Technology

Foxconn fine for unauthorised China investment likely to be imposed soon – source

Foxconn, the world's largest contract electronics maker, is likely to be fined soon by Taiwan's government for an unauthorised investment…

3 years ago

Exclusive: Grab to cut more costs amid economic chill

Grab Holdings Southeast Asia's biggest ride-hailing and food delivery firm, is cutting more costs to cope with an uncertain economic…

3 years ago

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources…

3 years ago

U.S. finalizes $2.5 billion loan to GM, LG battery joint venture

The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of…

3 years ago

Israel targets ‘smart’ cities with new 5G mobile auction

Israel urged mobile firms to expand the deployment of fifth-generation sites to allow for 'smart' stadiums and hospitals on Wednesday,…

3 years ago

Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment

Taiwan's economy minister said on Wednesday that the island remains chipmaker TSMC's most important production base after the company announced…

3 years ago

Ericsson to invest in 6G network research in Britain

Network equipment maker Ericsson will invest millions of pounds in 6G mobile research in Britain, it said on Tuesday, working with…

3 years ago

Exclusive: Temasek considers sale of Advanced MedTech, likely valued at about $1 bln – sources

Temasek Holdings is exploring selling Advanced MedTech, multiple sources told Reuters on Monday, after the medical devices firm, fully-owned by…

3 years ago

FTX collapse being scrutinized by Bahamas authorities

The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking…

3 years ago

Apple supplier Foxconn adjusts production to avoid holiday blues

Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to…

3 years ago