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KUALA LUMPUR: T7 Global Bhd’s 60% owned T7 Kilgour Sdn Bhd has secured contracts from a Taiwanese and a Thai company to provide metal surface treatment services for aerospace parts.
BANGKOK: Fresh outbreaks of the Delta coronavirus variant in South-East Asia have crippled its factory sector, disrupting global supplies of goods such as rubber gloves, semiconductors and sport utility vehicles and threatening the US$3 trillion (RM12.68 trillion) region’s recovery.
LONDON: The United Kingdom is considering blocking a takeover of Arm Ltd by Nvidia Corp due to potential risks to national security, according to people familiar with the discussions.
TOKYO: Toyota Motor Corp has reported a record quarterly operating profit of 997.49 billion yen (US$9.15bil or RM38.64bil) as pandemic-hit sales rebounded and it weathered a global chip supply shortage better than many rivals.
Momentum builds in tech giant for leader’s parole
TOKYO: Sony Corp raised its earnings outlook and reported a jump in first-quarter operating profit on Wednesday as pandemic-led demand boosted sales of PlayStation 5 consoles, TVs, cameras, music and movies.
BERLIN: Chipmaker Infineon Technologies said on Tuesday that production outages at two of its plants had hit deliveries to core automotive clients, as the German car industry battles the worst supply crunch in three decades.
BERLIN: German chipmaker Infineon will take a hit in the high double-digit million euros (dollars) from shutdowns at its plant in Malaysia to contain the COVID-19 pandemic, CEO Reinhard Ploss said on Tuesday.
LONDON: BMW raised its profit forecast for 2021 on Tuesday after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.
BERLIN: German chipmaker Infineon Technologies said on Tuesday it was battling extreme tightness in its markets as the latest wave of the COVID-19 pandemic disrupts production in Asia and inventories hit all-time lows.