsidies from central and local governments in the coming weeks would have arrived too late to cover its mounting financial obligations. To make matters worse, the global downturn in EV sales hit the company especially hard. Rising interest rates, subsidy rollbacks, and underdeveloped charging infrastructure dampened enthusiasm for EVs, forcing automakers to slash chip orders. JS Foundry struggles to keep up with competitors Compounding JS Foundry's financial woes, heavily subsidized Chinese chipmakers flooded the global market with affordable power semiconductor alternatives, making it clear that the startup lacked the necessary scale and vertical integration to compete. Finally, JS Foundry attempted talks with overseas investors to form a capital tie-up that would have helped it enter the silicon carbide power semiconductor segment, a next-generation technology known for its superior power those talks collapsed earlier this year, effectively cutting off JS Foundry's last remaining viable path to survival. JS Foundry's collapse comes amid broader turmoil in the power semiconductor space. Rohm, another Japanese chip giant, recently reported its first net loss in over a decade, blaming underperforming power semiconductor investments. Last month, U.S.-based Wolfspeed () , previously known as Cree, filed for Chapter 11 bankruptcy. The move triggered major write-downs for Japanese chipmaker Renasas Electronics, which had extended financing to Wolfspeed. Renansas subsequently abandoned plans to start SiC production later this year. In the end, JS Foundry's demise serves as a cautionary illustration of the risks of investing in a capital-intensive market where geopolitics, macroeconomic volatility, and technological disruption can rapidly upend even the most promising, initially well-capitalized businesses. Japanese chipmaker goes bankrupt amid pressure from Chinese rivals first appeared on TheStreet on Jul 24, 2025 This story was originally reported by TheStreet on Jul 24, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Bank Outsourcing, Cost-cutting Demands, Digital Banking, Real-time Monitoring, AI Integration, and Improved Security Propel Growth
The global ATM Managed Services Market is projected to reach $12.29 billion by 2033, growing at a CAGR of 4.25% from 2025 to 2033, up from $8.45 billion in 2024. Rising demand for cost-cutting, increased bank outsourcing, digital banking adoption, real-time monitoring needs, AI integration, and enhanced security drive market growth. Key segments include ATM replenishment, incident and network management across various locations such as offsite, onsite, and mobile ATMs. The expansion is notable in North America, Europe, and rapidly developing regions such as Asia-Pacific. Major players include NCR Atleos, Diebold Nixdorf, and Fiserv. The market's evolution is fueled by technological advancements, financial inclusion efforts, and strategic alliances. ATM Managed Services Market Dublin, July 24, 2025 (GLOBE NEWSWIRE) -- The "ATM Managed Services Market - Technology & Forecast Outlook 2025-2033" report has been added to Managed Services Market is expected to reach US$ 12.29 billion by 2033 from US$ 8.45 billion in 2024, with a CAGR of 4.25% from 2025 to 2033 Cost-cutting demands, a rise in bank outsourcing, the adoption of digital banking, the requirement for real-time monitoring, AI integration, improved security, and an increase in ATM usage in developing cities are the main factors propelling the market for ATM managed services. Due to the growing demand for financial institutions to streamline operations and cut expenses, the global market for ATM managed services is expanding significantly. These services include a variety of options, such as ATM administration, maintenance, and monitoring, which guarantees seamless operation and reduces downtime. By facilitating real-time monitoring and predictive maintenance, the use of cutting-edge technologies like artificial intelligence (AI) and the Internet of Things (IoT) has further fueled market development. Additionally, banks are outsourcing ATM operations to specialized service providers as a result of the increased focus on improving customer experience and maintaining regulatory compliance. The market is seeing a rise in demand for all-inclusive ATM managed services solutions as a need for sophisticated ATM services to access a range of intricate activities has grown as a result of the banking, financial services, and insurance (BFSI) industry's significant development. The increasing use of money transaction machines and growing maintenance and security concerns, which are some of the primary drivers propelling the market expansion, further support this. Accordingly, the increasing prevalence of fraudulent actions, such as magnetic stripe skimming, and the widespread use of debit cards by customers have made it easier for ATM managed services to be widely adopted, which is contributing to further growth. Furthermore, the market is expanding as a result of the positive actions being taken by the governments of a number of nations to prevent the use of magstripe cards by using EMV chips for improved authentication. Additionally, the market is expanding due to the development of self-service software, which coincides with the widespread integration of Internet of Things (IoT) solutions and mobile-based technologies with ATM managed services. A favorable outlook for the market is being created by additional factors, such as the quick digitization, strategic partnerships among financial institutions, and the growing use of blockchain, near field communication (NFC), quicker response (QR), and artificial intelligence (AI) in ATM managed Factors Driving the ATM Managed Services Market Growth Focus on Core CompetenciesFinancial institutions may reduce operations and concentrate on their core strengths, including improving client experience, creating new financial products, and advancing digital transformation, by outsourcing ATM managed services. Internal ATM management takes a lot of time, money, and technical resources, which can take focus away from strategic goals. Banks can assign time-consuming operations like software upgrades, hardware maintenance, cash replenishment, and compliance monitoring to specialist service providers. In addition to increasing operational effectiveness, this strategy enables organizations