Technology

GlobalFoundries Inc (GFS.O) and STMicroelectronics will announce on Monday plans to build a semiconductor factory in France for an investment of nearly 4 billion euros, as part of Europe’s efforts…

South Korea’s Samsung Electronics Co Ltd (005930.KS) turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand…

REUTERS/Dado Ruvic/ Elon Musk, the chief executive officer of Tesla TSLA.O and the world’s richest person, said he was terminating his $44 billion deal to buy Twitter TWTR.N because the…

Tesla (TSLA.O) in June achieved its highest monthly sales of China-made vehicles since opening its Shanghai plant in 2019, data showed on Friday, as the US carmaker ramped up output…

Volkswagen (VOWG_p.DE) said on Thursday it would invest over 20 billion euros ($20.38 billion) in a battery cell business jointly with partners, creating 20,000 jobs and reaching annual sales above…

Ferrari (RACE.MI) makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to overcome…

Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients to…

Fifteen Black former or current employees at Tesla filed a lawsuit against the electric car maker on Thursday, alleging they were subjected to racial abuse and harassment at its factories.…

Japan’s Nissan Motor Co Ltd (7201.T) on Tuesday rejected a shareholder proposal at its annual general meeting (AGM) that would have led to the disclosure of a decades-old agreement with…

Toyota Motor Corp’s (7203.T) chief lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry’s support, a senior…