SAN FRANCISCO — Tempo Automation reported revenue of $2.4 million in the third quarter, down 56% from the $5.4 million in revenue in the third quarter of 2021.

HONG KONG — Foxconn, the world's largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell entire equity stake in Chinese chip conglomerate Tsinghua Unigroup.

FRIEDRICHSHAFEN, GERMANY — ZF Group has signed an investment agreement with the Guangzhou Huadu District Government to build a new plant for electronics and advanced driver assistance (ADAS) products in Guangzhou.

SENAI, MALAYSIA — VS Industry Berhad reported first quarter sales of MYR 1.29 billion (US $239 million), an increase of 33% from the MYR 968 million ($219 million) in revenue from the first quarter of last year.