Nippon Telegraph and Telephone, which owns Japan’s biggest wireless carrier Docomo, said it will take a 5% stake in telecom hardware-maker NEC. Amid the U.S. push to contain Chinese-owned Huawei’s global expansion, Japan sees an opportunity to build a national champion in telecoms hardware. The company hopes to grab market share for 5G and other wireless base stations from Huawei, which is a...
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The Electric electric vehicles
The Electric: Lower Metals Costs Invite Risky Forecasts of More-Robust EV Sales
Recent declines in the cost of batteries have persuaded some analysts to significantly increase their forecasts of electric vehicle sales later this decade. But the sales projections partly depend on the prices of battery metals like lithium and nickel staying comparatively low, a considerable risk given wild price swings over the last two years.
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