Automotive

Volkswagen unveils electric luxury sedan at China auto show

Volkswagen unveiled an electric luxury sedan that promises a 700-kilometer (435-mile) battery range as global and Chinese automakers displayed their latest SUVs, sedans and muscle cars Tuesday at the world's biggest auto ...

Business

Foxconn apologizes for pay dispute at China factory

The company that assembles Apple Inc.'s iPhones apologized Thursday for a pay dispute that triggered employee protests at a factory where anti-virus controls have slowed production.

Automotive

Lamborghini has already sold all its cars until 2024

Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss told AFP on Tuesday, with luxury goods seemingly unaffected by global economic uncertainty.

Business

Apple supplier Foxconn unveils electric vehicles

Taiwanese tech giant Foxconn unveiled three electric vehicles on Monday, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.

Business

Taiwan chipmaker TSMC says profit up 11.2% as demand rises

TSMC, the biggest contract manufacturer of processor chips for Apple Inc. and other global brands, said Thursday its latest quarterly profit rose 11.2% over a year earlier to $4.8 billion as demand for smartphones and consumer ...

Business

Study: Hope for US boost pushes global luxury goods recovery

Luxury brands are already cashing in on promises of a 21st-century version of the "Roaring '20s" in the United States, where hefty stimulus packages and an advanced vaccine campaign are accelerating post-pandemic recovery ...

Business

Chipmaker TSMC says revenue up 16.7% as demand surges

Taiwan Semiconductor Manufacturing Co., the world's biggest contract producer of processor chips, said Friday its revenue rose 16.7% in the latest quarter over a year ago as the global economy rebounded from the coronavirus ...

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