Tokyo Electron Limited (TEL) sought to clarify its position after Taiwan’s High Prosecutors Office indicted its subsidiary, Tokyo Electron Taiwan Ltd., over alleged supervisory failures tied to a confidential-information leak. TEL itself has not been indicted.
Kyocera has abandoned its bid to enter the 5G base-station market, shelving a plan it once hoped would help Japan reclaim a foothold in critical communications infrastructure. The company had previously announced a target of commercial deployment by 2027, but ultimately concluded that global competition is too fierce to ensure a viable return.
Tesla and BYD are both facing increasing sales pressure, with the two electric vehicle (EV) giants showing signs of fatigue in their key markets. Tesla’s decline across Europe continues without signs of slowing, while BYD faces rising competition at home, recording its third straight monthly decline in November and putting its full-year goal at risk.
Nvidia CFO Colette Kress said at the UBS Global Technology and AI Conference in Arizona that the company’s potential investment agreement with OpenAI of up to US$100 billion has not been finalised.
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