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...
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...
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...
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...
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...
The Italian government is withdrawing its support for STMicroelectronics NV CEO Jean-Marc Chery and his management team, Finance Minister Giancarlo Giorgetti said.
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...
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.
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...
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in US$40 billion from SoftBank Group Corp. and other investors at...
Vietnam has cut tariffs on US imports while aiming for closer trade relations, responding to concerns over its trade surplus. This comes as the US prepares to impose reciprocal tariffs...
With just a week until the April 2 deadline for the implementation of what US President Donald Trump calls "reciprocal tariffs," global markets are on edge. Will Trump soften his...
Xiaomi plans to set up a dedicated electric vehicle (EV) research and development center in Europe, marking a key milestone in its global expansion strategy. The announcement follows...
OpenAI has announced leadership changes as the company scales its operations, with three senior executives assuming expanded responsibilities. CEO Sam Altman stated that the adjustments...
