
Hyundai, Kia capture 7% market share in Europe
Jan 19, 2021 18:49 pm UTC| Business Economy
Hyundai Motor Co. and affiliate Kia Corp. posted a combined market share of a record 7 percent in Europe last year, rising from 6.7 percent in Europe in 2019. However, in line with European market trends, their sales in...

Foxconn to build $270 million Vietnam plant for Apple's MacBooks, iPads
Jan 19, 2021 16:55 pm UTC| Technology Business
Apple supplier Foxconn has been granted a license to construct a $270 million plant in Bac Giang province, Vietnam, where it would manufacture 8 million MacBooks and iPads annually. Fukang Technology would develop the...

Apple could owe over $1.1 billion in VirnetX infringement case
Jan 19, 2021 15:23 pm UTC| Business Law
Apple Inc may have to pay VirnetX Holding Corp more than $1.1 billion after its bid to set aside or reduce a $502.8 million patent infringement verdict was not only denied, but it was also asked to award interest and...

US asks Australia not to charge Facebook, Google for local news
Jan 19, 2021 14:28 pm UTC| Business Law
The US asked Australia to scrap proposed laws that will force Facebook and Google to pay for news sourced from local media outlets, and instead, further study the markets, and develop a voluntary code. Under the...

S. Korea's data industry enjoys 14% on-year growth
Jan 19, 2021 10:35 am UTC| Business Economy
A survey revealed that South Koreas data industry grew by 14.3 percent to 19.3 trillion won in 2020 from $17.4 billion in 2019. The survey was conducted by the Ministry of Science and ICT and the Korea Data Agency on...

General Motors reveals an investment of $800M to build Canada’s first EV van manufacturing plant
Jan 19, 2021 10:04 am UTC| Business
General Motors launched BrightDrop not long ago. It is the companys new branch that will focus on building electric vans that will be mainly used for commercial deliveries. In the latest report, it was revealed that...

Samsung launches the innovative Galaxy SmartTag
Jan 19, 2021 09:52 am UTC| Business
Samsung Electronics never stop inventing and creating not only beautiful and innovative products but very useful as well. Recently, it introduced another item that will surely bring in more profits to the company. On...