Foxconn eyeing stake in Silterra
Foxconn Electronics (Hon Hai Precision Industry) is still seeking to acquire a stake in Malaysia-based 8-inch foundry house Silterra as part of a move to achieve its ambition in the chipmaking sector, according to industry observers......»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Japan"s Sharp follows Sony in TV-to-EV shift with help of iPhone maker Foxconn
Japanese electronics giant Sharp introduces its first concept vehicle, an all-electric people mover that envisions a mobile workspace or children's playroom powered by artificial intelligence......»»
Q&A: Looting of the Sudan National Museum—more is at stake than priceless ancient treasures
Reports continue to emerge of the alleged looting of tens of thousands of artifacts from the Sudan National Museum in Khartoum......»»
Vinnie Johnson"s Piston Group wins scathing verdict in longtime minority certification fight
The verdict ends a legal feud that’s been stewing since early 2021. At stake was a lucrative minority certification that helped the auto supplier win business from automakers. The fast-growing supplier has topped $3 billion in revenue and employs 1.....»»
Save up to 15% with the TicWatch Pro 5 Enduro
Get it for less than $300! The post Save up to 15% with the TicWatch Pro 5 Enduro appeared first on Phandroid. If you were eyeing Mobvoi’s latest TicWatch Pro 5 Enduro model, then now is your chance – the Wear OS-powered smart.....»»
Xiaomi, eyeing Europe, will swallow EV losses to join Tesla in big leagues
Xiaomi’s founder Lei Jun has pledged to invest $10 billion to make EVs as the company aims to become one of the world’s top five automakers. .....»»
Climate change a mixed blessing for sun-starved Irish vintners
At a tiny outpost in the wine world, Ireland's handful of winemakers are cautiously eyeing long-term growth potential as climate change warms up its cool climate......»»
Apple’s first robot product to be made by Foxconn, says report
A report earlier this week said that plans for Apple’s first robot product have been accelerating, in the form of a hybrid iPad/HomePod product. A supply-chain report now says that Foxconn has been commissioned by Apple to make the robot arm and.....»»
Foxconn chief dodges accusation of discrimination in India hiring practices
Following reports of married women being specifically excluded from jobs at Foxconn's India iPhone facilities, the company's chairman has said that the company does have married women as employees — but didn't specifically dispute accusations over.....»»
Ahead of iPhone 16, AI demand boosts Apple supplier Foxconn"s profits
Foxconn, Apple's iPhone 16 manufacturer has reported a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.Workers in a Foxconn factoryFor the previous quarter, Foxconn's increased profits came from better than e.....»»
iPhone 16 production now in full flow as Foxconn hires 50,000 more workers
iPhone 16 production is now said to have ramped up to peak production, with Foxconn taking on an extra 50,000 workers in its largest assembly plant. The company last month increased both base pay and bonuses to help it recruit enough new workers t.....»»
Foxconn cramming iPhone 16 production lines with 50,000 new workers
Foxconn has gone on a hiring spree, adding 50,000 new workers for its largest iPhone facility's production lines in China ready for the iPhone 16.A Foxconn factory. As the time for the introduction of a new iPhone generation nears, Apple's global sup.....»»
China"s Dongfeng in pole position to build an auto plant in Italy, report says
The Italian government could join Dongfeng with a minority stake in the investment which aims to set up a production hub for the whole of Europe......»»
Warren Buffett sells nearly half of Berkshire’s stake in Apple
According to filings published today, Warren Buffett’s Berkshire Hathaway sold nearly 50% of its stake in Apple during the second quarter of 2024, after the firm already trimmed their stake by around 13% in the first quarter. Berkshire Hathaway has.....»»
Lithia increases stake in Pinewood DMS company to more than 25%
Lithia Motors Inc. now owns more than a quarter of the U.K. dealership management system provider Pinewood Technologies following purchases of nearly 5 million shares in the months since its initial minority investment......»»
Yellowstone spinoff: Michelle Pfeiffer, Kurt Russell, others in talks to join cast
The upcoming Yellowstone spinoff is eyeing Michelle Pfeiffer and Kurt Russell to join the series in leading roles......»»
Apple may have shut down a supplier"s proposed partnership with Vivo
Tata Group's acquisition of a stake in rival Vivo's India business was allegedly stopped by Apple, due to Tata owning a factory with Apple's supply chain.Mumbai, IndiaTata Group, an Indian conglomerate, has reportedly put the brakes on talks to acqui.....»»
Former dealer Joe Maus returns to auto retail with Chevrolet store
Former auto dealer Joe Maus purchased a Chevrolet dealership in South Carolina, his first acquisition after selling his stake in other stores the past few years......»»
Foxconn eyes India for iPad production amid Apple"s expansion plans
After setting up operations in India to produce iPhones, Apple assembly partner Foxconn is considering whether to do the same with iPads.Workers in a Foxconn factoryApple has been steadily working to reduce its independence on China as a main source.....»»
Berkshire Hathaway divests more BYD shares, trims stake below 5%
Dropping below the 5 percent threshold means that Berkshire Hathaway is no longer obligated to disclose any further sales, or whether it exits its position altogether......»»