Apple’s largest iPhone assembler, Foxconn, publicized talks with the Kingdom of Saudi Arabia (KSA) concerning plans of jointly developing a $9 billion multipurpose factor to create microchips, electric-vehicle components, in addition to a variety of different products. People familiarized with the plan stated that the Saudi government is considering an offer from the Taiwanese electronics company […]
Search results for "China"
Pfizer Inc and its German partner BioNTech SE on Tuesday filed an application with U.S. regulators seeking emergency use authorization for a second booster shot of their COVID-19 vaccine for people aged 65 and older. The submission to the U.S. Food and Drug Administration includes data collected in Israel, where a second booster is authorized […]
Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]
The U.S. Energy Department on Thursday announced $36 million for projects addressing toxic waste expected to come from a new generation of nuclear reactors, plants the Biden administration sees as a crucial to fight climate change. The 11 projects, funded through the department’s ARPA-E program supporting energy research into high risk, but potentially transformational projects, […]
TikTok is nearing a deal for Oracle Corp to store its U.S. users’ information without its Chinese parent ByteDance having access to it, hoping to address U.S. regulatory concerns over data integrity on the popular short video app, people familiar with the matter said. The agreement would come a year and a half after a […]
Apple Inc’s low-cost 5G model should enhance the iPhone maker’s appeal in Asia where it is in a stiff battle with multiple rivals from Samsung to Vivo, analysts believe. After focusing on high-end phones during the pandemic-induced supply chain crisis, Apple this week unveiled 5G connectivity to its iPhone SE – for $429 – which […]
U.S. President Joe Biden met with executives of chipmakers including Samsung, Micron and other companies on Wednesday as part of an effort to push the U.S. Congress to fund $52 billion in grants to chipmakers to ease the semiconductor crunch. Biden, along with Commerce Secretary Gina Raimondo, hosted the event with Dr. Siyoung Choi, president […]
The upcoming realme GT 2 Pro puts realme into a high-end segment with its unique paper-based design and premium specifications The Mobile World Congress 2022 (MWC) kicked off in Barcelona with an exciting reveal presentation from realme. The tech-trendsetters took part in their first product launch at the MWC by unveiling their most premium flagship […]
Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to cut off Russia to stop Moscow’s invasion. Here’s what’s at stake. WHAT IS UKRAINE DEMANDING? The Ukrainian ministry of digital transformation wants North American and European technology companies to completely pause any dealings with Russian clients, potentially disrupting Russia’s economy and […]
Sweden’s Ericsson on Wednesday said the U.S. Justice Department accused it of breaking terms of a 2019 deal with prosecutors by failing to properly disclose misconduct and compliance failures in Iraq. Ericsson, which has been at the center of a scandal over possible payments to Islamic State, said U.S. authorities determined it failed to make […]