Monday, June 19, 2023

An interview with Foxconn chairman Young Liu on shifting some supply chains away from China as China-US tensions rise hoping to capture 5% of EVs and more (BBC)

BBC:
An interview with Foxconn chairman Young Liu on shifting some supply chains away from China as China-US tensions rise, hoping to capture 5% of EVs, and more  —  iPhone maker Foxconn is betting big on electric cars and redrawing some of its supply chains as it navigates a new era of icy Washington-Beijing relations.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...