(Bloomberg) – Luxshare Precision Industry Co. is acquiring Wistron Corp.’s iPhone production business in China through a $ 472 million deal, potentially becoming the first mainland company to win a coveted role in assembling the device. by Apple Inc. during U.S. trade tensions. Taiwan-based Wistron, one of three contract manufacturers …
Read More »
What happened Actions of the Chinese manufacturer of electric vehicles NIO (NYSE: NIO) It opened lower on Friday, after a Goldman Sachs analyst urged caution and downgraded the shares in a new note. As of 10 am EDT, shares of NIO’s US depositaries fell approximately 9.5% from Thursday’s closing price. …
Read More »
SHANGHAI (Reuters) – Large parts of China on Friday bounced back from the worst floods in decades as disruptions to supply chains, including personal protective equipment (PPE), vital in the fight against the new coronavirus, increased. . The central city of Wuhan and Anhui, Jiangxi and Zhejiang provinces declared red …
Read More »
Federal officials used tear gas and riot ammunition against protesters in Portland, Oregon, on Thursday, according to multiple local media reports. Protests there have continued for nearly two months since George Floyd’s death, long after they faded in many other cities in the United States, The Oregonian reported. In recent …
Read More »
Best stories EL PASO, Texas (KVIA) – The El Paso Department of Public Health reported four coronavirus-related deaths and 205 new cases on Friday morning. The death toll is now 177 in El Paso County. The Health Department identified the victims as a 70-year-old woman and three 90-year-old men. All …
Read More »