Technology

Exclusive: Tesla says it received battery quotes from China’s Lishen but no deal signed

[ad_1] BEIJING (Reuters) - Tesla Inc (TSLA.O) said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm. FILE PHOTO: Visitors are seen at the booth of Lishen Battery at a new energy expo in Beijing, China March 22, 2009. REUTERS/Stringer Reuters earlier on Tuesday reported, citing two sources with direct
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Foxconn says trying to hire 50,000 people in first quarter after job cut reports

[ad_1] FILE PHOTO - The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuTAIPEI (Reuters) - Taiwan’s Foxconn (2317.TW), assembler of Apple Inc’s (AAPL.O) iPhones, on Tuesday said it was trying to recruit for more than 50,000 positions across its China campuses for the January-March quarter, amid reports of mass lay-offs. The
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U.S. to formally seek extradition of Huawei exec Meng Wanzhou: Globe and Mail

[ad_1] (Reuters) - The United States will proceed with the formal extradition from Canada of Huawei executive Meng Wanzhou, Canada’s ambassador to the United States told the Globe and Mail, as Beijing vowed to respond to Washington’s actions. FILE PHOTO: Meng Wanzhou, Huawei Technologies Co Ltd's chief financial officer (CFO), is seen in this undated handout photo obtained by Reuters December 6, 2018. Huawei/Handout via REUTERS David MacNaughton, in an
Technology

Toyota, Panasonic announce battery venture to expand EV push

[ad_1] TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp are launching a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world’s largest automakers and battery makers to expand their EV push. FILE PHOTO: An employee works under a Toyota Motor Corp logo at the company's showroom in Tokyo, Japan February 5, 2016. REUTERS/Toru Hanai/File PhotoToyota will own 51 percent of
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Toyota, Panasonic announce battery venture to expand EV push

[ad_1] TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp are launching a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world’s largest automakers and battery makers to expand their EV push. FILE PHOTO: An employee works under a Toyota Motor Corp logo at the company's showroom in Tokyo, Japan February 5, 2016. REUTERS/Toru Hanai/File PhotoToyota will own 51 percent of
Technology

China’s Lishen says has not signed agreement with Tesla on supplying batteries

[ad_1] A Lishen Battery sign is seen at its headquarters in Tianjin, China August 31, 2018. Picture taken August 31, 2018. REUTERS/Yilei SunBEIJING (Reuters) - China’s Tianjin Lishen said on Tuesday it has not signed any agreement with Tesla Inc (TSLA.O) on supplying batteries to the U.S. electric vehicle maker’s Shanghai factory. Tesla earlier on Tuesday also denied it had signed a preliminary agreement with Tianjin Lishen to supply batteries
Technology

Foxconn says there is a need to hire 50,000 people in first-quarter after job cut reports

[ad_1] FILE PHOTO - The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuTAIPEI (Reuters) - Taiwan’s Foxconn (2317.TW), assembler of Apple Inc’s (AAPL.O) iPhones, on Tuesday said it still has a need to hire 50,000 people in the first quarter, amid reports of mass lay-offs across its factories in China. The
Technology

Dixons Carphone’s mobile sales continue to fall

[ad_1] Image copyright Getty Images Dixons Carphone has reported a fall in mobile phone sales over the Christmas trading period, as fewer people signed up to two-year contracts.The electrical goods retailer said sales of mobiles were down 7% in the 10 weeks to 5 January.The news reflects a growing trend in the phones market after Apple cut its sales forecast earlier this month.However, Dixons had better fortune in other areas,
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China approves third batch of video games; Tencent still absent

[ad_1] SHANGHAI/BEIJING (Reuters) - China’s publishing regulator on Tuesday approved the release of a third batch of video games after a freeze for most of last year, with industry-leader Tencent Holdings Ltd (0700.HK) still absent from the list of new titles. FILE PHOTO: People play in a video games hall during a night out in Shanghai February 23, 2008. REUTERS/Nir Elias The State Administration of Press, Publication, Radio, Film and