Cisco Systems Inc on Tuesday reported a decline in revenue for a fifth straight quarter, as enterprise clients spent less on its network infrastructure products for offices due to the rise of remote working.
Apple Inc on Tuesday said supplier Wistron Corp will restart operations at its factory in southern India after violence at the site led to its shutdown late last year, though the Taiwanese company would remain on probation.
South Korea's financial watchdog sees no grounds currently for a probe after an upswell of investor frustration online over share sales by Hyundai Motor executives in the wake of reports of a tie-up with Apple, an official said on Tuesday.
Huawei Technologies' founder Ren Zhengfei said on Tuesday it would be "extremely difficult" for the United States to end the sanctions that have crippled its phone business, but that he hoped the new U.S. administration would have an "open policy".
By Reuters Staff
2 Min Read
TAIPEI, Feb 9 (Reuters) - A joint venture between Apple Inc assembler Foxconn and Taiwanese car maker Yulon Motor Co Ltd aims to roll out its first electric vehicle (EV) bus this October, a source with knowledge of the situation said.
The source said that the EV bus that would be rolled out in October would be a prototype.
Yulon referred questions to Foxconn, which declined to comment.
Foxconn has ramped up its interest in EVs over the past year or so, announcing deals with Chinese EV maker Byton and Chinese automaker Zhejiang Geely Holding Group .