Tesla CEO Elon Musk recently warned that US electric vehicle (EV) startups Rivian and Lucid could both go bankrupt if they do not significantly lower their costs.
The mobile telecom landscape in India has changed drastically since startup Reliance Jio launched its 4G LTE network services in September 2016 with unprecedented free voice over...
The semiconductor industry appears to have escaped the direct impact of the coronavirus crisis so far, but the market is likely to suffer the repercussions as the outbreak slows or...
Unable to sustain the fierce price competition from China-based players, Taiwan-based touch panel maker JTouch has declared bankruptcy and will lay off all its employees in the next...
Germany-based SolarWorld AG has declared bankruptcy and this may influence the US government's decision on global safeguards investigations pursuant to Section 201 of the Trade Act...
Touch panel maker Cando on January 29 announced that it will immediately stop production and lay off about 360 employees, with about 40 to remain to dispose of affairs arising from...
As China's panel industry continues to increase production capacity, Taiwan panel makers have kept their competitive edge through product differentiation strategies and adjustments...
The number of enterprise filing for bankruptcy in Japan was down 18% on year to reach 748 cases in April, but enterprises' overall debts were up 37% on year to reach JPY192.8 billion...
First International Telecom (Fitel), the only PHS mobile communication operator in Taiwan, has asked the government to help arrange for Chunghwa Telecom (CHT) to become its bankruptcy...
GT Advanced Technologies has announced that following the bankruptcy court's recent approval of its settlement agreement with Apple, GT is now pursuing ASF furnace opportunities for...
Innolux is rumored to have issues acquiring a syndicated loan for NT$60 billion (US$1.97 billion) recently because of debt issues of its ex-affiliate Chi Mei Lighting Technology,...
GT Advanced Technologies' (GTAT) move to seek bankruptcy protection on October 6 came as a surprise to the IT industry especially because the maker was a major supplier of Apple for...
US-based sapphire ingot producer GT Advanced Technologies (GTAT) has applied for bankruptcy protection possibly because its HEM technology-based ingot growing process has seen much...
Suntech Power Holdings has announced that on November 14, 2013, liquidators passed a sole shareholder's resolution placing Power Solar System (PSS), an immediate subsidiary of the...
OCZ Technology, which specializes in providing high-performance solid state drives (SSDs) for computing devices and systems, has announced that on November 25, 2013, it received notices...