Page 75 - Telco News Today

Swedish utility Vattenfall on Thursday reported a largely unchanged underlying operating profit for the first quarter, supported by its heating and energy trading arms, offsetting lower contributions from its wind business.

The billionaire founder of Taiwan's Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president as he would not declare independence.

Chilean President Gabriel Boric's pitch last week to enshrine greater state control over lithium is emerging as the latest test for the resource nationalism embraced by Latin America's ascendant left but which has proven tough to implement in practice.

South Korean display panel maker LG Display on Wednesday pinned hopes for a second-half turnaround on the tech sector replenishing depleted inventories after racking up a fourth straight quarterly loss that trailed estimates.

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South Korea's LG Energy Solution said on Wednesday quarterly profit more than doubled, as the battery maker benefited from subsidies from the U.S. Inflation Reduction Act and solid U.S. sales of electric vehicles.

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The Nordic electricity power system was disrupted early on Wednesday, and two Swedish nuclear power reactors were disconnected, Finnish grid operator Fingrid and its Swedish counterpart said.

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