Softbank-backed Grab prepares for ‘long winter’ as virus hits revenue
Softbank-backed Grab is preparing for a potentially “long winter”, co-founder Tan Hooi Ling said on Thursday, as the ride-hailing firm’s revenue takes a hit from...
Sony aims to make image sensors smarter to expand beyond smartphones
Sony Corp on Thursday said it would make its cash-cow image sensors smarter to broaden their application, as the Japanese electronics maker seeks to reduce...
Chipmaker AT&S cautiously optimistic thanks to stable first quarter
Chipmaker AT&S has kept core profit stable so far in its financial first quarter, it said on Thursday after reporting a 22% decline for the...
Finland’s Nokia buys back 150 million euros of March 2021 notes
Finnish telecom equipment maker Nokia said on Thursday it would buy back 150 million euros ($162 million) of its March 2021 notes as it restructures...
Video conference company Pexip surges 54% in IPO debut
Shares in Norway’s Pexip Holding soared by 54% in early trade on Thursday as the video conferencing company made its stock market debut after an...
Finland’s Nokia buys back 150 million euros of notes
Finnish telecom equipment maker Nokia said on Thursday it would buy back 150 million euros ($162 million) of its March 2021 notes as it restructures...
Video conference firm Pexip surges 44% in IPO debut
Shares of Norway’s Pexip Holding rose 44% in early trade on Thursday as the video conferencing firm made its stock market debut following an initial...
India launches contact-tracing app for JioPhones in virus battle
India’s technology ministry said on Thursday it had rolled out a version of its Bluetooth contact-tracking app for 5 million JioPhones, the cheap internet-enabled devices...
Grab says overall revenue down since coronavirus outbreak
Overall revenues of Southeast Asian firm Grab have dropped since the coronavirus pandemic began, dragged down by the core ride-hailing business, the company’s co-founder said...
India’s investment policy upsets Xiaomi, Oppo’s consumer finance plans
Tougher scrutiny of foreign investment in India has soured the plans of China’s smartphone manufacturers seeking to expand beyond selling hardware for a bigger share...