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...