Chinese EV maker Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended ...
Tag: Maker
Chip equipment maker ASMPT ends takeover talks with potential suitor
HONG Kong-listed ASMPT, a global provider of technology and equipment used in the manufacture of chips, said on Monday (Nov ...
German parts maker Schaeffler to cut 4,700 jobs on auto woes
Schaeffler will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen and other ...
Tyre maker Michelin to close two French plants by 2026
MICHELIN will close two factories in France by early 2026 affecting about 1,200 jobs, the French tyre maker said on ...
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhonesApple’s major manufacturing partner Hon Hai Precision Industry ...
Apple to buy Pixelmator, maker of popular photo-editing apps
APPLE agreed to buy software maker Pixelmator, adding a popular high-end photo-editing app to its lineup.Pixelmator announced the acquisition on ...
Nippon Paint to buy coatings, resins maker AOC for US$2.3 billion
Japan’s Nippon Paint has been expanding via several acquisitions in recent yearsNippon Paint Holdings announced plans to purchase global chemicals ...
Major Indian solar panel maker dazzles in market debut
India’s top solar module producer, Waaree Energies shone on its market debut on Monday (Oct 28) after raising US$514 million, ...
Mike Ashley’s Frasers pulls bid for handbag maker Mulberry
BILLIONAIRE Mike Ashley’s Frasers Group is walking away from an attempted takeover of Mulberry Group but is still pushing for ...
Ray-Ban maker tops 100 billion euros value to hit founder’s last goal
ESSILORLUXOTTICA, the French-Italian group that dominates the global eyewear market, reached the final target its founder Leonardo Del Vecchio set ...
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