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Tencent buys 5% stake in Tesla for $1.8 billion

Green Car Congress

In 2015, Taiwan-based Hon Hai Precision Industry Co Ltd., Harmony Futeng subsequently established Future Mobility Corp. Tencent also just signed a $4.65-billion billion loan deal, Reuters reported. Tencent reported net profit of $5.97 billion last year, up 43% on a 48% increase in revenue.

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The Chip Shortage, Giant Chips, and the Future of Moore’s Law

Cars That Think

You also found that the future of Moore's Law depends as much on where you put the wires as on how small the transistors are, among many other things. By the time they got back in line to buy chips, that line was nearly a year long, and it was time to panic again. GlobalFoundries has already inked agreements with both Ford and BMW.

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