On Monday, China’s Huawei Technologies Co stated, it has slashed its India revenue target by up to 50% for 2020 and has begun laying off employees in the country. The development comes in the wake of Chinese troops attacking their… Read More ›
Day: July 27, 2020
Rare earth producer Lynas Corp signs rare earth contract with DoD
On Monday, rare earth producer Lynas Corp stated, it has signed a contract with the U.S. Department of Defense to begin initial design preparations for its heavy rare earth separation facility in Texas. The Pentagon is providing initial funding for… Read More ›
Shares of Taiwan Semiconductor Manufacturing Co Ltd soar after Intel apparent retreat from manufacturing its chips
On Monday, with news of U.S. chipmaker Intel Corp signalling that it may stop manufacturing semiconductors of its own chips, shares of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) soared by nearly 10%. TSMC is the world’s biggest contract chipmaker. The… Read More ›
