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Infineon launches chip venture with China’s SAIC

Bloomberg German chipmaker Infineon Technologies AG is teaming up with SAIC Motor Corp Ltd., China’s largest automaker by sales volume, to benefit from the quickly growing demand for electric cars in the country. Infineon and SAIC will set up a joint company to produce power modules for Chinese manufacturers of electric cars and plug-in hybrids, jointly investing at least $122 ...

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Hyundai warns tariffs may jeopardise US output

Bloomberg Hyundai Motor Co. warned it may rethink how many vehicles it builds in the US, joining the world’s largest automakers in speaking out against US President Donald Trump’s crackdown on steel and aluminum imports. “Changes to the existing tariff structure could negatively impact our current US production and further expansion,” Jim Trainor, a Hyundai spokesman, said in an email. ...

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Watch out, Lenovo’s downward spiral may not be over just yet

Bloomberg In four years, Lenovo Group Ltd. went from would-be Apple Inc. challenger to an also-ran in smartphones and datacenter servers. Now it’s got a comeback plan, but some investors don’t buy it. China’s erstwhile tech darling, which lost its perch atop the PC market to HP Inc. in 2017, has shed two-thirds of its value since hitting a 15-year ...

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