Samsung Electronics is floating the idea of spending nearly $200 billion on the expansion of its chip manufacturing facilities in Texas, Bloomberg and other news outlets reported. The South Korean tech giant, one of the world’s largest makers of chips as well as consumer electronics, is seeking tax breaks for its potential plans to invest in 11 new chip plants in Texas. It is unclear whether...
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Why Cellular Carriers are Apple's Best Friend
This was not a day for Apple fans. Shares of the iPhone maker dipped just over 1% even as the rest of the market rallied, after Bloomberg reported that demand for the new line of iPhones was turning out to be weaker than expected. As a result, Apple won’t make as many devices as anticipated. This is supposedly the result of belt-tightening among consumers globally, at least partly. But as...
Chinese Video App Bilibili to Change Hong Kong Listing Status
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TripActions Said to File Confidentially for IPO
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