Business
'Supplier of hope': Homeboy Industries plans $100-million expansion in downtown L.A.
Homeboy Industries has kicked off a fundraising campaign to raise $100 million for a major expansion of its facilities downtown. The…
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Supplier
Business
Apple supplier Lens Technology said to price HK$4.8 billion Hong Kong listing at top of range
The company joins the growing wave of China-listed companies seeking to go public in the city Apple supplier Lens Technology has raised…
Business
Toyota to take key supplier private in US$33 billion deal
Toyota Motor will take forklift-maker Toyota Industries private in a US$33 billion deal, the companies said on Tuesday (Jun 3), a landmark…
Business
Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to…
Business
Nvidia supplier SK Hynix’s profit soars 158% on AI demand boost
SK Hynix’s operating profit jumped a bigger-than-expected 158 per cent, helped by both a global race in artificial intelligence (AI) and…
Business
Sembcorp unit proposes to more than double stake in power supplier Senoko Energy
Sembcorp Industries is moving to raise its stake in energy supplierSenoko Energy, which could potentially more than double its interest in…
Business
US Bitcoin miners disrupted by Chinese supplier under scrutiny
CRYPTO miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and profit…
Business
Tesla supplier Panasonic to cut costs to support shift into AI
PANASONIC Holdings is considering an overhaul of personnel and trimming underperforming businesses to lower fixed costs, part of a shift…
Business
Tech supplier Arm plans to hike prices, has considered developing its own chips
ARM Holdings, a technology supplier to chip firms, is developing a long-term strategy to hike prices by as much as 300 per cent and has…
Politics
UK gas reserves 'concerningly low': Biggest supplier
Britain's biggest gas supplier said Friday UK storage levels are "concerningly low" owing to high demand caused by freezing weather and…
Business
iPhone supplier TDK rolls out new batteries to keep pace with AI
TDK, one of the main suppliers of batteries for Apple’s iPhones, will this year roll out an improved version of its most advanced product…
Business
Nvidia supplier Ibiden weighs faster expansion to meet AI demand
IBIDEN, the dominant supplier of chip package substrates used in Nvidia’s cutting-edge semiconductors, may need to dial up the pace of…
Politics
Australia introduces bill to fine supermarkets for supplier misconduct
Australia has introduced a bill that could impose hefty fines on large supermarket chains failing to comply with a new industry code of…
Politics
Brazil minister says supports meat supplier 'boycott' of Carrefour
Brazil's agriculture minister on Monday threw his support behind national meat suppliers that have halted deliveries to Carrefour…
News
Car supplier Bosch to cut working hours for employees in Germany
German automotive supplier Bosch logo is pictured on a plant of the industrial group in Schwaebisch Gmuend. Bernd Weißbrod/dpa In addition…
News
German car supplier Bosch to slash 5,500 jobs, two-thirds in Germany
German automotive supplier Bosch logo is pictured on a plant of the industrial group in Schwaebisch Gmuend. Bernd Weißbrod/dpa German…
Politics
SpaceX sparks Taiwanese anger over supplier relocation request
Controversial move: Taiwan's Economic Affairs Minister JW Kuo acknowledged the government is closely monitoring the situation, noting that…