Tesla, the electric vehicle (EV) manufacturer, slashed prices by nearly $2,000 across its models in China, following …
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Taiwan’s TSMC profit ups in Q1
by Nada Aliby Nada AliTaiwanese chip giant TSMC posted a stronger-than-expected nine per cent rise in first-quarter net profit on Thursday.
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European chemical industry braces for significant change
by M.S.Salamaby M.S.SalamaThe European chemicals sector is bracing for a period of significant change, caught between the headwinds of …
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Egypt NewsNewsTech newsTech/AI
ITIDA reports on most in-demand jobs in Egypt’s ICT, offshoring market
by Yomna Yasserby Yomna YasserThe Information Technology Industry Development Agency (ITIDA), part of the Egyptian Ministry of Communications, has released a …
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Tesla eyes Indian market with potential $3b investment
by Nada Aliby Nada AliElon Musk, CEO of Tesla, plans to invest $2-$3 billion in India, which could significantly impact the …
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VW, Xpeng team up to develop affordable EVs for China
by Nada Aliby Nada AliVolkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical architecture specifically …
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Honda unveils new EV brand in China by ’27
by Nada Aliby Nada AliHonda Motor outlined an ambitious plan to launch six next-generation EVs under the new “Ye” brand by …
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Tesla global job cuts reach US, China
by Nada Aliby Nada AliTesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering across the company’s …
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US awards Samsung $6.4b chips grant for Texas project
by Nada Aliby Nada AliThe Biden administration will award $6.4 billion in grants to South Korea’s Samsung to expand chip production …