Tag Archives: technology
Reaction to China imposing $1.2 billion fine on Didi Global
(Reuters) - China's cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated laws including ones pertaining to ...
Syndicated Content Jul 21, 2022
BE Semiconductor sees lower revenue in Q3
(Reuters) - Chipmaking equipment supplier BE Semiconductor (BESI) on Thursday forecast a drop in third-quarter revenue, citing current market conditions and seasonal trends. The maker of semiconductor...
Syndicated Content Jul 21, 2022
China fines Didi Global $1.2 billion for violating data security laws
SHANGHAI (Reuters) - China's cybersecurity regulator said on Thursday it has fined ride hailing giant Didi Global Inc 8.026 billion yuan ($1.19 billion) following a more than year long investigation i...
Syndicated Content Jul 21, 2022
France’s Thales lifts full-year guidance on strong H1 performance
By Dagmarah Mackos (Reuters) - French defence and technology group Thales SA on Thursday raised its annual forecast for order intake and sales growth on the back of robust activity across all its segm...
Syndicated Content Jul 21, 2022
SAP’s quarterly revenue beats estimates, trims 2022 profit outlook
STOCKHOLM (Reuters) - SAP reported second-quarter revenue growth of 13% on Thursday, beating estimates on a boost from its cloud business, although the German business software group trimmed its profi...
Syndicated Content Jul 21, 2022
ABB Q2 profit plunges on legacy charges and decision to quit Russia
ZURICH (Reuters) - ABB reported a 50% drop in shareholders' profit during its second quarter as the Swiss engineering and technology company took hefty charges from exiting fringe businesses and its d...
Syndicated Content Jul 21, 2022
Japan’s Renesas CEO says no plans to build chip production facilities in U.S
By Jane Lanhee Lee SAN JOSE, Calif (Reuters) - Japanese semiconductor maker Renesas Electronics Corp. has no plans to build chip factories in the United States and will continue to expand production i...
Syndicated Content Jul 20, 2022
India’s top carmaker hopes govt will support ‘green’ tech beyond EVs
By Aditi Shah NEW DELHI (Reuters) - India's top-selling carmaker, Maruti Suzuki, believes the government will show support for "green" car technology beyond full electric vehicles (EVs), such as hybri...
Syndicated Content Jul 20, 2022
Samsung SDI breaks ground for $1.3 billion battery factory in Malaysia
SEOUL (Reuters) - Samsung SDI Co Ltd has broken ground on a new 1.7 trillion won ($1.3 billion) battery factory in Malaysia to make cylindrical batteries, the company said on Thursday. The battery mak...
Syndicated Content Jul 20, 2022
South Korea targets localising 50% of its chip materials supply by 2030
SEOUL (Reuters) - South Korea said on Thursday it is targetting supplying half of its chip materials, components and equipment locally by 2030, up from 30% currently. The plan is part of President Yoo...
Syndicated Content Jul 20, 2022

