17/04 Cut shifts or ramp up output? Vietnam's exporters face dilemma amid tariff chaos
-There has been a chaotic reaction by exporters in the Southeast Asian industrial hub.
- Reuters16/04 Chinese factory bids to keep exporting fun amid US trade war
-Bin Zhang is in the business of fun, but his job has become less so because of U.S. President Donald Trump.
- Reuters15/04 At China's largest trade fair, exporters say US markets are 'frozen'
-Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished.
- Reuters14/04 Taiwan tech supply chain stocks bounce back after Trump tariff exemptions
-Stocks in Taiwanese tech companies that are major suppliers to companies like Apple rose on Monday after the U.S. government granted temporary exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China.
- Reuters14/04 Japan's Nikkei trades higher as iPhone-related stocks jump
-Japan's Nikkei share average traded higher early on Monday as iPhone-related shares jumped after the U.S. administration granted exclusions from steep tariffs on smartphones and other electronics imported largely from China.
- Reuters10/04 Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs, sources say
-About six cargo jets with a capacity of 100 tons each have flown out since March.
- Reuters09/04 Exclusive: Apple supplier Luxshare weighs manufacturing in U.S. to tackle tariffs
-Apple supplier Luxshare is in talks with customers on ways to respond to U.S. tariffs by shifting more production outside China, including the United States, its chairwoman told analysts in a telephone call on Wednesday.
- Reuters07/04 Taiwan stocks plummet, exchange to take more stabilisation steps if needed
-Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.
- Reuters05/04 Foxconn reports record Q1 revenue, says it must closely watch global politics
-Taiwan's Foxconn, the world's largest contract electronics maker, posted its highest first-quarter revenue ever on strong demand for artificial intelligence products but said it would need to closely watch global politics.
- Reuters03/04 A $2,300 Apple iPhone? Trump tariffs could make that happen.
-Your favorite iPhone could soon become much pricier, thanks to tariffs.
- Reuters21/03 What's the difference between "sodium" ion mobile batteries, not lithium...?
-A mobile battery is essential for charging your smartphone when you go out. This mobile battery is basically a lithium-ion battery and uses rare metals such as cobalt and lithium. In fact, these rare metals (especially cobalt) have become social issues such as human rights issues in terms of safety and environmental pollution when mining. Meanwhile, ELECOM, the manufacturer with the highest number
- MSN18/03 Elecom launches the world's first consumer-grade sodium ion mobile power supply: 9000mAh capacity, 45W output
-Elecom launches the world's first consumer-grade sodium ion mobile power supply: 9000mAh capacity, 45W output
- Sina07/03 Nissan board to meet on March 11, discuss potential CEO successors, sources say
-Nissan directors are due to gather on March 11 to discuss potential successors for CEO Makoto Uchida, whose position is seen as increasingly untenable given the Japanese automaker's weak performance, three people familiar with the matter said.
- Reuters07/03 Who could be the next Nissan CEO after Uchida?
-Nissan CEO Makoto Uchida is under deepening pressure over the Japanese automaker's weakening performance and board members are due to gather on March 11 to discuss potential successors, people familiar with the matter have said.
- Reuters23/01 Exclusive: India watchdog faults probe of Foxconn hiring, orders new inquiry
-India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show.
- Reuters06/01 Chip firms surge on hopes of strong AI-led demand
-Shares of chipmakers jumped on Monday as Microsoft's plan to invest $80 billion in AI-enabled data centers in fiscal 2025 spurred bets that semiconductor demand would remain strong.
- Reuters24/12 The large capacity 500ml mug “Cook Mug” that can be boiled and simmered is now available!
-Cook Mu, a mug-shaped electric pot released by ELECOM in 2022, will make your wishes come true. (Cook Mag). A convenient item that allows you to easily cook soup or warm drinks on your table. This winter, a new size "Cook Mug plus" with a larger capacity...
- MSN23/12 Honda, Nissan set to announce launch of integration talks, sources say
-Honda and Nissan are expected on Monday to announce the start of business integration talks, two people familiar with the matter told Reuters, as the carmakers strive to survive a rapidly changing industry landscape.
