GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
Lidar maker Hesai denies patent-infringement claims by Ouster
Shanghai lidar maker Hesai denies patent-infringement claims.....»»
SEGA turns Angry Birds’ frown upside down as it’s set to acquire Rovio for $770 million
SEGA parent company SEGA SAMMY HOLDINGS has announced that it has arrived at a deal with Angry Birds developer Rovio to acquire the company for € 700 million ($770 million). The move comes as SEGA aims to “further strengthen its position in this.....»»
Sega is acquiring Angry Birds developer Rovio for $776 million
Sega is set to acquire Angry Birds studio Rovio for $776 million, strengthening its foothold in the mobile gaming space......»»
Social media protest erupts over "unfair" bonus cuts at Tesla"s Shanghai factory
Workers at Tesla's electric vehicle manufacturing plant in Shanghai are reportedly using social media to protest against what they call unfair cuts in performance-related pay and to ask CEO Elon Musk to intervene......»»
Mercedes-Maybach"s first electric vehicle, the EQS SUV, debuts at Shanghai auto show
The Mercedes-Maybach EQS SUV focuses on rear-seat comfort and distinctive materials......»»
China-based automaker SAIC Motor announced CNY6 billion auto chip fund, focusing on six sectors
At an industrial summit held in Shanghai on April 15, China-based automaker SAIC Motor Corp. announced a CNY6 billion fund dedicated to automotive semiconductor ecosystem, focusing on six sectors of automotive ICs. In addition, the fund will partner.....»»
Formosa Smart Energy Tech builds domestic battery chain, breaks ground on Taiwan"s largest battery cell plant
Formosa Smart Energy Tech (FSET), the sixth largest company under the Formosa Plastics Group, announced that it has invested over NT$16 billion (US$524 million) through its subsidiary Formosa AdvEnergy to build the largest 5GWh lithium-iron phosphate.....»»
Kyocera to acquire land in Japan for new US$466 million plant project
Kyocera has reached a deal to acquire about 37 acres or land for building a new smart factory at the Minami Isahaya Industrial Park in Isahaya City, Nagasaki Prefecture, according to the Japanese company......»»
Polestar 4 crossover to get Shanghai show debut
The premium midsize crossover will join a segment led by the Tesla Model Y......»»
Tesla’s close ties to China draw scrutiny of GOP lawmaker
Tesla's plan to build a massive new battery factory in China sparked the concern. Enlarge / Tesla CEO Elon Musk poses with Tesla China-made Model 3 vehicle owners during a ceremony in Shanghai, east China, on January 7, 2020. (cr.....»»
Tesla is opening a Megafactory for huge batteries in China
Tesla will open a Megapack battery factory in Shanghai, it said on Sunday, as it doubles down on its investment in China even as political tension rises between Beijing and Washington......»»
Elon Musk: Tesla to build new battery factory in Shanghai
Elon Musk's company says the plant will be able to produce 10,000 "Megapack" battery units a year......»»
Tesla plans new Shanghai plant to build megapack batteries
Tesla is leveraging China's world leading battery supply chain to ramp up output and lower costs of Megapack lithium ion battery units to meet rising demand of energy storage as the world shifts to more renewable energy......»»
Apple"s Irish subsidiary rakes in $69.3 billion profit from global operations
Earnings from Apple's European subsidiary, and main European Union headquarters in Cork, Ireland, have risen $11.69 billion year over year.Apple has a substantial presence in Ireland, which it has been expanding with new hires and new product testing.....»»
MSI confirms being cyberattacked; urges product users not to acquire firmware updates from unofficial sources
Responding to its recent cybersecurity breach incident, Taiwan-based motherboard and gaming notebook brand Micro-Star International (MSI) announced that it suffered a cyberattack on part of its information systems. Upon detecting network anomalies, t.....»»
Cox Mobile becomes latest MVNO to add iPhone support; $45 for unlimited 5G
Cox Mobile, one of the newest low-cost MVNO options on the market, now supports iPhone devices for the first time. The carrier, a subsidiary of Cox Enterprises, officially launched in January and uses Verizon’s network. At launch, it was only avai.....»»
Audi to present Formula One design at Shanghai auto show
The choice of Shanghai for the Formula One team’s public debut is strategic because China is Audi’s biggest market, and at the same time has a huge base of F1 fans. .....»»
Tim Cook"s whirlwind China tour continues with "Genshin Impact" dev visit
Apple CEO Tim Cook is continuing his tour of China and has now met the "phenomenal team" behind hit game and previous Apple Design Award winner "Genshin Impact."Tim Cook in Shanghai (Source: Weibo)Cook was one of the few US CEOs to attend the revived.....»»
Avast hit with multimillion-euro fine for GDPR failure
Unlawfully processing customer data lands Avast with huge fine, several years after it closed down the accountable subsidiary......»»
GlobalWafers remains upbeat about 3rd-gen semiconductor demand
The outlook for third-generation semiconductor demand remains positive, according to GlobalWafers chairperson Doris Hsu, who was speaking in the wake of Tesla's intention to slash its use of SiC components in EVs......»»