China said new US export restrictions targeting companies including Huawei Technologies may threaten the global supply chain.
Author: Agency Staff
Energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/2019 financial year.
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chip makers, in an action that could ramp up tensions with China.
Hon Hai Precision Industry’s profit plunged by the most on record after the coronavirus disrupted its China production and walloped global smartphone demand.
The world’s biggest contract chip maker said it plans to build a $12-billion factory in the US in an apparent win for the Trump administration’s efforts to wrestle global tech supply chains back from China.
China is ready to put US companies in an “unreliable entity list” as part of countermeasures against Washington’s move to block shipments of semiconductors to Huawei Technologies, the Global Times reported on Friday.
One of China’s best-performing stocks so far in 2020 is a little-known server maker that last year abruptly joined the same US blacklist that threatens Huawei Technologies’ survival.
A giant subsea cable to help bring more reliable and faster Internet across Africa will cost just under $1-billion (R18.7-billion at the time of writing), according to three people familiar with the project.
Electric car maker Tesla plans to introduce a new low-cost, long-life battery in its Model 3 sedan later this year or early next that it expects will bring the cost of electric vehicles in line with petrol models.