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Hyunjoo Jin

Asian suppliers' stocks slip on Tesla's cheaper battery plan

3:39am EDT

SEOUL/SHANGHAI Shares of Asian battery suppliers fell on Wednesday after Tesla Inc outlined a plan to halve the cost of its electric vehicle batteries and bring more production of the key auto component in-house.

Asian suppliers' stocks slip on Tesla's cheaper battery plan

1:53am EDT

SEOUL/SHANGHAI Shares of Asian battery suppliers fell on Wednesday after Tesla Inc outlined a plan to halve the cost of its electric vehicle batteries and bring more production of the key auto component in-house.

Tesla's Musk sees no immediate boost from 'Battery Day' tech unveil

Sep 22 2020

Tesla Inc CEO Elon Musk said improvements to be unveiled at the electric-vehicle maker's "Battery Day" event would not reach "serious high-volume production" until 2022, knocking its shares down.

LG Chem plans to separate battery business as electric cars take off

Sep 17 2020

SEOUL South Korea's LG Chem, an electric car battery supplier for Tesla Inc and GM said on Thursday it plans to separate its battery business into a new company as the electric vehicle market takes off.

Nvidia's Arm deal sparks quick backlash in chip industry

Sep 14 2020

SAN FRANCISCO/SHANGHAI/SEOUL Nvidia Corp's $40 billion agreement to acquire Arm Ltd from SoftBank Group Corp is likely to meet strong opposition from Nvidia's chip industry rivals, analysts say, with murmurs of protest emerging in South Korea and China within hours of the deal's announcement.

South Korea government, Samsung team up for self-sufficiency after Japan export curbs on chip material

Sep 14 2020

DAEJEON, South Korea When the South Korea government unveiled an expanded semiconductor material testing facility last month, the centrepiece was a towering white machine given by Samsung Electronics at a fraction of its market price. | Video

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