Apple supplier Foxconn restarts key China plant with 10% workforce: source
Apple supplier Foxconn got approval to resume production at a key China plant after being forced to shut it following a coronavirus outbreak, but only...
China rejects Foxconn’s request to resume production in key Shenzhen plant: source
Taiwan’s Foxconn was not allowed to resume production in its plant in the southern Chinese city of Shenzhen that had been shut due to the...
Glencore secures five-year deal to supply cobalt to Samsung SDI
Glencore signed a five-year deal to supply battery maker Samsung SDI with up to 21,000 tonnes of cobalt, the miner and trader said on Monday....
Sony latest to withdraw from Barcelona conference over coronavirus fears
Sony Corp on Monday became the fifth company to pull out of this month’s international telecoms conference in Barcelona over fears related to the coronavirus....
Researcher sees global smartphone output at five-year low due to virus
Researcher TrendForce said on Monday it expected global smartphone production to fall by 12% to its lowest level in five years in the first three...
China’s first-quarter smartphone sales may halve due to coronavirus: analysts
China’s smartphone sales may plunge by as much as 50% in the first quarter, as many retail shops have closed for an extended period and...
Japan ruling party panel aims to put digital yen on government’s mid-year policy
Japan should create its own yen digital currency, hopefully “within two to three years”, and include such plan in government’s mid-year key policy guidelines, a...
Japanese e-commerce company Rakuten raided by anti-monopoly officials
Japanese antitrust officials raided the offices of e-commerce company Rakuten Inc on Monday after complaints from online merchants about the company’s free shipping policies, prompting...
Samsung unveils new foldable phone in surprise ad during the Oscars
Samsung Electronics, the world’s top smartphone maker, gave a glimpse of new square-shaped foldable phones in a surprise TV commercial aired during the Academy Awards...
UK’s Raab says takes U.S. concerns on Huawei very seriously
Britain takes U.S. concerns about Chinese telecoms equipment maker Huawei Technologies very seriously, UK Foreign Secretary Dominic Raab said on Monday....