Tag Archives: technology
Huawei-backed Aito says gets 50,000 orders for M7 car since relaunch
SHENZHEN, China (Reuters) - Huawei-backed electric vehicle (EV) brand Aito has received more than 50,000 orders for its revamped M7 model within the first 25 days since it went on sale, the company sa...
Oct 09, 2023
Top Wall St brokerages rate Arm’s stock a “buy” on earnings potential
(Reuters) - Big Wall Street brokerages, including J.P.Morgan and Goldman Sachs, started coverage of Arm Holdings with their top ratings a month after its blockbuster market debut, expecting the chip d...
Oct 09, 2023
South Korean firms get waiver on US chip gear supplies to China
SEOUL (Reuters) -Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely, without separate U.S. approvals, Yonhap news agency quoted South ...
Oct 09, 2023
China targets 50% growth in computing power in race against U.S
(Corrects growth target to 50%, not 30%, in headline and first paragraph) By Josh Ye HONG KONG (Reuters) -China aims to boost the country's aggregate computing power by more than 50% by 2025, accordin...
Oct 09, 2023
Schaeffler – to submit tender offer for Vitesco Technologies
(Reuters) - Schaeffler AG is to launch a tender offer to all shareholders of Vitesco Technologies, the German EV components maker said on Monday. The company is offering to acquire all no-par value re...
Oct 09, 2023
Israel’s tech sector could face disruptions after attacks -investors
By Max A. Cherney, Mica Rosenberg and Steven Scheer SAN FRANCISCO/JERUSALEM (Reuters) - Tech companies operating in Israel are expected to fortify security as they could face disruptions, said investo...
Oct 08, 2023
EU sees ‘convergence’ with Japan on AI – official
By Sam Nussey TOKYO (Reuters) - The European Union sees "convergence" with Japan on thinking about generative artificial intelligence (AI), a senior official said on Monday. "I see a lot of convergenc...
Oct 08, 2023
Australia’s EcoGraf considers battery anode material facility development in Vietnam
(Reuters) - Australia's EcoGraf said on Monday it would evaluate prospects of developing a battery anode material (BAM) facility in Vietnam in collaboration with local lithium-ion battery manufacturer...
Oct 08, 2023
Billionaire Schaeffler family mulls Vitesco buyout -Bloomberg News
(Reuters) - Germany's billionaire Schaeffler family is considering a buyout of Vitesco Technologies Group to boost their presence in the electric vehicle supply chain, Bloomberg News reported on Sunda...
Oct 08, 2023
Japan to allocate $205 million to support electric aircraft systems – Nikkei
TOKYO (Reuters) - Japan will subsidize hydrogen fuel cell systems and other equipment to the tune of 30.6 billion yen ($205 million), the Nikkei business daily reported on Sunday. The government's dec...
Oct 08, 2023