- Reuters18/12 Japan's Space One Kairos rocket fails minutes after liftoff
-Space One aborted its second bid to become the country's first company to deliver a satellite to the Earth's orbit.
- Reuters03/12 US targets China's chip industry with new restrictions
-The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group , among other moves.
- Reuters02/12 Exclusive: Latest US strike on China's chips hits semiconductor toolmakers
-The US will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies.
- Reuters27/11 Taiwan's Foxconn says global manufacturing footprint to shield it from Trump's tariffs
-Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing footprint.
- Reuters26/11 Investors say they know how to trade Trump 2.0
-Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the U.S. President-elect took to social media and pledged new tariffs on Mexico, Canada and China.
- Reuters26/11 Trump's tariff pledge spells trouble for auto and tech companies
-President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.
- Reuters19/11 Nvidia’s growing cash hoard points to M&A
-Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und
- Reuters18/11 Breakingviews - Nvidia’s growing cash hoard points to M&A
-Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und
- Reuters18/11 Foxconn tells India recruiters: Nix marital status in iPhone job ads
-The Apple supplier has ordered hiring agents that help recruit iPhone assembly workers in India to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements.
- Reuters17/11 Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say
-India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters.
- Reuters05/11 After SpaceX's requests, Taiwanese suppliers move manufacturing abroad, sources say
-Elon Musk's SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and corporate documents.
- Reuters21/10 Exclusive: Mexico's new government mulls tax incentives to lure foreign companies
-Mexico is considering tax credits to attract foreign firms to invest and produce domestically, targeted at electric vehicle (EV), semiconductor, rare earth minerals, battery and electronics sectors, a top Mexican trade official said in an interview.
- Reuters11/09 Factories in Vietnam's export hubs face weeks of disruption after typhoon
-Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam's export-oriented industrial hubs, with some shuttered plants expected to need weeks to return to full operation, executives said.
- Reuters23/08 India's silver imports to double on demand for solar, investment
-India's silver imports are on course to nearly double this year due to rising demand from solar panel and electronics makers, and as investors bet the metal will give better returns than gold, leading importers said on Friday.
- Reuters17/08 Foxconn chief defends India hiring after report that it rejects married women
-Reuters reported in June that Foxconn systematically excluded married women from jobs at its main India iPhone assembly plant.
- Reuters14/08 Apple supplier Foxconn's Q2 profit rises 6% on year, beats forecasts
-Apple supplier Foxconn reported on Wednesday a 6% rise in second-quarter net profit, driven by strong AI server demand.
- Reuters13/08 Breakingviews - Taiwan is punching well above its market weight
-Taiwan's markets are not falling in line. The MSCI index comprised of Taiwanese stocks has dropped sharply in recent weeks but, unlike its peers in Japan and South Korea, has not come close to reversing its rise for 2024. Indeed, its year-to-date gains of nearly 28% are more than double those of the S&P 500 .
- Reuters08/07 China EV maker BYD to build $1-bln plant in Turkey
-Chinese electric vehicle manufacturer BYD Co Ltd agreed with the Turkish government to build a $1-billion production plant in Turkey with an annual capacity of 150,000 vehicles, state-run Anadolu news agency said on Monday.
- Reuters03/07 Exclusive: Indian officials visit Foxconn iPhone plant, question executives about hiring
-Indian labour officials visited a Foxconn factory in the country's south this week and questioned executives about the company's hiring practices, an official said, after Reuters reported that the major Apple supplier has been rejecting married women from iPhone assembly jobs.
- Reuters01/07 India human rights body says Reuters story on Foxconn hiring raises discrimination concerns
-India's human rights watchdog said on Monday it had asked government officials to examine reported discrimination by Foxconn, after a Reuters investigation found the major Apple supplier has been rejecting married women from iPhone assembly jobs in the country.
- Reuters29/06 India opposition asks Modi government to question Foxconn hiring practices
-India's opposition Congress urged Prime Minister Narendra Modi's government on Saturday to question Foxconn about its hiring practices after Reuters reported that the Apple supplier rejects married women from iPhone assembly jobs in the country.
