Maker
Troubled electric vehicle maker Fisker files for bankruptcy
ELECTRIC vehicle (EV) startup Fisker has filed for bankruptcy after discussions with a major automaker about an investment ended without a deal.Fisker listed assets of between US$500 million and...
EV maker Fisker files for bankruptcy after its glitchy SUV flops
FISKER filed for bankruptcy on Monday (Jun 17), months after the electric-vehicle startup stopped production of its only model, the oft-malfunctioning Ocean SUV.
The company listed between US$500 million and...
British PC maker Raspberry Pi soars in London trading debut
BRITISH personal computer (PC) maker Raspberry Pi shares jumped on its first day as a public company, offering a boost to London’s struggling market for new stock listings. Shares...
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EV maker Lucid to cut workforce by 6%
LUCID Group said on Friday (May 24) it would reduce its workforce by 6 per cent, or around 400 employees, as the electric vehicle industry grapples with slower growth.
Shares...
Video game maker Ubisoft swings to full-year operating profit on record bookings
FRENCH video games group Ubisoft swung to an operating profit for its full-year to end-March, it said on Wednesday (MAy 15), as record bookings helped it reverse a year...
IPhone maker Hon Hai misses profit estimates in a China downturn
Hon Hai Precision Industry reported a weaker-than-expected profit in the first quarter as demand for iPhones remained sluggish in China. The Taiwanese company reported net profit of NT$22 billion (S$918.4...
Tiger Balm maker Haw Par should show its stripes, hunt for growth in alternative segments
TIGER Balm ointment manufacturer Haw Par Corporation : H02 0%’s business is roaring, with a resurgence of consumer sentiment for its healthcare products. Unlike its improving financials, however, its...
iPhone maker Hon Hai’s April sales rise 19% in positive signal
Hon Hai Precision Industry posted strong growth in April sales, potentially raising expectations for iPhone sales while artificial intelligence-related business booms.The company, which assembles the majority of Apple’s smartphones,...
Computer parts maker Logitech Q4 sales rise; first positive quarter in over two years
LOGITECH International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesday (Apr 30), snapping two-and-a-half years of sales downturns after a pandemic-driven boom.The maker...