Business

Germany's Siemens sees profit up 20%, raises dividend

Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit rise 20% to 1.8 billion euros in the last three months of 2021 as the rebounding global economy increased orders ...

Electronics & Semiconductors

Intel to invest $7.1B in Malaysia chipmaking expansion

Intel said it will invest 30 billion ringgit ($7.1 billion) to expand its manufacturing operation in Malaysia as chipmakers work to diversify their global supply chains that were hit hard by the COVID-19 pandemic.

Business

China's Huawei scores 4G patent deal for VW cars

Huawei has struck a licensing deal that will allow use of its 4G technologies in connected vehicles manufactured by Volkswagen Group, the Chinese tech giant said on Wednesday.

Business

SKorea's Moon says EV battery settlement 'very meaningful'

South Korean President Moon Jae-in on Monday welcomed a decision by two South Korean electric vehicle battery makers to settle a long-running intellectual property dispute that had threatened thousands of American jobs and ...

Business

Amazon to make devices in India for the first time

Amazon will begin making Fire TV sticks in India, the US tech giant said Tuesday, its first device manufacturing line in the country as it fights for a share of its booming e-commerce market.

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