- Reuters28/06 Women's wing of Modi's party calls for probe into Foxconn India hiring practices
-The women's wing of Indian Prime Minister Narendra Modi's ruling party on Friday urged the National Commission for Women to launch an investigation after Reuters reported that Apple supplier Foxconn rejects married women from iPhone assembly jobs in the country.
- Reuters26/06 Modi's govt calls on Indian state to look into Reuters report on Foxconn hiring
-Indian Prime Minister Narendra Modi's government on Wednesday said it has asked the Tamil Nadu state to submit a "detailed report" after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country.
- Reuters25/06 South Korea battery maker apologises for deadly fire but says it complied with safety rules
-The CEO of a South Korean lithium battery manufacturer apologised on Tuesday following a massive factory fire that killed 23 workers, but said the company had complied with all required safety precautions and training.
- Reuters24/06 Fire at South Korea battery plant kills at least 16 people, 5 missing
-A fire broke out at a lithium battery factory in South Korea on Monday, killing at least 16 people and five others remain missing, local fire officials said.
- Reuters20/06 Electronic components maker Jabil beats estimates as demand recovers
-Electronic components maker Jabil Inc on Thursday posted better-than-expected quarterly results, indicating recovery in demand in its 5G, AI datacenter markets after a sluggish period.
- Reuters18/06 Trump holds rally in Wisconsin city where his promises of new jobs fell short
-Donald Trump holds a rally in Racine, Wisconsin, on Tuesday, where he will slam Democratic President Joe Biden's handling of the economy, even as a major local factory that Trump broke ground on six years ago has proven to be a flop.
- Reuters07/06 Staff at drugmaker under U.S. scrutiny worked with Chinese military scientists
-Employees of drugmaker WuXi AppTec, under U.S. scrutiny for its links to the Chinese military, co-invented altitude sickness treatments with People's Liberation Army (PLA) scientists, according to public patent records and science papers reviewed by Reuters.
- Reuters03/06 India's Modi plans post-election reforms to rival Chinese manufacturing
-Indian Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter.
- Reuters22/05 Norway, along with Ireland and Spain, to recognise Palestinian state
-Norway will recognise an independent Palestinian state in the hope that this will help to bring peace with Israel, Prime Minister Jonas Gahr Stoere said on Wednesday.
- Reuters21/05 Exclusive: Apple supplier Foxconn among firms asked to cut power use in Vietnam
-Vietnamese officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30% at its assembly plants in the north of the country where there were electricity outages last year, two people familiar with the matter said.
- Reuters14/05 US companies with highest exposure to China
-U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks.
- Reuters14/05 Apple supplier Foxconn's Q1 profit jumps 72% y/y, misses forecasts
-Apple supplier Foxconn reported on Tuesday a 72% rise in first-quarter profit, boosted by strong demand for computer servers and coming off a low base from the period a year earlier.
- Reuters10/05 Foxconn's Q1 profit to jump from low base, AI to power growth
-Taiwan's Foxconn , the world's largest contract electronics maker, is expected to report on Tuesday that first-quarter profit more than doubled on robust demand for artificial intelligence servers and after coming off a low base a year ago.
- Reuters05/05 Foxconn reiterates Q2 revenue to grow, posts record April sales
-Taiwan's Foxconn, the world's largest contract electronics maker and the biggest assembler of Apple's iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for the month of April. Foxconn said in a statement that this year's second quarter "remains a traditional off-peak season, and major products are entering a period of transition between old and ne
- Reuters22/04 Exclusive: Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives
-Activist investor Jana Partners is urging the world's largest maker of silicon carbide Wolfspeed Inc to explore all ways to improve shareholder value, including a potential sale, according to a letter reviewed by Reuters.
- Reuters12/04 US says China is boosting Russia's war machine in Ukraine
-China is supporting Russia's war effort in Ukraine by helping Moscow ramp up its defense production through large amounts of machine tools, microelectronics, drone and cruise missile technology, senior U.S. officials said on Friday.
