China to cut new energy vehicle subsidies by 10% this year
China will cut its subsidies on new energy vehicles (NEV) by 10% this year, and will expand government purchases of NEVs, the finance ministry said...
Antwerp port trials wristbands for coronavirus social distancing
Workers in the port of Antwerp will next month begin testing wristbands developed by a Belgian technology company that could help guarantee the social distancing...
Vietnam says Facebook should adhere by local laws
Companies like Facebook that operate in Vietnam should abide by local laws and fully implement their tax and social responsibilities in the country, Vietnam’s foreign...
Zoom users top 300 million as ban list grows
Zoom video conferencing app’s user base grew by another 50% to 300 million in the last three weeks, as the company fought to quell a...
Apple Inc supplier LG Display posts wider first-quarter loss on demand slump
LG Display Co Ltd, a South Korean Apple Inc supplier, reported on Thursday its fifth straight quarter of operating losses, hit by slumping demand for...
Apple supplier LG Display posts wider first-quarter operating loss
South Korea’s LG Display Co Ltd reported its fifth straight quarter of operating losses on Thursday, hit hard as demand for smartphones and televisions slumped...
China’s Didi sees overseas business off coronavirus low, eyes payment firm deals, new markets: executive
China ride-hailing giant Didi Chuxing is upbeat that business overseas has turned a corner after dropping to a mid-March low amid the coronavirus pandemic, a...
For SoftBank’s Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son’s dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at his $100 billion Vision...
SK Hynix warns of volatile chip demand after first-quarter profit beats forecast
SK Hynix warned on Thursday that demand for chips will remain volatile, while restrictions on global movement, if prolonged, could disrupt production, sales and product...
SK Hynix first-quarter profit beats dire estimates, warns of volatile demand
SK Hynix posted a smaller-than-expected 41% drop in quarterly profit as server demand due to the coronavirus-driven shift to working from home partly offset weak...
