Seoul, Sep 28 : Global fabrication capacity for 200-millimeter wafers is forecast to jump 14 per cent over the next three years, a report showed on Thursday, as demand for chips used in electric vehicles (EVs), in particular, is sharply rising. "The development of powertrain inverters and chargin […]
Category: Business
US emergency oil reserve at 40-year low
New York, Sep 28 : The US???s emergency oil stockpile has plunged to a 40-year low as the shrinking Strategic Petroleum Reserve is limiting Washington???s ability to shield consumers from the fallout of Saudi Arabia???s aggressive supply cuts, according to Goldman Sachs. ???At this point, US ener […]
JioAirFiber could unlock a US$7-10bn revenue opportunity: Jefferies
New Delhi, Sep 28 : JioAirFiber could unlock a US$7-10 billion revenue opportunity as it could spur broadband adoption among 85 million Pay-TV homes that do not have internet access today, according to a report by foreign brokerage Jefferies. The Fixed Wireless Access (FWA) offering, JioAirFiber, […]
US UAW to add strike targets against 'Big Three' automakers
Washington, Sep 28 : The US United Auto Workers (UAW) union has planned to add strike targets against the 'Big Three' American auto giants -- Ford, GM Stellantis -- on Friday if there was no major progress in their contract negotiation, a source told the media. The list of potential strike target […]
Vodafone Idea needs fundraising at the earliest to restrict loss of subscribers
New Delhi, Sep 28 : Vodafone Idea needs a sizable fund-raising at the earliest to increase capex to restrict the loss of more subscribers, says a report by Emkay Global Financial Services. VIL???s subscriber base declined for the 28th month in a row, down by 1.3 million. Subscriber losses persist […]
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