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...Both Tesla and BYD — the world’s first and second-largest EV manufacturers — reported a strong drop in sales in the first three months of this year compared with the previous quarter....
...The retailer said there were levers it could pull to offset this, such as growing its co-branded credit card business....
...Just two days after the Nikkei Average broke its 1989 record high, Taiwan Semiconductor Manufacturing Co. opened its first Japan factory in Kumamoto....
...In bad news for Intel’s Gelsinger, mass production of the new chips will be outsourced to Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker....
...TSMC expects sales to drop this quarter. Costs are rising as it starts to build plants in the US and Japan....
...“There isn’t as big an incentive for a manufacturer to drop their prices.”...
...Apple has also asked Taiwan Semiconductor Manufacturing Co. and Sony to develop the crucial micro OLED display technologies for the devices....
...rapidly growing manufacturing industry....
...Taiwan Semiconductor Manufacturing Co has secured a one-year licence to continue ordering American chipmaking equipment for its expansion in China after the US rolled out tough export controls to block Beijing...
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...Wang has aligned himself and the company with policy priorities under President Xi Jinping to boost domestic high-tech manufacturing and supply chain independence....
...Jens Welter is quitting Credit Suisse less than nine months after being named co-head of global banking and will join Citi as its new co-head of European investment banking. 5....
...“We write to convey our extreme concern about the possibility that Apple Inc will soon procure 3D Nand memory chips from Yangtze Memory Technologies Co,” the senators said....
...The impact of the new EMA guidance on doses per vial has been exacerbated by another drop in supply caused by Pfizer’s reconfiguration of its manufacturing plant in Belgium....
...A big reason for the interest in bringing manufacturing back home was the difficulty in sourcing goods from abroad....
...In the sweltering Asia summertime of mid-June, Taiwan Semiconductor Manufacturing Co urgently dispatched a team to Japan to visit some of the company’s equipment suppliers....
...In the Pfizer trials, patients took their first pills within five days of developing symptoms. But it remains unclear how quickly efficacy drops off in that period....
...John Zimmer, Lyft’s co-founder and president, suggested the Prop 22 playbook would be emulated....
...US law firm Hogan Lovells has hired Patrick Sarch as a partner and co-head of London M&A. He joins from White & Case where he was co-lead of the corporate practice in London....
...The latter is based on the open-source Risc-V architecture....
...SMIC smackdown as co-chief quitsDespite being an anagram of SMIC, MSCI has shown no acronymic kinship in deciding to drop the leading Chinese chipmaker from its stock indices from January 6, with President...
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...“If anything, trade and investment may actually become more challenging as the new US president is going to be much more willing to co-ordinate policy with Europe and other major trading partners....
...Drop us a line and join the conversation: Due.Diligence@ft.com....
...China’s largest chipmaker Semiconductor Manufacturing International Corporation is “verifying” reports that its co-chief executive Liang Mong-song has abruptly quit. More here....
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