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KSA, Foxconn Talks of Building $9 Billion Facility

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 […]

Yum China, BYD Say China's COVID Curbs Have Impacted Operations

Chinese businesses from automaker BYD to KFC operator Yum China say their operations have already been hit by the country’s latest COVID-19 curbs, with more disruption expected as case numbers rise. The impact on companies comes as China battles its worst outbreak since the start of the coronavirus pandemic in early 2020. It posted a […]

Keysight Delivers Significant Enhancements to 5G Network Emulation Solution Platform Accelerating Development of 3GPP Rel-16/17 Device Designs

Enables chipset and device makers to launch advanced 5G features quickly and confidently Keysight Technologies, a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, has delivered a range of enhancements to the company’s 5G Network Emulation Solution that support the latest 3GPP Rel-15/16/17 features, and […]

Moderna Plots Vaccines Against 15 Pathogens with Future Pandemic Potential

Moderna Inc said on Monday it plans to develop and begin testing vaccines targeting 15 of the world’s most worrisome pathogens by 2025 and will permanently wave its COVID-19 vaccine patents for shots intended for certain low- and middle-income countries. The U.S. biotechnology company also said it will make its messenger RNA (mRNA) technology available […]

Canadian Minister Opposes Wholesale Transfer of Shaw's Wireless Licences to Rogers

Canada’s industry minister, François-Philippe Champagne, on Thursday said he will not permit the wholesale transfer of Shaw Communications Inc’s wireless licences to Rogers Communications Inc as part of a buyout bid for Shaw. “The wholesale transfer of Shaw’s wireless licences to Rogers is fundamentally incompatible with our government’s policies for spectrum and mobile service competition, […]

Dubai to Attract Tech Talent with the DIFC’s AI and Coding License

The United Arab Emirates (UAE) Artificial Intelligence Office and Dubai International Financial Center (DIFC) officially initiated its Artificial Intelligence (AI) and coding license to appeal to a global new wave of technology firms and coders.  The license will give companies obtaining it the ability to work with the DIFC Innovation Hub, in addition to representing an estimate […]

Telenor's Fire Sale of Myanmar Unit Includes $100 Million in Funds - Sources

Norway’s Telenor is planning to transfer $100 million held by its troubled Myanmar operations to the unit’s new buyers – an amount roughly equivalent to how much it will be paid over five years, three people with knowledge of the deal’s terms said. The previously undisclosed detail of the controversial sale underscores the urgency of […]

Taiwan to Follow SWIFT Move, Sends Medical Aid to Ukraine

Taiwan will join moves to block some Russian banks from the SWIFT international payments system and has sent humanitarian aid to Ukraine to show support for the international “democratic camp”, the government said on Tuesday. Taiwan has joined with Western-led allies in putting sanctions on Russia for its invasion of Ukraine, and expressed cross-party sympathy […]