[1/2]A Huawei logo and a 5G sign are pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song Summary Companies US-sanctioned giant likely to produce 5G chips domestically Chips expected to use Huawei EDA tools and SMIC production Semiconductors could have relatively low yield rate of 50% SHENZHEN, China, July 12… Continue reading article with gallery
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TOKYO, July 12 (Reuters) – SoftBank is considering a U.S. listing for its PayPay payments business, three sources familiar with the matter said, in what could mark another American listing for Masayoshi Son’s sprawling tech conglomerate along with chip designer Arm. New York is seen as a more attractive destination than Tokyo given the higher… Continue reading Untitled
US EV market struggles with price cuts and rising inventories
DETROIT, July 11 (Reuters) – The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers’ dealerships or to allow Tesla to avoid new price cuts, according to analysts and industry data. Rising inventories and price-cutting could represent only a short-term… Continue reading US EV market struggles with price cuts and rising inventories
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WASHINGTON, July 11 (Reuters) – A U.S. judge ruled on Tuesday that Microsoft may go forward with its planned acquisition of videogame maker Activision Blizzard, turning aside antitrust enforcers’ request for a preliminary injunction to temporarily stop the $69 billion deal. Shortly after the judge’s ruling, Britain’s Competition and Markets Authority, which had objected to… Continue reading Untitled
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Toyota targets Europe, China in hydrogen sales pivot
[1/2]A 2020 Toyota Mirai hydrogen electric fuel cell car is displayed at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020. REUTERS/Chris Helgren Show more companies TOKYO, July 11 (Reuters) – Toyota Motor (7203.T) will focus on selling hydrogen-powered trucks and cars in Europe and China, as part of a push to… Continue reading Toyota targets Europe, China in hydrogen sales pivot
China gallium curbs raise chip questions for future EV models
LONDON, July 11 (Reuters) – China’s looming gallium export controls leave automakers with a dilemma over whether they can continue to rely on a metal which had been seen as a game changer for electric vehicles. Gallium is currently used in a wide variety of applications, from LEDs to smaller mobile phone adaptors. Little known… Continue reading China gallium curbs raise chip questions for future EV models
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July 11 (Reuters) – Several Canadian companies and government agencies have stopped advertising on Facebook and Instagram after Meta Platforms (META.O) decided to stop news access on the apps over a law that requires payments to local news publishers. The “Online News Act”, which was approved by the Canadian parliament and received a royal assent… Continue reading Untitled
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source