- Reuters10/04 Exclusive: Foxconn considers rotating CEOs in management reshuffle
-Apple supplier Foxconn is considering introducing a rotating chief executive system in a major overhaul of its management structure designed to nurture future talent, three sources briefed on the matter told Reuters.
- Reuters03/04 Morning Bid: Markets brace for supply chain aftershock
-A look at the day ahead in European and global markets from Tom Westbrook
- Reuters18/03 Warehouse developers bet on India as companies look beyond China
-Land is getting hard to find in a sprawling industrial park in southern India where workers are scrambling to build modern new warehouses and factories for companies betting on the country's economic boom or diversifying their supply chains beyond China.
- Reuters01/03 Breakingviews - Make in India can dial up Chinese characteristics
-India’s ambition to become a factory to the world can use a helping hand from China. The South Asian country wants to triple electronics exports to $300 billion in about three years, but its firms lack the expertise to manufacture parts like display screens and camera modules - areas dominated by suppliers from the People's Republic. Convincing them to set up factories in India will be tricky, but
- Reuters28/02 After Nikkei's record run, investors want to know if Japan has changed for real
-A corporate governance makeover has helped fuel the revival of Japan's once-moribund stock market. Now investors want to see if the change is for real.
- Reuters27/02 Vietnam plans union reform to avert trade woes, risking foreign firms' unease
-Communist-ruled Vietnam is expected to ratify this year the UN convention for the free establishment of trade unions, UN officials and diplomats said, in a move meant to cut risks of trade disputes but likely leaving some foreign companies uneasy.
- Reuters21/02 Foxconn founder Terry Gou makes first high profile appearance in months
-Terry Gou, the billionaire founder of major Apple supplier Foxconn , made his first high profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year.
- Reuters15/02 Japan takes another shot at next-generation H3 rocket launch
-Japan will try again this weekend to launch its new flagship rocket, the H3, in a bid to restore its space program after the booster's failed inaugural flight last year derailed satellite and planetary exploration plans.
- Reuters14/02 Exclusive: NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say
-Japan's NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company at a discount, five people said.
- Reuters13/02 Exclusive: India IT ministry fears losing out to China, Vietnam in smartphone exports race
-India risks losing out to China and Vietnam as it seeks to become a major smartphone export hub and must "act fast" to lure global companies with lower tariffs, the deputy IT minister said in government documents seen by Reuters.
- Reuters04/02 Foxconn sees 'slightly better' 2024, warns on AI chip shortage
-Taiwan's Foxconn , Apple's biggest iPhone assembler and the world's largest contract electronics maker, expects its business this year to be "slightly better" than last year but is facing a shortage of chips for AI servers.
- Reuters24/01 Crypto lender Nexo seeks $3 bln in damages from Bulgaria over aborted investigation
-Cryptocurrency lender Nexo is seeking $3 billion in damages from Bulgaria over an aborted criminal investigation that the company alleges scuppered its plans for a U.S. stock market listing and a soccer sponsorship deal, legal filings seen by Reuters show.
- Reuters05/12 Five killed as southern India braces for Cyclone Michaung
-Heavy rains submerged roads and shut down a major airport in southern India on Tuesday, where at least five people, including a child, were killed in the flooding and the havoc hours before a severe cyclone was due to make landfall.
- Reuters04/12 Foxconn and Pegatron halt Indian iPhone output due to extreme weather -sources
-Taiwan's Foxconn and Pegatron have halted production of Apple iPhones at their factories near Chennai in southern India because of heavy rains, sources close to the matter said on Monday.
- Reuters24/11 Foxconn founder Terry Gou withdraws from race to be Taiwan president
-Terry Gou, the billionaire founder of major Apple supplier Foxconn , on Friday withdrew from the race to be Taiwan's next president after the breakdown of opposition talks to mount a joint ticket against the ruling party.
- Reuters24/11 Taiwan opposition rushes to register candidates after talks implode on live TV
-Taiwan's opposition parties rushed to register their candidates for president on Friday with hours to go before a deadline, after talks on running a joint ticket collapsed in dramatic fashion on live television amid bitter arguments.
