China’s BYD forecasts 2023 net profit to rise as much as 86.5% y/y
By Ethan Wang, Zhang Yan, Ella Cao and Ryan Woo BEIJING (Reuters) – Chinese electric vehicle (EV) giant BYD said on Monday it expects net profit in 2023 to have…
Thailand aims for lithium output in two years, boosting EV ambitions
By Devjyot Ghoshal and Panu Wongcha-um BANGKOK (Reuters) – Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become…
China’s BYD launches 3 EV models in Indonesia
By Stefanno Sulaiman JAKARTA (Reuters) – China’s BYD, the world’s biggest electric vehicle maker, unveiled three battery EV models in Indonesia on Thursday as it seeks to expand its presence…
EU-backed investors plan 500-million-euro battery raw materials fund
By Simon Jessop LONDON (Reuters) – Two of Europe’s leading energy transition investors plan to raise 500 million euros ($544.55 million) for a battery raw materials fund, aiming to plug…
Foxconn to partner with India’s HCL Group for chip testing plant
Βy Kashish Tandon and Ben Blanchard BENGALURU/TAIPEI (Reuters) – Taiwan’s Foxconn will partner with tech firm HCL Group for a semiconductor assembly and testing facility in India, the companies said…
Microsoft edges out Apple as world’s most valuable company
By Noel Randewich (Reuters) – Microsoft‘s stock market value ended a trading session higher than Apple’s for the first time since 2021 on Friday, making it the world’s most valuable…
China raises concerns with US over chip-making export controls, sanctions
By Joe Cash BEIJING (Reuters) – China’s Commerce Minister Wang Wentao expressed concern over U.S. curbs preventing third countries from exporting lithography machines to China during a phone call with…
Xygeni releases SSCS 2024 report
Revealing Growing Software Supply Chain Risks and Emerging Trends Xygeni unveiled its in-depth report on the current state of software supply chain security in 2024, offering valuable insights into the…
JD.com wins antimonopoly lawsuit against Alibaba
By Sophie Yu, Li Qiaoyi, and Casey Hall BEIJING (Reuters) – Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1…
Humanoid robots in space: the next frontier
By Evan Garcia HOUSTON/AUSTIN, Texas (Reuters) – Standing at 6 feet 2 inches (188 centimeters) tall and weighing 300 pounds (136 kilograms), NASA‘s humanoid robot Valkyrie is an imposing figure.…