Nio Secures $2.2 Billion Investment from CYVN Holdings Leading Chinese electric vehicle (EV) manufacturer, Nio, has recently announced a groundbreaking deal with CYVN Holdings, an arm of the Abu Dhabi Investment Authority. This significant investment of $2.2 billion marks a pivotal moment for both Nio and the global EV industry. It represents the first major Middle […]
Abu Dhabi’s CYVN Holdings Invests $2.2 Billion in Nio Read More »
Foxconn Technology Group Secures Approval for $1 Billion Investment in Apple Manufacturing Plant in India Foxconn Technology Group, a major player in the technology manufacturing industry, has recently gained approval for an additional $1 billion investment in its Apple product manufacturing plant in India. This brings the total investments in the facility to an impressive $2.7
Foxconn Pours $1.5 Billion into India for Apple’s Expansion Strategy Foxconn, the Taiwanese company responsible for producing iPhones for Apple, is set to invest $1.5 billion in India as part of its efforts to diversify production locations and support Apple's expansion strategy. This move comes as India continues to make progress in becoming a global technology
China’s Changxin Xinqiao Memory Technologies Raises $5.4 Billion in Funding In a significant move highlighting China’s dedication to technological self-sufficiency, semiconductor start-up Changxin Xinqiao Memory Technologies, based in Hefei, successfully raised US$5.4 billion in its latest funding round. The funds were secured from government-backed investors, including the China Integrated Circuit Industry Investment Fund Phase II, underscoring
