The time it’s taking for some of China’s electric car makers to pay suppliers is ballooning — a further sign of stress in the nation’s increasingly cutthroat auto market.
Elon Musk inaugurated SpaceX’s Starlink internet services in Indonesia on Sunday as the world’s largest archipelago seeks to boost connectivity to its most remote areas.
Samsung Electronics and SK Hynix reported a surprising increase in semiconductor inventories in the first quarter, even as the memory market improved. The companies attributed the rise to accounting adjustments that reflected higher memory prices and reduced provisions in their income statements.