(ATF) Production of some of Apple Inc’s MacBooks and iPads has been postponed due to the global component shortage, despite the US tech giant’s buying clout.iPhone production has not yet been affected although the supply of some components for the devices is "quite tight", Nikkei Asia said on Thursday.Chip shortages …
(ATF) Samsung Electronics has reported an expected 44% rise in first-quarter profit on strong sales of smartphones and home appliances. The South Korean giant's upbeat earnings forecast came a day after rival LG Electronics announced it would quit the smartphone business.Operating profit reached 9.3 trillion won ($8.2 billion) in the …
Beijing is working on setting up a stock exchange that would attract Chinese firms listed in offshore markets such as Hong Kong and the United States.As well as bolstering the global status of its onshore share markets, the government hopes the initiative would also lure marquee global firms such as …
(ATF) The US could be on the verge of joining the global anti-Big Tech push, as a top legislator was reported on Sunday to be preparing at least 10 bills targeting alleged anti-competitive behaviour.The US House of Representatives' Judiciary Committee’s anti-trust panel, released a 449-page report in October 2020 detailing …
(ATF) Taiwan-based Delta Electronics, a manufacturer of power and other components to companies such as Apple, has bypassed supply chain blockages and geopolitical tensions by ordering semiconductors early and slashing its China workforce.A surge in demand for consumer electronics has driven a global chip shortage that has idled car factories …
(ATF) US tech giant Apple said on Wednesday it plans to invest more than a billion euros ($1.2 billion) in Germany and will open the biggest research facility in Europe next year on computer chips and mobile software. Apple said it would make Munich its "European Silicon Design Centre". The …
(ATF) In yet another effort to attract high-tech manufacturing and cut imports, India on Wednesday approved a new $1.68-billion plan to promote local manufacturing and export of telecoms and networking gear.The scheme, which will start from April, will offer gear makers annual cash incentives of between 4% and 7% on …
The Hyundai Motor Co says it expects new electric cars and sports utility vehicles (SUVs) will drive a sales surge in the United States and China this year, after reporting its best quarterly profit in over three years.Hyundai's holiday-quarter profit jumped 57% on the back of more demand for premium-margin …
(ATF) Hyundai Motor and Apple plan to work together on autonomous electric vehicles, according to newspapers in Seoul. The companies plan to sign a partnership deal by March and start production around 2024 in the United States, Korea IT News reported on January 10.News that the two conglomerates were looking …
Shares in Apple Inc jumped more than 3% on Tuesday, adding more than General Motors' entire market capitalisation to the value of the iPhone maker, after its plans to focus on electric car production were revealed.Apple, whose automotive efforts had been ‘uneven’ since 2014, is now targeting 2024 to produce …
