Speaking at a crammed Geekpark Conference in Beijing on Monday, Tesla Motors CEO Elon Musk said that the company will begin to manufacture vehicles in China within the next three to four years. Also, Tesla will begin establishing a large network of battery-charging stations in the … [Read more...]
Apple Inc. (AAPL) taking a bite out of Samsung’s China territory
Apple Inc. (NASDAQ:AAPL) revealed a significant jump in China Mobile's January 3G subscriptions compared to the previous month, which was due entirely to new sales of iPhones by the Chinese telecommunications titan. According to the information that Apple provided to its investors in … [Read more...]
Apple Stock (AAPL) Feels the Pressure of iPhone 5 Sales
Apple (AAPL) unveiled its iPhone 5 in China Friday and quickly sold 2 million units. These sales over the weekend almost match the entire third quarter sales for the IPhone 4S, which was 2.1 million units. However, the company's stock still dropped by almost 4%. Apparently, Wall … [Read more...]
China and Japan Indicate Support for Europe’s Rescue Plan
The second and third largest global financial economies have recently indicated support for Europe's recently rolled out rescue plan. China and Japan, second and third largest economies respectively, have verbally indicated their support to help resolve the European financial crisis … [Read more...]
