Reuters

China's Huawei Technologies launched on Monday what it said was the world's first 5G communications hardware for the automotive industry, in a sign of its growing ambitions to become a key supplier to the sector for self-driving technology.

Japan said on Monday it had picked Lockheed Martin Corp. to build a powerful new $1.2 billion radar for two ground-based Aegis ballistic missile defense stations meant to guard against North Korean missile strikes.

The U.S. government should require automakers to offer advanced safety features like lane departure warning in all passenger vehicles and commercial trucks to prevent accidents, the National Transportation Safety Board said.

Analog chipmaker M/A-Com Technology Solutions Holdings sold more shares at the higher end of its expected price range in its initial public offering, an underwriter told Reuters.