Meta, Qualcomm sign pact on custom virtual reality chips
Meta Platforms Inc (META.O) signed an agreement to have chip-maker Qualcomm Inc (QCOM.O) produce custom chipsets for its Quest virtual reality (VR) devices, the companies announced at a consumer electronics conference in Berlin on Friday.
Panasonic’s Q3 profit slides as material costs rise and appliance sales fall
Japan’s Panasonic Corp (6752.T) on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages and a drop in domestic sales for appliances.
Ford doubles Lightning production as electric truck battle with GM heats up
Ford Motor Co (F.N) said on Tuesday that it will nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles as the model has already attracted nearly 200,000 reservations ahead of its arrival this spring at U.S. dealers.
Amazon among key tech firms to drop CES plans on COVID-19 concern
Amazon Inc , Facebook parent Meta Platforms Inc (FB.O), Twitter Inc (TWTR.N) and Pinterest Inc (PINS.N) will not send teams to the Consumer Electronics Show (CES) in Las Vegas as concerns grow about Omicron, the firms said on Tuesday.
