Dutch navigation and digital mapping firm TomTom reported on Thursday weaker-than-expected quarterly core earnings as semiconductor provide chain points restricted automobile manufacturing volumes.
The Amsterdam-based firm, whose prospects vary from main automobile makers to main world tech corporations, reported a third-quarter loss earlier than curiosity, taxes, depreciation and amortisation (EBITDA) of 5.3 million euros ($6.14 million), lacking the 1-million-euro loss analysts had forecast. ($1 = 0.8630 euros)
The transfer comes as a number of autonomous trucking firms put together to launch driverless routes within the coming years and start signing up trade companions and prospects in an effort to show long-elusive self-driving right into a worthwhile actuality.
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