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Tag: struggles
Power Semiconductor Giants amid Struggles: 8,800+ Layoffs as Market Slows and China Emerges
Power semiconductors, once seen as a promising sector alongside AI chips, are now facing challenges due to a…
Another hydrogen fail as Hyvia struggles to survive
French hydrogen company Hyvia is currently facing insolvency, with the Commercial Court of Versaille granting the company a…
Porsche to cut nearly 2,000 German jobs as EV struggles worsen
The iconic luxury sports car maker, Porsche, is facing tough times as it plans to cut 1,900 jobs…
Nikola reportedly considers bankruptcy amid financial struggles
Nikola, the hydrogen-powered freight truck maker, is facing financial challenges that may lead to a bankruptcy filing. According…
Great Wall to add high end brand as company struggles in China market
Great Wall, a prominent Chinese automaker, has recently made headlines with the announcement of their new super luxury…