
SMIC: China’s top chipmaker obtains government funding for its $2.35 billion factory in Shenzhen
Mar 19, 2021 06:52 am UTC| Business
SMIC, or the Semiconductor Manufacturing International Corporation in China, revealed its plans to build a new plant in Shenzhen. The project will cost $2.35 billion, and it was reported that the government is willing to...

Google to build engineering hub in Durham and generate 1,000 jobs
Mar 19, 2021 06:30 am UTC| Business
Google announced on Thursday, March 18, that it is investing billions in growing its operations in the U.S. Part of the plan is to build an engineering center that will focus on cloud computing, and details about this have...

LG, SK battery patent preliminary ruling delayed by U.S. ITC
Mar 19, 2021 06:16 am UTC| Business
LG Energy Solution Ltd. and SK Innovation are in the middle of a legal battle concerning battery patents. Their cases are being handled by the U.S. International Trade Commission, and while some decisions were already...

Nike's 3Q revenue wanes due to shipping, store issues
Mar 19, 2021 04:06 am UTC| Business
Nike Incs third-quarter revenue rose to $10.36 billion from $10.1 billion, missing analysts expectations of $11.02 billion, due to shipping issues and a slump at brick-and-mortar stores. Investors were also disappointed...

S. Korea's 5G mobile users to sue SK, LG, KT over poor network quality
Mar 19, 2021 01:49 am UTC| Business
South Koreas 5G smartphone users are suing the countrys three major telecom operators at least a million won per user for spotty connection and the poor quality of the latest generation network. As of Thursday, around...

The Launch of DogeDEX: A Decentralized Exchange for Dogecoin
Mar 19, 2021 00:33 am UTC| Business
image source Komodo launches DogeDEX A blockchain solutions provider, Komodo, has recently launched a peer-to-peer decentralized exchange for the Dogecoin. This exchange, named DogeDEX, will allow users to make...

US Real Estate Prices Still on the Rise in 2021
Mar 19, 2021 00:31 am UTC| Business
image source Considering all that happened in the past 15 months, one would expect the real estate market to crash. We say that in view of the fear of recession still lingering and the record high unemployment rates[1]....