International Business Knowledge

​New York, Jan 23 (IANS) Taiwan technology giant Foxconn is teaming up with Cupertino, San Francisco-based Apple to set up a display-panel manufacturing facility in the US with an investment of $7 billion, the media reported on Monday.

Beijing, Jan 23 (IANS) The number of people, who opted for mobile payments in China soared 31.2 per cent in 2016 to reach 469 million, a new study revealed on Monday.

This strong growth was partly due to a continued increase in users connecting to the internet through their mobile phones, which grew 75 million, or 12.1 percent, in 2016, to

New York, Jan 20 (IANS) In an aim to improve competition in downloadable audiobook distribution in Europe, Apple and Amazon have agreed to end an exclusivity agreement that made Audible the only seller of audiobooks inside of iTunes.

​New York, Jan 19 (IANS) In a bid to help developers build better apps and grow their business, Google has acquired micro-blogging platform Twitter's mobile app developer platform called Fabric.

​New York, Jan 18 (IANS) Microsoft has acquired Sweden-based company Simplygon to accelerate innovation in enabling 3D for everyone.

Developer of automatic 3D data-optimisation solutions, Simplygon was developed by Donya Labs AB, a privately-held company based in Sweden.

​London, Jan 18 (IANS) British Prime Minister Theresa May said Britain was to leave the European Union's single market but would pursue ambitious new trade agreements.

During her eagerly-awaited Plan for Britain speech at Lancaster House in London on Tuesday, the Conservative leader outlined the government's 12-point program of goals they

New York, Jan 17 (IANS) A new patent filed by Microsoft hints at a device supported by flexible hinge that would transform a phone into a tablet.

The flexible hinge will also let users set up the device in tent mode similar to Lenovo's Yoga tablet.

​Beijing, Jan 16 (IANS) China will quadruple its new energy vehicle annual output to 2 million by 2020, a Cabinet Minister said.

Citing a government plan, Industry and Information Technology Minister Miao Wei said at a Beijing forum over the weekend that by 2025, at least one in every five cars sold in

​London, Jan 16 (IANS) As members of the European Union back a draft resolution to grant legal status to robots, in order to understand this proposal one needs to look at corporations which carry legal responsibility but aren't recognised as having human rights or seen as individuals, say experts.

​Beijing, Jan 16 (IANS) The Airbus is expected to deliver its first A330 aircraft in September 2017, a company statement said on Monday.

According to Airbus, by 2019 the Airbus China site in Tianjin, which is next to Beijing, will reach stable production capacity, completing and delivering two A330 wide-body