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Sweet Harmony Huawei Technologies’ announcement and launch of its Harmony operating system for smartphones is a significant step by the company, that’s looking to recover from the sanctions imposed on it by the US. HarmonyOS will be rolled out to selected smartphone models, giving users the opportunity to switch from Google's Android platform. For Huawei HarmonyOS means it will no longer be reliant on Android, a relationship that had been ‘hobbled’ by Google being banned from providing technical support to new Huawei phone models or Huawei having ac...

EV charging network gets £300m boost The news that Ofgem is to fund the installation of 3,550 new ultra-rapid charging points on motorways and in towns has been welcomed as an essential part of the UK’s efforts to shift to cleaner energy. The money - £300m - will be used to support new charging points, including 1,800 ultra-rapid charging sites at motorway service stations doubling the current number available. The move comes in response to UK plans to ban the sale of new petrol and diesel cars from 2030, and phase out hybrid vehicles from 2035, which has ra...

Robber barons of the C21 Amazon generated record sales income of £38bn in Europe last year, while income in the UK soared by 51 per cent to reach almost £20bn – mind-blowing figures! At the same time Apple reported trading figures for the first three months of 2021 with another set of astonishing numbers. So much so, that it was able to announce a buy-back of shares worth $90bn – that’s equivalent to the value of BP, and that’s spare cash! Despite record revenues though, Amazon paid no tax. It reported a ‘loss’ and received €56m...

In a move intended to support local supply chains the South Korean government has announced a series of tax breaks, worth nearly $900m, to support chip manufacturers struggling with global shortages.

While profits may be booming at Infineon, and revenues have soared, the company has warned that the on-going chip shortages bedevilling the automotive industry could cut car production by 2.5 million in the first half of 2021.