05:13 AM EST, 12/03/2024 (MT Newswires) -- STMicroelectronics ( STM ) has secured a multi-year deal with Renault Group's electric vehicle unit, Ampere, for the supply of silicon carbide power modules starting in 2026, the companies said Tuesday. STMicroelectronics ( STM ) and Ampere have collaborated on the optimization of the power module for Ampere's new generation of electric motors,...

LONDON (Reuters) - Globalisation is being reset, as U.S. President-elect Donald Trump threatens trade tariffs, a senior Standard Chartered ( SCBFF ) executive told a banking conference in London on Tuesday. The possibility of such tariffs could disrupt supply chains but also open up opportunities for banks operating across Asia and the Middle East, Tanuj Kapilashrami, Chief Strategy and Talent...

BEIJING (Reuters) - The Internet Society of China (ISC) urged domestic companies on Tuesday to carefully consider the procurement of U.S. chips and seek to expand cooperation with chip firms from other countries and regions, according to its official WeChat account. The ISC also encouraged domestic firms to proactively use chips produced by both domestic and foreign-invested enterprises in China,...

JAKARTA, Dec 3 (Reuters) - Indonesia is expecting to get a $1 billion investment commitment from tech firm Apple Inc ( AAPL ) in a week, its investment minister said on Tuesday, after the government banned iPhone 16 sales for failing to meet local content rules. Indonesia stopped sales of the smartphone because it requires those sold domestically to comprise...