In a statement Nissan said it plans on investing more than $1.4 billion (1 billion pounds) over the course of a few years in Britain as it rolls out greener technology; the statement comes at a time when it showcased its latest Qashqai car. In 2016, the Japanese carmaker had stated it would build the…
According to two sources familiar with the matter at hand, the U.S. Administration is weighing options to add Tencent and Alibaba to a trade blacklist on the grounds that it is either owned or controlled by the Chinese military. Officials from the Department of Defense who oversee the designations have yet to finalize plans to…
It is interesting to note that Tesla is not sourcing its batteries from China but has instead opted to import them from South Korea’s LG Chem to keep its Gigafactory in Shanghai running. On Friday, as per a Bloomberg report report citing sources familiar with the matter at hand, Tesla Inc has agreed to purchase…
Huawei is facing strong headwinds from perceived national security threats from nations around the world due to its close proximity to China’s ruling Communist Party. Nations around the world have concerns that these close ties could enable China to easily snoop around and gather intelligence using Huawei and ZTE hardware and/or software. In a significant…
The development will have short term consequences for SoftBank given its relation with Huawei; it will find it hard to replace the pre-existing Huawei network equipment that has been customized to its requirements and thus is not easily interchangeable. On Monday, Japan’s Kyodo News News reported, the three biggest telecom operators of Japan, do not…
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