- Reuters20/11 Shares of Foxconn's EV unit slide 9% in market debut
-Shares of Foxtron Vehicle Technologies , a unit of iPhone supplier Foxconn , fell as much as 9% in their market debut on Monday, hurt concerns over potential headwinds in the highly competitive electric vehicle market.
- Reuters14/11 Foxconn founder Terry Gou qualifies to run for Taiwan president
-Terry Gou, the billionaire founder of major Apple supplier Foxconn , has collected three times the amount of signatures needed to qualify to run in Taiwan's presidential elections, the government said on Tuesday.
- Reuters14/11 Apple supplier Foxconn's Q3 profit rises 11%, much better than forecasts
-Apple Inc supplier Foxconn reported on Tuesday a surprise 11% rise in third-quarter profit.
- Reuters06/11 Siemens, Ericsson warn EU cybersecurity rules may disrupt supply chains
-Electronics makers Siemens , Ericsson and Schneider Electric , along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic.
- Reuters05/11 Foxconn sticks to strong end-of-year sales outlook
-Taiwan's Foxconn , the world's largest contract electronics maker and a major Apple supplier, on Sunday stuck to its previous outlook of strong year-end holiday sales, and said customers were buying well in China and the United States.
- Reuters25/10 Foxconn founder Terry Gou lies low in Taiwan election as China tax probe reverberates
-After mastering making iPhones, Taiwan's Terry Gou, the billionaire founder of major Apple supplier Foxconn , wanted to turn his entrepreneurial skills elsewhere - to be the island's next president.
- Reuters25/10 Amid Foxconn probe, China tells Taiwan firms to play positive role in ties
-Taiwanese companies should assume their social responsibilities and play a "positive role" in promoting the peaceful development of relations across the Taiwan Strait, China's government said on Wednesday, amid a probe into major Apple supplier Foxconn.
- Reuters24/10 Who is running to be Taiwan's next president?
-Taiwan is set to vote on Jan. 13 in presidential and parliamentary elections, held once every four years.
- Reuters23/10 Foxconn shares drop after report of China tax audit, land use probe
-Shares in Taiwan's Foxconn , a major supplier of Apple's iPhones, dropped as much as 3% on Monday after a report the company is the subject of tax audits and land use probes in China just months ahead of a Taiwanese election.
- Reuters22/10 Foxconn faces tax audit, land use probe - Chinese state media
-Foxconn Technology Group , Apple Inc's largest supplier of iPhones, has been subjected to tax audits at some of its key subsidiaries, suspected of violating laws and regulations, Chinese state media reported on Sunday.
- Reuters18/10 Foxconn to build AI data factories using Nvidia chips and software
-Taiwan's Foxconn , the world's largest contract manufacturer, will build artificial intelligence data factories using Nvidia chips and software to use in products including self-driving cars, the companies said on Wednesday.
- Reuters09/10 Ukraine races to make more war drone components at home
-As Ukraine seeks the upper hand against Russia's far larger military with tens of thousands of cheap attack drones, producers and officials are working to have more components made locally to avoid exposure to shifting geopolitics.
- Reuters06/10 Foxconn founder Terry Gou says he has reached Taiwan election bid threshold
-Terry Gou, the billionaire founder of major Apple supplier Foxconn , said on Friday he had already collected enough electorate signatures to qualify to stand as an independent in January's presidential election.
- Reuters26/09 Mexico eyes US energy exports from solar farm, chip supply chain role
-Mexico's northern state of Sonora wants to export clean energy to California and Arizona from a massive new solar farm project and play a role in the chip supply chain given TSMC's $40 billion investment in Arizona, Sonora's governor said.
- Reuters25/09 OpenAI CEO says possible to get regulation wrong, but should not fear it
-The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but it is important and should not be feared, amid global concerns about rapid advances in artificial intelligence, or AI.
- Reuters14/09 Foxconn founder Gou picks Netflix hit show actress as presidential running mate
-Terry Gou, the founder of major Apple supplier Foxconn , on Thursday said his running mate in Taiwan's presidential election next year would be Tammy Lai, an actress who starred in a high-profile Netflix drama.
