Foxconn Halts Nissan Acquisition Bid Amidst Pivotal Honda Merger TalksOn December 21st, Bloomberg, citing sources familiar with the matter, reported that Hon Hai Precision Industry (Foxconn's parent company) has temporarily shelved its plans to acquire Nissan Motor Co. This move is directly linked to the ongoing, in-depth merger negotiations between Nissan and Honda Motor Co...

Nvidia's Market Cap Evaporates $620 Billion Amidst Intensifying US-China Tech RivalryNvidia's rapid decline raises several questions. The company has achieved a dominant global market position in recent years due to its cutting-edge technology in artificial intelligence, deep learning, and high-performance computing...

2024 Q3 Smartphone Market Report: Robust Recovery Amidst Fierce CompetitionMarket research firm TrendForce recently released a report indicating a strong recovery in the smartphone market during the third quarter of 2024, coinciding with the peak sales season. Major manufacturers launched numerous flagship models, effectively stimulating an increase in overall smartphone production...

SolarEdge Cuts Nearly 500 Jobs: Energy Storage Unit Closure Amidst Market ChallengesSolarEdge Technologies, a manufacturer of photovoltaic inverters, recently announced a significant strategic adjustment involving the closure of its energy storage division and the layoff of approximately 12% of its workforce, resulting in the loss of nearly 500 jobs. This move is attributed to the current challenging market environment and intensifying competition...

Three Little Sheep Caught in a Public Opinion Whirlpool: Can They Regain Trust Amidst False Advertising and Product Quality Issues?Recently, Three Little Sheep Network Technology Co., Ltd...

Experienced CPU Architects Leave Intel Amidst Mass Layoffs to Found RISC-V StartupAs Intel announced its largest-ever layoff plan, a group of seasoned CPU architects decided to leave the tech giant and co-found a RISC-V startup named Ahead Computing. This team reportedly brings over 80 years of combined experience from Intel, and their departure signifies the growing impact of the RISC-V architecture within the industry...