Month: February 2021

Chinese tech giant Tencent Holdings Ltd has become the target of a fresh anti-monopoly complaint to regulators, this time from a supplier of smart vehicle technology and a General Motors China venture. The supplier, Shanghai PATEO, in a statement accused Tencent of abusing its messaging app’s dominant market position to restrict sales of its products.
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Japan’s Renesas said it is in talks to buy British-based Dialog Semiconductor in a deal that would bolster its automotive chip business and value the Apple supplier at around $6 billion (roughly Rs. 44 crores). Under the potential deal, Renesas would pay EUR 67.50 (roughly Rs. 5,900) a share for Frankfurt-listed Dialog, it said in a
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