Finance

How a little Texas town snagged a $17 bln Samsung chip plant deal

Williamson County Judge Bill Gravell is the first to admit few people had heard of his small town of Taylor in Central Texas before South Korean conglomerate Samsung announced it was building its new $17 billion chip factory there.

Taiwan looking at chip cooperation with Eastern European nations

Taiwan is looking at cooperating with three Eastern European countries on semiconductors, a minister said on Thursday, a move likely to find favour in Brussels which has been courting Taiwanese semiconductor firms to manufacture in the bloc.

EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns

High-tech home appliance maker Dyson Ltd told Reuters it had cut ties with supplier ATA IMS Bhd (ATAI.KL) following an audit of the Malaysian company’s labour practices and allegations by a whistleblower, sending ATA shares plunging.

Robotics maker AutoStore doubles revenue, warns of margin impact

AutoStore (AUTO.OL) faces tight supply of certain components that will impact earnings margins in the short term, the Norwegian robotics company said on Wednesday after posting a 95% surge in third-quarter revenue to $84.7 million.

Italy’s Enel cranks up spending to become carbon-free by 2040

Europe’s biggest utility Enel (ENEI.MI) will spend 170 billion euros ($191.2 billion) to 2030 and will seek to draw in additional funds from partners and others for its projects as it brings forward plans to become a carbon-free company by 2040.

How a little Texas town snagged a $17 bln Samsung chip plant deal

Williamson County Judge Bill Gravell is the first to admit few people had heard of his small town of Taylor in Central Texas before South Korean conglomerate Samsung announced it was building its new $17 billion chip factory there.

Taiwan looking at chip cooperation with Eastern European nations

Taiwan is looking at cooperating with three Eastern European countries on semiconductors, a minister said on Thursday, a move likely to find favour in Brussels which has been courting Taiwanese semiconductor firms to manufacture in the bloc.

EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns

High-tech home appliance maker Dyson Ltd told Reuters it had cut ties with supplier ATA IMS Bhd (ATAI.KL) following an audit of the Malaysian company’s labour practices and allegations by a whistleblower, sending ATA shares plunging.

Robotics maker AutoStore doubles revenue, warns of margin impact

AutoStore (AUTO.OL) faces tight supply of certain components that will impact earnings margins in the short term, the Norwegian robotics company said on Wednesday after posting a 95% surge in third-quarter revenue to $84.7 million.

Italy’s Enel cranks up spending to become carbon-free by 2040

Europe’s biggest utility Enel (ENEI.MI) will spend 170 billion euros ($191.2 billion) to 2030 and will seek to draw in additional funds from partners and others for its projects as it brings forward plans to become a carbon-free company by 2040.

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