Indonesia to impose VAT on streaming, other digital services from July
Indonesia will require big internet companies to pay value-added taxes (VAT) on sales of digital products and services from July as part of efforts to...
China ready to put Apple, other U.S. companies in ‘unreliable entity list’: Global Times
China is ready to put U.S. companies in an “unreliable entity list,” as part of countermeasures against Washington’s move to block shipments of semiconductors to...
Exclusive: U.S. moves to cut Huawei off from global chip suppliers
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions...
Foxconn quarterly profit hits two-decade low, sees growth from post-virus lifestyles
Foxconn’s first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing...
Foxconn quarterly profit plummets, sees new growth from post-virus lifestyles
Foxconn’s first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing...
Japan’s Rakuten 5G launch delayed due to coronavirus
Japan’s Rakuten Inc said on Friday the launch of its 5G services that was planned for June had been delayed by at least three months...
Germany’s BaFin has no plans to ban Wirecard short-selling
Germany’s financial watchdog BaFin said it has no plans to ban short-selling in payments company Wirecard even as hedge funds increased their bets speculating on...
Foxconn’s first-quarter profit plunges on coronavirus fallout, sees better second quarter
Taiwan’s Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and...
Foxconn’s first-quarter profit tumbles almost 90% on coronavirus fallout
Taiwan’s Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and...
Taiwan’s TSMC to build Arizona chip plant as U.S.-China tech rivalry escalates
Taiwan Semiconductor Manufacturing Co Ltd, the biggest contract chipmaker, said it plans to build a $12 billion factory in Arizona in an apparent win for...
