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.....»»
Samsung setting up largest overseas R&D center in Vietnam
Samsung Electronics' subsidiary in Vietnam is setting up in Hanoi the biggest of the giant's R&D facility outside of South Korea, according to a media report......»»
Mercedes" Vision AMG is a look at performance brand"s EV future
The electric supercar is based on the new AMG.EA architecture, and will use high-performance axial-flux electric motors developed by Mercedes subsidiary Yasa. .....»»
Smarter Micro approved for Shanghai STAR listing
China RF front-end module startup Smarter Micro has secured approval to launch an initial public offering (IPO) on the science and technology innovation board (STAR) of China's Shanghai Stock Exchange (SSE)......»»
Quanta mulls relocating MacBook production to Chongqing plant
Quanta Computer is mulling the feasibility of relocating production of Apple's MacBook Pros to its plant in Chongqing, southwestern China, as output at its Shanghai plant in the eastern region of the country continues to be constrained by lockdown re.....»»
Google Subsidiary in Russia To File for Bankruptcy
The Russian subsidiary of Alphabet's Google plans to file for bankruptcy, saying it had become impossible for the company to pay employees and suppliers. From a report: Google submitted a notice of intent to declare itself bankrupt, according to a me.....»»
SMIC, Hua Hong show mixed business outlook for 2Q22
China's top foundry Semiconductor Manufacturing International Corp (SMIC) has estimated the Shanghai lockdown could reduce its production by 5% in the second quarter, while another major foundry Hua Hong Semiconductor has expressed optimism about sec.....»»
DNeX and Foxconn subsidiary to build and operate 12-inch wafer fab plant in Malaysia
Dagang NeXchange Berhad (DNeX) and Big Innovation Holdings (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia......»»
Not a Single Car Was Sold in Shanghai Last Month
For evidence of just how tight Shanghai's lockdown has been, consider this: not a single car was sold in the city last month. From a report: The majority of the city's 25 million residents were mostly confined to their homes or residential compounds.....»»
Willyama Services launches a new cybersecurity subsidiary
Willyama Services a sovereign Australian, Indigenous and veteran owned technology company has launched a new subsidiary business named Willyama Cyber. Willyama Cyber was launched today at their Canberra headquarters by Andrew Barr, Chief Minister for.....»»
iPhone supplier Pegatron issues production warning over COVID lockdowns
Apple assembly partner Pegatron has advised production at a factory in Shanghai has been impacted by the COVID-19 lockdown, a warning that could harm the manufacturing of iPhones and other products.Lockdowns have caused problems in China for manufact.....»»
Elon Musk says his deal to buy Twitter is on hold
Elon Musk said he is putting his bid to acquire Twitter on hold, weeks after agreeing to take the company private in a $44 billion deal......»»
GTA steps up purchases of China homegrown fab tools
Shanghai-based analog chips foundry GTA Semiconductor has stepped up purchases from Naura Technology, ACM Research and other China-based semiconductor equipment makers to carry out its second-phase investment project in Lingang Special Area in the Sh.....»»
Sysage to acquire BenQ Guru
ICT solution provider Sysage Technology will fully acquire BenQ Guru, a provider of HCM (human capital management), SRM (supplier relationship management) and BPM (business process management) solutions, for NT$31.0 million (US$1.04 million), accordi.....»»
TI denies China layoff rumors
Texas Instruments (TI) has denied recent speculation that claims the analog chip vendor has dissolved its microcontroller R&D team stationed in Shanghai with plans to scale down its workforce in China......»»
Yen Sun sees no cutback in China orders for car cooling fans
Automotive cooling fan supplier Yen Sun Technology has seen no cutback in orders from the China market despite chip shortages and COVID lockdowns in Shanghai and other major Chinese cities, according to the company......»»
EA Sports will end its video game partnership with FIFA
Electronic Arts and its subsidiary EA Sports will end a three-decade partnership with FIFA — global soccer's governing body — the gaming company announced on Tuesday. Starting next year, the hugely popular FIFA video game franchise will be known.....»»
Musk Says He Would Reverse Twitter"s Permanent Ban on Trump
Twitter was "foolish in the extreme" in kicking former US President Donald Trump off its service, and permanent bans should be extremely rare, said Elon Musk, who has agreed to acquire the social media company. From a report: "I would reverse the per.....»»
Elon Musk says he would reverse Twitter"s Trump ban
Elon Musk said Tuesday that he would restore former President Donald Trump's banned account on Twitter if his deal to acquire the company is completed......»»
The three reasons MacBook Pro workers broke out of plant and fought with guards
More details have emerged following eye-opening video footage of MacBook Pro workers breaking through barriers and fighting with guards at a Quanta plant in Shanghai. While frustration at highly-restrictive ‘closed-loop’ production practices was.....»»
MacBook Pro shipments seriously delayed by China lockdowns
Quanta Computer's production capacity for MacBook Pros at its Shanghai, China site so far still has not been fully restored and consumers who place orders for Apple notebooks now may not receive the devices until mid-July, according to sources from t.....»»