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Amkor to build US$2 billion Arizona semiconductor packaging plant
Amkor Technology said Thursday it will spend US$2 billion to build a new advanced semiconductor packaging and test facility in Arizona that…
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Meta asks appeals court to tell FTC it cannot reopen privacy case
WASHINGTON : Meta Platforms, which owns WhatsApp, Instagram and Facebook, filed a lawsuit asking an appeals court to stop the U.S. Federal…
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PwC affiliates, Chinese firm to pay $7.9 million for US audit failures
:PricewaterhouseCoopers affiliates in Hong Kong and China and a Chinese audit firm have agreed to pay a total of $7.9 million in fines for…
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TikTok takes first steps in turning on Norwegian data centre
HAMAR, Norway : TikTok has taken possession of a facility in Norway built by data centre group Green Mountain AS which will become the…
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JSW to take stake in MG Motor India as China’s SAIC dilutes holding
MUMBAI : Indian conglomerate JSW group will take a 35 per cent holding in SAIC-owned MG Motor India, the companies said on Thursday, as the…
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Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract
NEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the impacts of labor strikes and…
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Possible Evergrande liquidation order and what happens next
HONG KONG: China Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation with…
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How SUSE deviated from its internal controls while warning about sales risk
LONDON: Software firm SUSE, whose clients include Microsoft and BMW, told investors in January it was tightening its scrutiny of commercial…
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Hong Kong Oct retail sales up 5.6%, helped by inbound tourism
HONG KONG : The continued revival of inbound tourism helped Hong Kong's retail sales notch up an 11th consecutive month of growth in…
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Tesla to deliver Cybertrucks after Musk tempers expectations
Tesla is set to start deliveries of its long-delayed Cybertruck electric pickup on Thursday, after CEO Elon Musk tempered investor…
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