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Canada, South Korea Seek deeper Cooperation on Critical Minerals

Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol on Friday agreed to deepen cooperation on critical minerals used in electric vehicles (EVs) batteries as both countries seek to cut emissions to fight climate change. Yoon visited London for the funeral of Queen Elizabeth, and then New York in his first U.S. trip […]

Ericsson Says no Hardware Exported to Russia, Only Software Support

STOCKHOLM (Reuters) – Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports. Shares of the company fell 4.6 percent in morning trading. Ericsson […]

New China ETFs Test Investor Appetite Amid Sino-U.S. Tech War, Market Rout

Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating Sino-U.S. tech war, and a global rout in tech shares. The new batch of exchange-traded funds (ETFs) were given regulatory approval at record pace over the weekend, in an apparent effort by authorities […]

Chipmaker Qualcomm Says Automotive Future Business Expands to $30 Billion

(Reuters) -U.S. chip designer Qualcomm Inc on Thursday said its automotive business “pipeline” increased to $30 billion, up more than $10 billion since its third quarter results were announced in late July. The jump in future business was thanks to its Snapdragon Digital Chassis product used by car makers and their suppliers, Qualcomm said at […]

Printing The Future: New Factory Tech Reshapes The U.S. Industrial Economy

The giant machines churning out metal parts on this factory floor do not bang or clang – or make any other noise usually associated with heavy-duty manufacturing. They hum. “It sounds like a data center in here,” said John Hart, a co-founder of VulcanForms, a start-up 3D printing company that grew out of his research […]

Automakers Tackle Patent Hurdle in Quest for In-Car Tech

Over a dozen automakers including Toyota and Nissan, have signed up with a platform for patent licences from 51 tech companies, aiming to simplify access to wireless technology and avoid costly legal battles. Conflicts have stemmed in part from different views among carmakers, suppliers and tech firms over who should shoulder the cost of licensing. […]

SoftBank Looks to Form a 'Strategic Alliance' Between Arm and Samsung

SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic […]