After China-based Midea Group acquired a 100% stake in the Germany-based robotics giant Kuka, the industrial robotics industry is expected to experience a reshuffle.

One of the key points of Asustek Computer's organizational restructure is its R&D department. This personnel shift suggests that the brand PC company may place more orders with...

Asus, the Taiwan-based tech conglomerate, commenced an extensive internal restructuring plan on July 11. The shake-up is estimated to affect up to 1,000 employees, who mainly belong...

Panel maker Innolux has announced a corporate restructuring plan that will divide its corporation into two business groups.

Amid India's government scrutiny, Xiaomi was reportedly reducing its headcounts in India and shifted most of its decisions to its parent company in China. Vedanta continued its foray...

Lordstown Motors has filed a lawsuit against Hon Hai Technology Group (Foxconn) and some of its subsidiaries, including Foxconn Ventures, in the US Bankruptcy Court for the District...

Numerous media outlets have reported that the Volkswagen Group of Germany could undergo its largest reorganization in a decade. In the impending reorganization, cost reduction would...

Ramtron International, a supplier of nonvolatile ferroelectric random access memory (FRAM), has announced that it has initiated restructuring and cost reduction actions to strengthen...

Taiwan Memory Company (TMC) will request no more than NT$30 billion (US$867 million) from the government to carry out a mission to bring about "fundamental restructuring"...

NOR memory manufacturer Spansion has announced that its Japanese subsidiary Spansion Japan has entered into a proceeding under the Corporate Reorganization Law (Kaisha Kosei Ho) of...