to better meet the needs of their clients and the market. Banks may now devote more resources to innovation, consumer interaction, and growing their digital and mobile banking ecosystems as they are no longer burdened with managing ATM FootprintThe market for ATM managed services is mostly driven by the growth of ATM networks, especially in developing nations and underserved rural regions. Banks and other financial institutions are installing more ATMs as financial inclusion becomes a top focus in order to boost accessibility and satisfy the rising demand for self-service and cash-based transactions. However, significant operational, technical, and logistical assistance is needed to manage a large ATM network. Consistent performance, uptime, and adherence to industry standards are guaranteed when these services are outsourced. Installation, cash loading, security, maintenance, and real-time monitoring may all be handled effectively by managed services providers over large geographic areas. The need for dependable and scalable managed services solutions that ensure business continuity and offer a flawless customer experience is increased by the expansion of the ATM AdvancementsThe market for ATM managed services is changing as a result of technological developments that make operations more effective, intelligent, and responsive. Service providers may monitor ATMs in real time, identify irregularities, and carry out predictive maintenance by combining artificial intelligence (AI), the Internet of Things (IoT), and predictive analytics. This lowers downtime and improves customer satisfaction. Additionally, smart technologies streamline supply schedules, guarantee operational continuity, and enhance cash forecasting. Furthermore, preemptive reactions are made possible by AI-driven insights that assist in identifying fraud and security concerns. IoT sensors can keep an eye on connection, temperature, and hardware health to stop problems. These developments promote a safer and more convenient ATM experience in addition to lowering operating expenses. Technology is a key factor in determining managed services strategies as financial organizations embrace digital in the ATM Managed Services Market Service Reliability and DowntimeIn the market for ATM managed services, service dependability is crucial. Consumers anticipate having round-the-clock access to ATMs for transactions such as cash withdrawals and balance inquiries. Customer satisfaction and confidence can be severely impacted by even brief outages, particularly in places with limited financial facilities. Constant monitoring, prompt issue resolution, and proactive maintenance - often across geographically scattered locations - are necessary to ensure high uptime. For financial institutions, unplanned outages brought on by hardware malfunctions, network problems, or software bugs can result in lost income, harm to their brand, and client attrition. For managed service providers to minimize the impact of disruptions on end users and promptly fix issues and preserve operational continuity, they must set up effective service-level agreements (SLAs), deploy real-time monitoring systems, and keep a knowledgeable support Management LogisticsAn intricate and crucial component of ATM operations is efficient cash handling. It's a fine balance to make sure every ATM has enough cash on hand to satisfy consumer demand without going overboard. Based on transaction patterns, historical data, and seasonal fluctuations, managed service providers must predict cash consumption with accuracy. Cashouts brought on by poor forecasting can annoy clients and harm a bank's image. On the other hand, having too much cash in machines raises operating expenses and security threats. Another logistical problem is coordinating prompt cash replenishment across extensive ATM networks, particularly in rural or high-risk regions. Cash logistics is a resource-intensive but crucial job in ATM managed services as providers also have to coordinate with armored carriers, ensure safe transit, and adhere to cash-handling Managed Services Market Overview by RegionsBecause of sophisticated banking infrastructure and high outsourcing rates, the market for ATM managed services is expanding rapidly in North America and Europe. As more ATMs are installed, Asia-Pacific is growing quickly, while financial inclusion initiatives are driving stable development in Latin America and the Middle East. Company Analysis: Overview, Key Persons, Recent Development & Strategies, Revenue Analysis NCR Atleos Diebold Nixdorf, Inc. Euronet Worldwide, Inc. Fiserv, Inc. AGS Transact Technologies Ltd. Brink's Incorporated Hitachi, Ltd. CMS Info Systems Limited Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $8.45 Billion Forecasted Market Value (USD) by 2033 $12.29 Billion Compound Annual Growth Rate 4.2% Regions Covered Global Key Topics Covered: 1. Introduction2. Research Methodology2.1 Data Source2.1.1 Primary Sources2.1.2 Secondary Sources2.2 Research Approach2.2.1 Top-Down Approach2.2.2 Bottom-Up Approach2.3 Forecast Projection Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global ATM Managed Services Market5.1 Historical Market Trends5.2 Market Forecast6. ATM Managed Services Market Share Analysis6.1 By Service Type6.2 By ATM Locations6.3 By Countries7. Service Type7.1 ATM Replenishment and Currency Management7.2 Incident Management7.3 Network Management7.4 Security Management7.5 Other Service Types8. ATM Locations8.1 Offsite ATMs8.2 Onsite ATMs8.3 Mobile ATMs8.4 Worksite ATMs9. Countries9.1 North America9.1.1 United States9.1.2 Canada9.2 Europe9.2.1 France9.2.2 Germany9.2.3 Italy9.2.4 Spain9.2.5 United Kingdom9.2.6 Belgium9.2.7 Netherlands9.2.8 Turkey9.3 Asia Pacific9.3.1 China9.3.2 Japan9.3.3 India9.3.4 South Korea9.3.5 Thailand9.3.6 Malaysia9.3.7 Indonesia9.3.8 Australia9.3.9 New Zealand9.4 Latin America9.4.1 Brazil9.4.2 Mexico9.4.3 Argentina9.5 Middle East & Africa9.5.1 Saudi Arabia9.5.2 UAE9.5.3 South Africa10. Porter's Five Forces Analysis10.1 Bargaining Power of Buyers10.2 Bargaining Power of Suppliers10.3 Degree of Rivalry10.4 Threat of New Entrants10.5 Threat of Substitutes11. SWOT Analysis11.1 Strength11.2 Weakness11.3 Opportunity11.4 Threat12. Key Players Analysis For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment ATM Managed Services Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
