TEEQ

Samsung executive Lee excused from hearing as Biden to visit chip factory in South Korea

Samsung executive Lee excused from hearing as Biden to visit chip factory in South Korea

Samsung Electronics Vice Chairman Jay Y. Lee leaves the Seoul High Court in Seoul, South Korea October 25, 2019. REUTERS/Kim Hong-Ji Join now for FREE unlimited access to Reuters.com Register SEOUL, May 20 (Reuters) – Samsung Electronics Vice Chairman Jay Y. Lee was excused from attending a trial hearing for accounting fraud on Friday, a …

Samsung executive Lee excused from hearing as Biden to visit chip factory in South Korea Read More »

Canada to ban Huawei/ZTE 5G gear, joining Five Eyes allies

Canada to ban Huawei/ZTE 5G gear, joining Five Eyes allies

OTTAWA, May 19 (Reuters) – Canada on Thursday announced plans to ban the use of Chinese 5G equipment Huawei Technologies Co Ltd (HWT.UL) and ZTE Corp (000063.SZ) to protect national security, joining the rest of the so-called Five Eyes intelligence-sharing network. “We intend to exclude Huawei and ZTE from our 5G networks,” Industry Minister Francois-Philippe …

Canada to ban Huawei/ZTE 5G gear, joining Five Eyes allies Read More »

Apple supplier Foxconn predicts tough year on China's COVID curbs and inflation

Apple supplier Foxconn predicts tough year on China’s COVID curbs and inflation

A shovel and the FoxConn logo are seen ahead of the arrival of US President Donald Trump as he participates in Foxconn Technology Group’s groundbreaking ceremony for its LCD manufacturing campus in Mount Pleasant, Wisconsin, United States, June 28, 2018. REUTERS/Darren Hauck/Files Join now for FREE unlimited access to Reuters.com Register Q1 net profit of …

Apple supplier Foxconn predicts tough year on China’s COVID curbs and inflation Read More »

Lordstown Motors shares a hike as it strikes a deal with Foxconn

Lordstown Motors shares a hike as it strikes a deal with Foxconn

May 11 (Reuters) – Lordstown Motors Corp (RIDE.O) said it had reached an agreement to sell some assets to Taiwanese subcontractor Foxconn (2317.TW), securing essential funds for the production of its Endurance electric van. Shares of the Ohio-based company soared more than 14% in extended trading on Wednesday. Last year, the struggling electric vehicle maker …

Lordstown Motors shares a hike as it strikes a deal with Foxconn Read More »

Russia destroyed satellite internet in Ukraine, officials say

Russia destroyed satellite internet in Ukraine, officials say

Figures with computers and smartphones are seen in front of the words ‘Cyber ​​Attack’, binary codes and the Ukrainian flag, in this illustration taken February 15, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Britain: British and American intelligence services suggest that Russia is behind the attack EU: Attack on Viasat …

Russia destroyed satellite internet in Ukraine, officials say Read More »

Sony aims to sell 18 million PS5 consoles this year amid China lockdown risk

Sony aims to sell 18 million PS5 consoles this year amid China lockdown risk

TOKYO, May 10 (Reuters) – Sony Group Corp (6758.T) said on Tuesday it expects to sell 18 million PlayStation 5 consoles this year as robust game sales helped it more than double its profit from operation in the fourth quarter. The Japanese company, however, warned that it could be forced to revise this production target …

Sony aims to sell 18 million PS5 consoles this year amid China lockdown risk Read More »

Stop 'regulatory assault' on Chinese companies, Global Times tells India after Xiaomi accusations

Stop ‘regulatory assault’ on Chinese companies, Global Times tells India after Xiaomi accusations

A man uses his mobile phone in front of a screen displaying a Xiaomi logo during the Mi Note launch ceremony in Beijing, picture taken January 15, 2015. REUTERS/Jason Lee Join now for FREE unlimited access to Reuters.com Register NEW DELHI, May 9 (Reuters) – India should end its “regulatory assault” on Chinese companies, China’s …

Stop ‘regulatory assault’ on Chinese companies, Global Times tells India after Xiaomi accusations Read More »