The Business Times
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digital mapping

Companies & Markets

Schneider Electric gears up for tsunami of power demand from AI, EVs, global warming fallout

TomTom has gone through major restructuring and is now developing high-definition self-driving maps.
Companies & Markets

Navigation firm TomTom Q1 operating result turns to loss on higher R&D costs

The move marks a shift from Porsche’s previous reluctance to use Google software.
Transport & Logistics

Porsche to integrate Google Maps, Assistance into future cars

The Amsterdam-listed company confirmed its 2023 guidance for revenue of between 570 million euros and 600 million euros.
Companies & Markets

Map maker TomTom’s Q3 loss narrows boosted by car branch growth

TomTom has developed new maps and a platform that it said offers wider geographical coverage and faster updates, and which allows users to add and integrate its own data.
Companies & Markets

TomTom lifts 2023 forecasts after new maps help beat Q2 expectations

TomTom, which counts Volkswagen, Renault and Microsoft among its clients, had been hit by soaring inflation and the global chip shortage that disrupted the automotive and electronics industries.
Companies & Markets

Navigation firm TomTom’s shares jump after surprise Q1 profit

TomTom, whose customers include Volkswagen and Microsoft, forecast revenue for the current fiscal year in a range of 540 million euros to 580 million euros.
Companies & Markets

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

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