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FRANKFURT (Reuters) - Volkswagen first-half operating profit is expected to come in at around 11 billion euros ($13 billion), it said on Friday, even surpassing pre-pandemic levels on the back of strong demand in Europe and the United States.
TAIPEI (Bloomberg): Taiwan may on Thursday (July 8) unveil plans to partially ease Covid curbs from next week, as it weighs the need to revive the domestic economy against the risk posed by continued community infections and the global spread of the delta variant.
KUALA LUMPUR: Global semiconductor industry sales jumped 26.2% to US$43.6bil in May, up from US$34.6bil a year ago as demand for chips remained strong, the Semiconductor Industry Association (SIA) said.
CHINA, July 6, Global Times: Six Chinese ministries jointly issued a guideline over the weekend saying that by 2025, the nation aims to develop 10,000 "little giant" enterprises that specialize in niche sectors and 1,000 enterprises that are champions in a single industry, as well as groups of leading companies.
France's automobile industry continues to struggle as the global semiconductors shortage forces the industry to lower production.
Paris: After long months of lockdowns and curfews Europeans are looking forward to jetting off for a bit of sun and sand – only to find that their dream vacation risks turning into a nightmare as no rental cars are available.
There is plenty of scepticism surrounding the technology. While millimetre wave frequencies offer fast speeds and massive bandwidth, they don't travel very far.
Time to transition investment portfolios has to reflect a different economy post-pandemic
BERLIN (Reuters) - Strains in the semiconductor supply chain have worsened in some areas as trends such as remote working combine with an industrial recovery from last year's pandemic slump to drive chip demand, the head of Germany's Infineon said.
SINGAPORE: Asia’s manufacturing managers are seeing stumbles in the area’s economic recovery as the pandemic continues to weigh on output and vaccination lags other regions.