Thursday, May 12, 2022

Apple supplier Foxconn reports 5% jump in Q1 profit

Apple Inc supplier Foxconn reported a 5% rise in first-quarter net profit, largely in line with estimates, as chip shortages, supply chain issues and slow spending for electronics amid COVID-19 lockdowns in China curbed demand. https://ift.tt/FLJGh37

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Estonian startups aim to turn its thriving tech sector into a military-industrial complex, including making autonomous drones, as Europe boosts defense spending (Ott Tammik/Bloomberg)

Ott Tammik / Bloomberg : Estonian startups aim to turn its thriving tech sector into a military-industrial complex, including making auto...