Foxconn to Host EV Strategy Seminar in Japan Following Mitsubishi Deal
Foxconn will hold a seminar in Japan on April 9 to present its electric vehicle strategy, according to two sources with direct knowledge of
30 minutes ago1 min read
OpenAI Projects Positive Cash Flow by 2029 Amid Rising AI Costs
OpenAI does not expect to achieve positive cash flow until 2029, Bloomberg News reported, citing a source familiar with the matter.
1 day ago1 min read
BYD Surpasses Tesla Again as Annual Sales Exceed USD 100 Billion
BYD has once again outpaced Tesla in global electric vehicle (EV) sales, reporting a record-breaking annual revenue of 777 billion yuan...
2 days ago2 min read
India Demands USD 601 Million in Back Taxes From Samsung Over Telecom Imports
India has ordered Samsung and its executives to pay USD 601 million in back taxes and penalties for allegedly evading tariffs
2 days ago3 min read
DBS' Incoming CEO Tan Su Shan Open to Strategic Acquisitions
DBS Group's incoming CEO, Tan Su Shan, is open to "bolt-on" acquisitions while prioritising high-return businesses such as wealth and transa
3 days ago2 min read
Xiaomi Raises USD 5.5 Billion in Share Sale to Boost EV Expansion
Xiaomi Corp has raised USD 5.5 billion in an upsized share sale as it accelerates its electric vehicle (EV) manufacturing plans.
3 days ago2 min read
Apple Losing Over $1 Billion Annually on Streaming Service
Apple is losing more than $1 billion a year on its streaming service, Apple TV+, according to a report by the Information.
Mar 212 min read
Foxconn Expects Server Revenue to Surpass iPhone Sales Within Two Years
Foxconn, the world's largest contract electronics manufacturer and Apple's primary iPhone producer, expects its server revenue to exceed its
Mar 201 min read
