ASML, a Dutch chip-making equipment corporation announced its decision Thursday to buy Hermes Microvision Inc. (HMI, 漢微科), a Taiwanese chip-making equipment manufacturer in a deal worth NT$100 billion (approx. US$3.1 billion). HMI shares rose 10 percent (the daily limit) to NT$1,330 per share.
Chinese appliance firm Midea on Thursday said it had begun a cash offer for at least a 30 percent stake of German industrial robotics supplier Kuka, a tender which has stoked controversy in Europe.
German automaker Volkswagen plans to ramp up its offerings of electric vehicles as it fights to bounce back from a scandal over diesel cars rigged to cheat on emissions tests.
Reducing errors made during surgery, bringing school books to life, enabling us to browse shops from the comfort of home -- virtual reality is not just about gaming, it will change our lives, according to some tech leaders.
China's largest private property developer, the Wanda Group, has teamed up with basketball's international governing body in a multimillion-U.S.-dollar marketing deal as it expands its global presence in sports.
Finnish telecom equipment giant Nokia announced Thursday a plan to complete the acquisition of its former rival, French-American Alcatel-Lucent during the third quarter.
After the mega-deal for LinkedIn, Twitter's future has come into focus as the industry ponders the outlook for social networks.
Japanese clothing chain Uniqlo has leveraged its prowess in mass production to build a fashion empire filled with shelves upon shelves of affordable, good quality items like down jackets, underwear and T-shirts.
Ride hailing company Uber has begun providing helicopter service in Brazil's biggest city.
Spanish clothes retailer Inditex, owner of the Zara store chain, posted Wednesday a 6.0-percent rise in its first-quarter net profit due to higher sales around the globe.