Nidec Slides As Automotive Market Softens
The slide in the EV sector continued as Nidec Corp. dropped the most in over 12 years after missing on quarterly earnings, highlighting the weakness across the global market for…
Trends Make The Portfolio
The slide in the EV sector continued as Nidec Corp. dropped the most in over 12 years after missing on quarterly earnings, highlighting the weakness across the global market for…
Chinese state media is reporting that Chinese tax authorities recently executed searches of the facilities of Foxconn, a supplier most well known for its manufacture of iPhones, and a member…
After reporting that the company’s earnings plummeted in the third quarter, Nokia, the Finnish telecom multinational, announced that it will cut as many as 14,000 workers as one element of…
A new report from Bloomberg released on Thursday finds that the anti-trust regulations in the EU which are being leveraged against global tech majors such as Google are increasing the…
Yandex, the Russian tech giant, announced on Tuesday it has begun to test a new unmanned taxi service in the Black Sea resort city of Sochi. The trial will entail…
On Wednesday, German chipmaker Infineon announced that it signed a multi-year agreement to supply power semiconductors to Hyundai and Kia for the production of electric cars. With additional financial contributions…
On Monday, LinkedIn announced it will be laying of over 660 employees across its engineering, product, talent, and finance teams. In a news release, the resume-sharing social media site said,…
Microsoft has said it will appeal the US Internal Revenue Service decision that it must pay an additional $28.9 billion in back taxes for the years 2004 to 2013, according…
On Friday, the Indian government noted that it had issued notices to the social media platforms X, formerly known as Twitter, YouTube, and Telegram, demanding they ensure their platforms are…
On Tuesday, ASM International, the Dutch semiconductor equipment maker, upgraded its 2025 revenue target, noting that its innovative strategy and its transition to new technologies will deliver it increased revenue.…