In a statement, Foxconn, formally known as Hon Hai Precision Industry Co Ltd, said it could continue to meet all manufacturing obligations in the wake of the coronavirus outbreak in China. “We do not comment on our specific production practices, but we can confirm that we have measures in place to ensure that we can…
On Tuesday, in a statement the British government stated, it will allow China’s Huawei a limited role in building its 5G networks. The statement also mentions, high-risk vendors would be excluded from sensitive core parts of networks, and that there would a 35% cap on their involvement in the non-sensitive parts. The development is likely…
India’s steel-to-autos conglomerate Tata Group, is making a big effort towards clean vehicles; it plans on producing electric cars and batteries, build recycling plants and set up charging stations around the country, said senior executives said on Tuesday. They went on to add, more than half a dozen companies, including Tata Chemicals, Tata Motors, Tata…
On Tuesday, a report from Japan’s Nikkei Asian Review stated, Apple Inc’s plan to boost the production of the iPhone by 10% during the first half of this year is likely to hit headwinds with the coronavirus spreading further in China. The Nikkei reported citing sources familiar with the company’s plans as saying, Apple had…
British Prime Minister Boris Johnson is scheduled to meet senior ministers on Tuesday to decide on whether the UK will allow China’s Huawei to participate in building the country’s critical 5G mobile infrastructure. The United States views Huawei as a company of particular concern and it sees Huawei’s participation in building a critical infrastructure as…
According to two sources familiar with the matter at hand, U.S. state attorneys general are scheduled to meet Justice Department attorneys later this week to share information on their investigations into Alphabet Inc’s Google. Their probe revolve around Google’s monopolistic behavior that could harm consumers through its control of search traffic and online advertising markets.…
In a respite from the crisis surrounding the Boeing 737 MAX, the airplane maker has successfully tested the first flight test of the 777x – the world’s largest twin-engined jetliner. The 777X, a larger version of the 777 mini-jumbo jet, touched down at the historic Boeing Field outside Seattle at 2 pm (2200 GMT) on…
