Foxconn Halts Nissan Acquisition Bid Amidst Pivotal Honda Merger Talks

Foxconn Halts Nissan Acquisition Bid Amidst Pivotal Honda Merger Talks

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...

Trump's Return to the White House: A Pivot to Cooperation with China?

Trump's Return to the White House: A Pivot to Cooperation with China?

Trump's Return to the White House: A Pivot to Cooperation with China?Bloomberg reported that while a new round of US chip restrictions on China is imminent, its content differs drastically from previous statements. Initially, the US planned to sanction six key Chinese semiconductor suppliers, including Huawei...