Macronix narrows Q1 loss, awaits Nintendo Switch 2 boost in 2H25
Macronix International, the Taiwan-based memory chip manufacturer, reduced its losses in the first quarter of 2025 as inventory issues continued…
Apple’s 2Q earnings in focus: trade tensions, AI lag, and China headwinds cloud outlook
Apple is set to announce its fiscal second-quarter earnings on May 1 (Pacific Time). Analysts anticipate the company will hit…
Vingroup enters humanoid robot race with Vietnam’s first ‘Made-in-Vietnam’ model
Vingroup, Vietnam’s largest private conglomerate, has announced plans to develop the country’s first general-purpose humanoid robot. The initiative is a…
Murata braces for 8-year profit nadir as smartphone, auto headwinds mount
Murata Manufacturing anticipates its profit for fiscal year 2025 (April 2025 to March 2026) to hit an eight-year low, citing…
Kimberly-Clark to invest over $2B in US operations
The Huggies diaper maker will use the funds to build an Ohio factory and a South Carolina distribution center, as…
Hershey opens new chocolate plant as part of $1B supply chain upgrade
The facility, which took nearly three years to complete, will process the ingredient for brands such as Reese’s and Kit…
Shein, Temu announce price increases due to tariff impact
The fast fashion companies didn’t specify the extent of the cost increases, but posted identical notices on their websites.
LGES bows out of Indonesian EV battery deal—China’s Huayou poised to fill the void
LG Energy Solution (LGES) of South Korea has exited its US$8.45 billion electric vehicle (EV) battery project in Indonesia, prompting…
Powertech Technology sees revenue decline as expected in 1Q25
Powertech Technology (PTI), a Taiwanese memory packaging and testing vendor, experienced a decrease in solid-state drive (SSD) and NAND flash…
Huawei mobilizes 11 top carmakers to forge China’s smart driving safety agenda
China’s booming auto industry is moving beyond product competition as automakers increasingly prioritize unified safety standards for intelligent driving systems.…