EOH Holdings said on Wednesday that it has completed its “targeted” turnaround strategy after reporting a big swing to profit. This as it reported a 20% plunge in revenue.
The accumulation of inventory by chip makers has usually been a sign of impending doom for the industry. It could be happening again.
Widespread Chinese lockdowns have begun to exact a toll on global supply chains. Even Apple has been unable to avoid the ructions.
The moves by regulators threaten Apple’s grip on its platform and potentially limiting its ability to collect a commission from developers.
The solar power industry is the latest to be hit by China’s strict Covid control measures, with equipment makers slashing production.
At first it had planned to cut the power at night only. Now Eskom has said it will implement continuous load shedding until 5am on Friday.
Elon Musk has been sued by former Twitter shareholders because he waited too long to disclose a 9.2% stake in the social media company.
Promoted | OneTrust recently hosted a webinar where it covered new privacy laws in markets across Africa and elsewhere and the impact they have on business. Watch it here.
After a month of testing, Taiwanese computer and electronics brand Asus has launched an online store in South Africa.
Promoted | South African telecoms operators plan to phase out their 2G and 3G networks as they allocate resources for newer technologies.