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US, India planning to boost chips collaboration, says Raimondo

BLOOMBERG The US and India will sign an agreement to boost coordination of their chip-industry incentive plans and are discussing the best ways to avoid over-subsidisation as the South Asian nation looks to boost its role in the global technology supply chain. The memorandum of understanding focusses on information-sharing and policy dialogue, Commerce Secretary Gina Raimondo told reporters. While she ...

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Apple supplier’s Vietnam chief exits after China shift

BLOOMBERG AirPods maker GoerTek Inc’s Vietnam business chief is leaving the company, days after the executive outlined how Apple Inc’s Chinese suppliers are likely to move capacity out of the country far faster than anticipated to pre-empt fallout from escalating Beijing-Washington tensions. Deputy Chairman Kazuyoshi Yoshinaga is departing for “personal reasons,” the Chinese firm said in a brief exchange filing, ...

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Copa to boost Venezuela flights to cash in on economic rebound

BLOOMBERG Copa Holdings SA is planning to boost flights to Venezuela as a budding economic recovery boosts demand for travel, and new connections to Colombia are set to open. The Panama-based airline aims to add eight new flights to its existing 35 per week, Copa’s general manager in Venezuela, Roberto Pulido, said. These will connect the capital and three other ...

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