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LG Energy Solution (LGES), a supplier for electric car makers Tesla and Lucid, said on Thursday in Korea it plans to invest 1.7 trillion Korean won ($1.4 billion) to build a battery factory in Arizona by 2024 to meet demand from “prominent startups” and other…
Samsung has been searching for a prime location to set up a new multi-billion-dollar chip production plant for a while now, and it’s most certainly happening in the United States. The company already has one semiconductor chip foundry in th U.S., based in…
Recently, Apple thanked its lucky stars when North Dakota voted down a proposed bill that would have forced the company to allow 3rd-party payment processes for apps in the App Store. The bill’s objective is to let companies bypass Apple’s 15%-30% commission…