- Reuters08/09 What does Huawei’s new phone series mean for Apple in China?
-A new series of smartphones launched by China's Huawei Technologies (HWT.UL) has drawn global attention for containing technology that indicates the company has managed to overcome U.S. sanctions and could come back as a rival to Apple
- Reuters08/09 Apple suppliers slide on China anxiety, threat from Huawei
-China's widening curbs on iPhone use by government staff intensified a sell-off in global tech stocks on Friday, fanning fears that Apple and its suppliers could take a hit from rising Sino-U.S. tensions and growing competition from Huawei.
- Reuters08/09 Exclusive: India's Reliance explores chipmaking foray, talking with potential partners -sources
-Billionaire Mukesh Ambani's Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, two people familiar with its strategy said.
- Reuters05/09 Bankrupt Lordstown Motors proposes zero payment for Foxconn shares
-Bankrupt electric vehicle manufacturer Lordstown Motors has proposed to pay nothing for Taiwan's Foxconn's preferred equity shares, saying it will prioritize other shareholders if an ongoing sales effort generates enough cash to repay other debts.
- Reuters02/09 Terry Gou, seeking Taiwan presidency, resigns as Foxconn board member
-Terry Gou, the billionaire founder of major Apple supplier Foxconn , resigned as a company board member, the Taiwanese company said on Saturday, less than a week after announcing a bid to be the island's next president.
- Reuters31/08 Taiwan parties battle for younger voters as high-stakes elections loom
-Taiwan's presidential hopefuls are increasingly turning their attention to young voters.
- Reuters30/08 Terry Gou, the man who made iPhones, bids again to be Taiwan president
-After mastering making iPhones, Taiwan's Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , now wants to turn his entrepreneurial skills elsewhere - to be the island's next president.
- Reuters29/08 Foxconn founder muddies Taiwan election race with presidency bid
-Billionaire Foxconn founder Terry Gou's decision to stand for Taiwan's presidency has thrown a spanner in the works of a January election expected to return the ruling party for a third term at a time of soaring tensions with China.
- Reuters28/08 Foxconn founder Terry Gou announces run for Taiwan presidency
-Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , said on Monday he was entering the race to be Taiwan's next president as an independent candidate.
- Reuters28/08 EV maker BYD buys Jabil's China manufacturing business for $2.2 billion
-Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean unit to buy its product manufacturing business in China for 15.8 billion yuan ($2.17 billion).
- Reuters23/08 Analog Devices' fourth-quarter forecasts disappoint as consumer demand weakens
-Analog Devices forecast fourth-quarter revenue below Wall Street targets on Wednesday, in a sign that the chip industry inventory glut, fueled by weak consumer demand, might prevent fresh orders from flowing in.
- Reuters22/08 Exclusive: Rare earths magnet firms turn to Vietnam in China hedge
-Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, according to documents and people familiar with the plans, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.
- Reuters18/08 Foreign investors undeterred by China tensions, says Taiwan stock exchange chairman
-Foreign investors seem to be undeterred by the possibility that growing tensions between Taiwan and China could precipitate fund outflows from the Taiwan market, the chairman of the Taiwan Stock Exchange told Reuters.
- Reuters18/08 McLaren Applied's Lavoie in talks to buy Dutch e-bike maker VanMoof - source
-Lavoie, the electric scooter unit of Formula One engineering and technology firm McLaren Applied, is in advanced talks to buy bankrupt Dutch e-bike maker VanMoof, according to a source familiar with the negotiations.
- Reuters13/08 Exclusive: SoftBank in talks to buy Vision Fund's 25% stake in Arm -sources
-SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering a win for investors who have waited years for strong returns.
- Reuters05/08 Foxconn's July sales drop 1.23% y/y, Q3 outlook better
-Taiwan's Foxconn, the world's largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23% year-on-year but forecast a business rebound for the third quarter.
- Reuters01/08 Exclusive: Foxconn EV venture targets India, Thailand for new small car
-Foxconn's venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit's chief executive said.
