Foxconn to invest in Gogoro
Foxconn Electronics (Hon Hai) has disclosed it will invest US$20 million for a 0.76% stake in Gogoro, a Taiwan-based electric scooter maker and battery swapping system provide......»»
Canadian cities continue to over-invest in policing, researcher says
Year-end debates about 2024 budgets have already begun across Canada, with cities like Waterloo and Ottawa proposing spikes in police budgets......»»
Foxconn revenue to fall in the holiday quarter, as iPhone 15 faces triple challenge
In the second piece of somewhat gloomy iPhone news this morning, Foxconn revenue will fall during the holiday quarter, according to the company. This contrasts with its earlier forecast of growth. More than half of that revenue comes from Apple, a.....»»
Young people"s reluctance to talk about money is putting them at risk. Here"s how to help them
Credit is an everyday, and often essential, part of young people's lives. Gaining access to credit for the first time is an important transition to adulthood that can enable you to study, earn and invest in your future......»»
Workplace "slavery" still embedded in supply chain, researcher says
A dozen years ago, the Foxconn City industrial park in China became infamous for a rash of worker suicides. Foxconn (a manufacturer of iPhones, among other notable products) initially responded by installing safety netting around the facility so that.....»»
The best skills to unlock in RoboCop: Rogue City
It's time for an upgrade. RoboCop: Rogue City gives Murphy a massive skill tree, but no parameters on how to invest your points. These are the best skills......»»
Renault cuts Nissan stake to 15% after transferring shares to trust
Nissan will now invest up to $641 million in Renault's EV unit, Ampere, while Mitsubishi will invest up to $214 million......»»
Gogoro smart electric scooters getting several Apple features
Gogoro, a leading player in the battery-swapping electric scooter market is taking a page out of Apple’s book. Or more accurately, it’s working with the consumer electronics giant to incorporate key Apple features directly into its scooters......»»
Protecto raises $4 million to empower enterprises with trusted AI
Protecto announced the close of a $4 million seed funding round. Together Fund led the round with participation from Better Capital, FortyTwo VC, Arali Ventures and Speciale Invest. The latest round brings the total raised to $5 million after Protect.....»»
iPhone China shipments down more than expected, says Kuo
Analyst Ming-Chi Kuo said that Apple's shipments of iPhones in China declined more than he expected.Futian District, ShenzhenKuo linked some of the downturn to Foxconn's Zhenghzhou factory, which is used to produce iPhones. That factory was the site.....»»
Apple to double Indian iPhone production in 2024, says Ming-Chi Kuo
Noted analyst Ming-Chi Kuo said Wednesday that Apple will double iPhone production in India through 2024.Foxconn's iPhone manufacturing facility in Sriperumbudur, IndiaIn recent years, India has emerged as a high-tech manufacturing and assembly hotsp.....»»
Gotion to invest $2.36 billion in Michigan battery component factory
Gotion's U.S. subsidiary has signed agreements to acquire land and site preparation, with lead assistance from the state of Michigan, for the project......»»
China denies Taiwan election interference, then interferes anyway
Chinese authorities say their tax and land use probe into iPhone maker Foxconn is unrelated to forthcoming elections, but then cautions firms over "social responsibilities."A Foxconn facilityFoxconn is being investigated by two different Chinese auth.....»»
Apple could again be caught in crossfire as Foxconn investigated; China issues non-denial [U]
Apple has already found itself impacted by a diplomatic row between the US and China, and now faces the prospect of being caught up in politics between China and Taiwan. A Chinese investigation of Foxconn has been announced by state media. Update:.....»»
Apple could again be caught in crossfire as China investigates Foxconn for likely political reasons
Apple has already found itself impacted by a diplomatic row between the US and China, and now faces the prospect of being caught up in politics between China and Taiwan. A Chinese investigation of Foxconn has been announced by state media. Apple i.....»»
China"s Foxconn tax probe is Taiwan election interference, claims candidate
Foxconn founder Terry Gou's rival in the Taiwanese elections says China should "cherish" the iPhone assembler, and not try to pressure the firm during an election.A Foxconn facilityGou stepped down from Foxconn in order to pursue his political career.....»»
Mitsubishi plans to invest more than $214M in Renault"s EV unit
The first step of the collaboration will see Renault's Ampere unit supply Mitsubishi with an EV for its European lineup......»»
China investigating Foxconn over land use and tax issues
Apple iPhone manufacturer Foxconn says it will cooperate fully with investigations into its business by China's tax authorities.A Foxconn facilityLike many manufacturing and technology companies, Foxconn has been looking to move away from China. But.....»»
China targets iPhone-maker Foxconn with probe into tax, land use
Foxconn founder Terry Gou is currently running for president of Taiwan. Enlarge (credit: SOPA Images via Getty) China has launched an investigation into Apple iPhone-maker Foxconn over tax and land use, Chinese state med.....»»
GenAI investments surge, anticipated to hit $143 billion by 2027
Enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023, according to IDC. This spending, which includes GenAI software and related infrastructure hardware and IT/business services, is expected to reach $143 billion in 2027 wi.....»»
Chinese suppliers to Tesla will invest nearly $1 billion in northern Mexico, officials say
Two Chinese suppliers for Tesla will invest nearly a billion dollars in the northern Mexican state of Nuevo Leon where the automaker is planning a new factory, Nuevo Leon Governor Samuel Garcia said during a trip to Shanghai on Wednesday......»»