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Wednesday 14 May 2025
China clears rare earth exports for 5 firms in strategic nod to Europe, Vietnam
China has granted rare earth export permits to domestic magnet manufacturers for the first time since introducing sweeping restrictions in April 2025, in a move reflecting a calibrated...
Tuesday 13 May 2025
Trump talks with Apple's Cook as iPhone price hikes loom
US President Donald Trump said he spoke with Apple Inc. CEO Tim Cook earlier on Monday, just as the iPhone maker was reported to be considering price increases later this year.
Monday 12 May 2025
CATL reportedly seeks US$1 billion loan to boost Indonesia battery plant investment with HK IPO plans ongoing
Bloomberg, citing unnamed sources, reported that Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery maker, is seeking a US$1 billion loan to expand...
Wednesday 7 May 2025
Marvell delays roadmap reveal as macro clouds first-quarter outlook
According to Reuters and , On May 6, 2025, Marvell Technology announced the postponement of its planned Investor...
Tuesday 6 May 2025
OpenAI reaches agreement to buy startup Windsurf for US$3 billion
OpenAI has agreed to buy Windsurf, an artificial intelligence-assisted coding tool formerly known as Codeium, for about US$3 billion, according to people familiar with the matter,...
Tuesday 29 April 2025
NXP witnesses falling performance, announces CEO transition
NXP Semiconductors released its first-quarter 2025 financial results, reporting revenue of US$2.84 billion, a 9.3% decline compared to the same period last year but aligned with the...
Monday 28 April 2025
Apple aims to build most iPhones for US in India by end-2026
Apple Inc. is seeking to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and...
Friday 25 April 2025
VinFast pivots to Asia with EV plants in India and Indonesia as losses widen
Vietnamese electric vehicle (EV) maker VinFast is shifting gears toward Asia, accelerating its expansion in the region with new manufacturing plants in India and Indonesia as its...
Friday 25 April 2025
Intel Foundry sales rise, losses narrow as company unveils major cost-cutting plan
Intel reported first-quarter revenue of US$12.67 billion, a 0.4% decline from the previous year, with a gross margin of 36.9% compared to 41.0% in the first quarter of 2024. Operating...
Wednesday 23 April 2025
Intel to cut over 20% of workforce as CEO Lip-Bu Tan plans Taiwan visit in May

Intel is preparing to unveil plans to cut more than 20% of its global workforce this week, according to a Bloomberg report citing...

Wednesday 23 April 2025
Trump signals softer trade stance with China, floats tariff reduction
US President Donald Trump has signaled a shift in his administration's trade approach toward China, indicating openness to a more conciliatory tone while maintaining leverage through...
Thursday 10 April 2025
Italy pulls support for STMicroelectronics CEO as board battle heats up
The Italian government is withdrawing its support for STMicroelectronics NV CEO Jean-Marc Chery and his management team, Finance Minister Giancarlo Giorgetti said.
Wednesday 9 April 2025
DeepSeek, Tsinghua unveil leaner path to smarter AI
Chinese AI startup DeepSeek has teamed up with Tsinghua University researchers to develop a new reinforcement learning framework designed to cut training costs and boost the efficiency...
Wednesday 2 April 2025
BYD sells over one million NEVs in 1Q25, eyes 5.5 million annual sales
Chinese electric vehicle giant BYD has reported first-quarter sales exceeding one million new energy vehicles (NEVs), marking a nearly 60% increase year-on-year.
Tuesday 1 April 2025
GlobalFoundries-UMC merger could precede TSMC-Intel deal, says DIGITIMES analyst
Nikkei and Bloomberg have reported that GlobalFoundries is exploring a merger deal with UMC, a rumor UMC denied. Still, the speculation underscores US efforts to...
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