- Reuters01/08 Foxconn Industrial Internet denies signing deal with Tamil Nadu -report
-A subsidiary of tech giant Foxconn said that it had not signed any agreement to invest 16 billion rupees ($194.6 million) in Tamil Nadu, China's Securities Times reported on Tuesday.
- Reuters27/07 Lordstown Motors stalls on the road to a quick bankruptcy sale
-Bankrupt Lordstown Motors must face trial over a rival carmaker's claim that Lordstown vehicles include stolen technology, a U.S. judge ruled Thursday, dealing a blow to the company's hopes for a quick bankruptcy sale.
- Reuters21/07 China announces steps to boost sales of cars, electronics
-Chinese authorities announced a raft of measures on Friday to help boost sales of automobiles and electronics, and warned local governments from rolling out policies that would fuel vicious competition, as they seek to shore up a slowing economy.
- Reuters11/07 Troubles of Indian tycoon Anil Agarwal's Vedanta mount as Foxconn ditches JV
-Taiwan's Foxconn has decided to withdraw from a $19.5 billion semiconductor joint venture with Vedanta , the latest business challenge for the Indian conglomerate led by Chairman Anil Agarwal.
- Reuters11/07 Foxconn eyes India chipmaking incentives after quitting $19.5 bln JV
-Taiwan's Foxconn said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion chipmaking joint venture.
- Reuters11/07 India's Vedanta slips after Foxconn pulls out of semiconductor JV
-India's Vedanta fell over 2% on Tuesday, a day after Taiwan's Foxconn said it withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate.
- Reuters10/07 Foxconn dumps $19.5 bln Vedanta chip plan in blow to India
-Taiwan's Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday in a setback to Prime Minister Narendra Modi's chipmaking plans for India.
- Reuters07/07 Morning Bid: Markets buckle under US rates, China blues
-A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
- Reuters30/06 Exclusive: Letter from prison: South Korean chip exec denies stealing Samsung data for China factory
-A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to build a copycat chip factory in China with sensitive information developed by Samsung Electronics.
- Reuters28/06 Analysis: India's aerospace suppliers see upside in parts-making from record jet orders
-Indian aerospace suppliers see record jet orders by the country's top two carriers boosting domestic parts manufacturing and aircraft repairs, but argue the government must do more to support production.
- Reuters27/06 Lordstown Motors files bankruptcy, sues Foxconn
-Lordstown Motors filed for bankruptcy protection on Tuesday and put itself up for sale after the U.S. electric truck manufacturer failed to resolve a dispute over a promised investment from Taiwan company Foxconn.
- Reuters27/06 Indictment details plan to steal Samsung secrets for Foxconn China project
-When former Samsung executive Choi Jinseog won a contract with Taiwan's Foxconn in 2018, he tapped his former employer's supplier network to steal secrets to help his new client set up a chip factory in China, a sealed indictment by South Korean prosecutors alleges.
- Reuters22/06 Factbox: Modi's US visit may encourage more American firms to invest in India
-Indian Prime Minister Narendra Modi's visit to the United States may encourage more American companies to consider investing in the South Asian country as they look to reduce their reliance on China for manufacturing-related activities.
- Reuters19/06 Their parents made China the world's factory. Can the kids save the family business?
-When Steven Du took over his parents' factory producing temperature control systems in Shanghai, one of the first changes he made was to turn on the plant's heating in winter - something his frugal forebears were reluctant to do.
- Reuters01/06 Nvidia CEO feels safe relying on Taiwan for chips
-Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence (AI), feels "perfectly safe" about relying so much on chip powerhouse Taiwan for manufacturing, its chief executive Jensen Huang said on Thursday.
- Reuters01/06 ISMC's India chip plan stalls after Tower-Intel deal in setback to Modi
-A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner has been stalled due to the company's ongoing takeover by Intel, three sources said, dashing India's chip making plans.
- Reuters31/05 Foxconn sees AI driving strong server demand, but full year to be flat
-Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
- Reuters01/05 Lordstown shares plunge 48% as investor Foxconn alleges agreement breach
-Lordstown Motors shares plunged 48% Monday after major shareholder Foxconn alleged it breached their $170 million investment deal and the electric truck maker warned it might be forced to file for bankruptcy.
