SEOUL : Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a South Korean newspaper reported late on Sunday. The move contrasts with the scaling back of investment by rival chipmakers amid falling demand and a glut of […]
Day: December 26, 2022
BEIJING: Mask-wearing Beijing and Shanghai commuters crowded subway trains on Monday (Dec 26), with China’s two biggest cities moving closer to living with COVID-19, as millions have been infected with the virus across the country. After years of ruthless anti-coronavirus curbs, President Xi Jinping scrapped the country’s zero-COVID policy […]
TOKYO : Toyota Motor Corp reported on Monday a 1.5 per cent rise in November global vehicle output, reaching a new record of 833,104. Domestic production slid 3.3 per cent to 266,174 vehicles, while overseas output rose 3.8 per cent to an all-time high of 566,930 for the month. Global […]