Thursday 28 December 2023
Intel invests US$25 billion in Israel fab, aims to overtake TSMC and Samsung
In a bid to surpass TSMC and Samsung, aiming for the position of the world's leading foundry by 2030, Intel is said to have committed an additional US$25 billion investment in establishing...
Wednesday 27 December 2023
Intel to invest US$25 billion in building Fab 38 in Israel after receiving grants
After receiving US$3.2 billion in government grants from Israel, Intel began the construction of Fab 38 in Kiryat Gat near Gaza in a show of confidence in Israel amid Intel's production...
Wednesday 4 October 2023
Lee Jae-yong's latest Mideast visit draws new frontline for "Global Samsung"
Samsung Electronics Chairman Lee Jae-yong embarked on a strategic visit to Saudi Arabia, Israel, and Egypt during the Mid-Autumn Festival to assess local business prospects in the...
Tuesday 22 August 2023
Cipia uses computer vision AI to empower driver-monitoring technology
Driver monitoring has become a critical focus of automotive safety systems as distracted driving remains the primary cause of car accidents. Israel-based Cipia develops driver-monitoring...
Monday 10 July 2023
Zeekr EVs coming to Israel as Chinese brand enters Middle East
Zeekr cars will be available in Israel from the fourth quarter this year, marking the Chinese electric-vehicle brand's debut in the Middle East after a fresh foray into the Netherlands...
Monday 19 June 2023
Intel to invest US$25 billion in Israel
Days after Intel announced its investment in Poland, the chip giant plans to upgrade its wafer fab in Israel as the world is looking to reduce its reliance on chips made in Asia.
Thursday 20 April 2023
Tier-1 automotive suppliers see recent EV price cuts as a localized concern
Tesla cut prices for electric vehicles sold in China, Japan, and South Korea earlier this year, and has recently initiated price cuts in additional markets including Germany, France,...
Tuesday 14 February 2023
Addionics sets up pilot production line in Israel
Addionics, an Israeli startup building smart 3D electrodes for EV batteries, has opened its first pilot production line in Israel. The startup is expecting to bring production to...
Tuesday 13 December 2022
Hyundai supplies fuel cell trucks to Israel and US
Hyundai Motor Group (HMG) said it is starting operations of its heavy-duty, hydrogen-powered fuel cell trucks XCIENT in Israel and the US next year.
Thursday 25 August 2022
Nexar utilizes crowdsourced vision data to foster autonomous driving
Data is the foundation of autonomous driving. Nexar, an AI computer vision company, analyzes street information through a network supported by its dash cams. Integrating real-time...
Monday 18 July 2022
Cadence, Tower Semiconductor collaborate to advance automotive ICs
Cadence Design Systems and Tower Semiconductor, the leading analog solutions, announced a collaboration to advance automotive and mobile IC development.
Wednesday 13 July 2022
Israeli OT Cybersecurity Startups (2): Siga elevates OT cybersecurity to 'Level Zero'
It is critical to have security systems in place that prevent any unauthorized personnel from gaining access to your company's system. If an attacker were able to, they could gain...
Thursday 9 June 2022
Israeli Auto Cybersecurity (4): Electrification and digitization are nonstop trends says Maniv Mobility
The ways people and goods move have been evolving over the years. With technology advancements, electrification and digitization have become the prominent trends in the mobility industry,...
Friday 18 February 2022
Industry watch: Intel's acquisition of Tower heating up semiconductor race
The Israeli government will not object to Intel's plan to purchase Israel-based Tower Semiconductor for US$5.4 billion, as this is an expansion of Intel's investment in Israel. If...
Thursday 6 January 2022
StoreDot announces US$80 million funding led by VinFast
Israel-based StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EV), has announced the first close of its Series D funding round of up...