- Reuters18/04 Foxconn founder, seeking Taiwan presidency, has no plan to visit China
-Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , has no plan for now to visit China, he said on Tuesday, in his bid to become the presidential nominee of Taiwan's main opposition party.
- Reuters11/04 Morning Bid: China focus turns back to the macro
-A look at the day ahead in Asian markets from Jamie McGeever.
- Reuters10/04 Morning Bid: China-Taiwan tensions loom ever larger
-Market volatility may rise as volume stays light because of the Easter holiday in Europe.
- Reuters09/04 Foxconn plans $800 mln investment in southern Taiwan
-Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle (EV) ambitions, the company said on Sunday.
- Reuters05/04 Foxconn founder Gou says he will seek Taiwan presidency
-Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , said on Wednesday he will seek the presidential nomination for Taiwan's main opposition party, the Kuomintang (KMT), for a second time.
- Reuters16/03 Analysis: Chinese suppliers race to Vietnam as COVID let-up opens escape route from Sino-U.S. trade war
-Vietnam has enjoyed a wave of investment from China since its neighbour abruptly canned its strict virus-containment strategy and unleashed pent-up interest from companies - and their suppliers - fleeing the impact of Sino-U.S. trade friction.
- Reuters16/03 Exclusive: Apple supplier Foxconn wins AirPod order, plans $200 million factory in India
-Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in India to produce the wireless earphones, two people with direct knowledge of the matter told Reuters.
- Reuters15/03 Apple supplier Foxconn steps up investment outside China, as consumer electronics demand dips
-Apple Inc supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics.
- Reuters06/03 Analysis: Foxconn races to become an EV player and the clock is ticking
-Foxconn wants to do for electric vehicles (EVs) what it has done with the iPhone, but first, it needs to find the next Apple – and fast.
- Reuters04/03 Taiwan's Foxconn seeks chip, EV cooperation with India
-Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way.
- Reuters28/02 Apple supplier Foxlink unlikely to resume full India operations for two months - source
-Apple supplier Foxlink's factory in southern India is unlikely to resume full operations for two months after a fire incident, raising concerns of supply chain disruptions for the iPhone maker, a source with direct knowledge told Reuters on Tuesday.
- Reuters28/02 Apple supplier Foxlink halts production at Indian facility after massive fire
-Apple supplier Foxlink has halted production at its assembly facility in the southern Indian state of Andhra Pradesh after a massive fire led part of the building to collapse on Monday, two local government officials told Reuters.
- Reuters06/02 Like Musk, nickel-rich Indonesia has high electric vehicle ambitions
-Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself indispensable for the electric vehicle industry, which uses the metal extensively.
- Reuters05/02 Foxconn's January sales surge as China COVID disruption shaken off
-Taiwan's Foxconn , the world's largest contract electronics maker and major iPhone assembler for Apple Inc , said on Sunday its revenue in January jumped 48.2% year-on-year, as it shook off COVID disruptions in China.
- Reuters20/01 Analysis: Tesla's price cuts promise more pain for money-losing U.S. EV startups
-A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Group Inc to grab share in an industry competing for shrinking consumer wallets.
- Reuters19/01 Taiwan fines Foxconn for unauthorised China investment
-Taiwan on Thursday fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm, but said the Taiwanese iPhone assembler had cooperated in the case and so received a lesser punishment.
- Reuters05/01 Luxshare says client cooperation normal after Apple production cut report
-China's Luxshare Precision Industry Co Ltd said on Thursday its cooperation with current clients was normal, in response to a media report that iPhone maker Apple Inc had asked suppliers to cut production.
- Reuters05/01 Apple to sign Luxshare for iPhone production in China - FT
-Apple Inc is set to sign up Chinese contract manufacturer Luxshare Precision Industry Co Ltd to produce premium iPhone models, the Financial Times reported on Wednesday, citing sources familiar with the matter.
- Reuters03/01 Foxconn's COVID-hit China plant close to resuming full production, sources say
-Foxconn's COVID-hit iPhone plant in China's Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans, two people with direct knowledge of the matter said.
- Reuters