Thursday, February 9, 2023

Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue

Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) warned of a weak 2023 despite record high sales last year, as slowing demand for electronics placed pressure on its business.

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JLR pivots to flexible powertrains amid slow pace of electrification

Jaguar Land Rover is adjusting its strategy. The company will offer a mix of petrol, hybrid, and electric vehicles. This change comes after ...