|
 |
|
| Riot over salary dispute at iPhone India factory |
12/21/2020 |
|
In what was referred to as a “violent rampage,” employees of Taiwan’s Wistron Corp. -- an assembler of Apple products, including the iPhone -- smashed glass, destroyed workstations and flipped cars outside of their workplace. The hundreds of demonstrators allege that Wistron has withheld wages, some for as long as four months, and is forcing them to work unpaid overtime.
|
|
|
| Coke to layoff 17% of workforce |
12/21/2020 |
|
The coronavirus pandemic has hammered Coke’s business, as sales at places like stadiums and movie theaters dried up due to lockdowns. Its revenue fell 9% to $8.7 billion in the July-September period.
|
|
|
| DIY Covid-19 home test kid approved |
12/17/2020 |
|
The agency's action Tuesday allows sales in places like drugstores "where a patient can buy it, swab their nose, run the test and find out their results in as little as 20 minutes.”
|
|
|
| China's large investment into semiconductors heading to fail |
12/16/2020 |
|
China’s highly centralized high tech sector. China’s electronics industry relies on U.S., Taiwanese, South Korean, and Japanese suppliers for many key components, but the most strategic of strategic technologies is the microprocessor. And despite years of strategic investment, China has (so far) been unable to master the production of these highly specialized but utterly ubiquitous computer chips.
|
|
|
| Mentor Graphics to change its name to Siemens EDA |
12/15/2020 |
|
Siemens EDA (pictured), said that the name brings EDA software, simulation, mechanical design, manufacturing, cloud, IoT and low code technology under a single banner for industrial software.
|
|
|
| Oracle is the next major tech company to announce move from California to Texas |
12/15/2020 |
|
Texas has long targeted companies in high-cost California for relocation. This month, Hewlett Packard Enterprise, one of the early companies in Silicon Valley, said it will move to the Houston area and build a campus with two five-story buildings by 2022. In 2018, Toyota shifted its U.S. headquarters from Southern California, to Plano, Texas, a Dallas suburb.
|
|
|
| China auto sales rose by double digits |
12/14/2020 |
|
Sales in the industry’s biggest global market rose 11.6% over a year earlier to 2.3 million, according to the China Association of Automobile Manufacturers. Total vehicle sales, including trucks and buses, rose 12.6% to 2.8 million, holding steady at October’s growth rate.
|
|
|
| Biden picks Asian American as top trade envoy |
12/11/2020 |
|
The role is a Cabinet position, and the Senate will vote on whether to confirm Tai for the position. Biden's selection of Tai, who is Asian American, reflects his promise to choose a diverse Cabinet that reflects the makeup of the country.
|
|
|
|
