Shares of Tesla fell about 5 per cent on Monday (Oct 30) after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle (EV) sales.…
The Board of Directors FIT Hon Teng Ltd (Foxconn) approved the investment of USD 400 million in Telangana, V Lee, Foxconn India representative said in a social media post. Taiwan-based contract manufacturer Foxconn is Apple's biggest…
Specialty glass maker Corning forecast third-quarter core sales below Wall Street estimates on Tuesday, as it grapples with the ongoing slump in the consumer electronics market. Corning said it expects core sales of about $3.5 billion in…
GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan.Photo by Steve Fecht for General MotorsDETROIT — General Motors CEO Mary Barra on Tuesday blamed a supplier of automation equipment for…
Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery…
Apple supplier Taiwan Semiconductor Manufacturing Company (TSMC) is delaying the production at its new Arizonachip plant to 2025, company chairman Mark Liu said on the company’s second-quarter earnings call Thursday. The plant was called!-->!-->!-->!-->!-->…
Top officials of Foxconn Industrial Internet (FII), the subsidiary of Taiwan-based Hon Hai Technology Group, popularly known as 'Foxconn' called on Chief Minister M K Stalin and discussed "investment opportunities"…
Taiwan Semiconductor Manufacturing said on Friday that a cybersecurity incident involving one of its IT hardware suppliers has led to the leak of the vendor's company data."TSMC has recently been aware that one of our IT hardware suppliers…