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Emerging tech, businesses news coverage
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Wednesday 16 February 2022
Highlights of the day: Despite tight supplies of microchips and lithium batteries, tech firms promise AR, XR
Western Digital is raising the price of NAND flash products. Tesla will soon deliver electric...
Wednesday 16 February 2022
Global tech firms to focus on AR/VR development in 2022
Global tech companies are expected to concentrate on the development of augmented reality (AR) and virtual reality (VR) technologies in 2022, in the hope of using them to launch metaverse...
Wednesday 16 February 2022
Delivery of Tesla Model Y with 4680 battery expected by end of 1Q22
Tesla is expected to deliver the first batch of Model Y electric vehicles (EVs) equipped with 4680 batteries at the end of this quarter, according to reports.
Wednesday 16 February 2022
SK Hynix develops PIM, next-gen AI accelerator
SK Hynix has developed processing-in-memory (PIM), a next-generation memory chip with computing capabilities, according to the company. PIM provides a solution for data congestion...
Wednesday 16 February 2022
Okinawa Autotech opens new E2W plant
Okinawa Autotech, India's second-largest electric two-wheeler brand, commenced operation at its second manufacturing facility, showing India's electric two-wheeler manufacturers'...
Wednesday 16 February 2022
Mercedes, Volvo see growing demand for EVs in Thailand
Mercedez-Benz and Volvo are tapping the EV markets in Southeast Asia. Relative to other ASEAN countries, Thailand is expected to show remarkable potential for EV sales.
Wednesday 16 February 2022
Samsung's Harman acquires Germany-based AR supplier
Harman International, Samsung Electronics' subsidiary headquartered in the US, has acquired Germany-based mixed reality developer Apostera, in a bid to sharpen its edge in the car...
Wednesday 16 February 2022
India and Tesla need to find some common ground
India has taken a firm stance regarding high import duties on cars, and just recently refused Tesla's demand to lower relevant taxes. In addition, Indian prime minister Narendra Modi's...
Wednesday 16 February 2022
TSMC-Sony JV foundry attracts investment from Denso
Denso will invest US$350 million in Japan Advanced Semiconductor Manufacturing (JASM) for a more than 10% stake in the JV foundry between TSMC and Sony, according to a joint statement...
Tuesday 15 February 2022
Industry trends to watch in electric cars 2022 (Part 2)
Electric vehicle (EV) adoption will keep growing in 2022 as the chip shortage persists. Carmakers have been utilizing modular platforms to push EV launches. Furthermore, electrification...
Tuesday 15 February 2022
Foxlink rents factory in US for production of energy products
Connector maker Foxlink has rented a 168,897-square meter plant in the US state of Arizona, where the Taiwan-based company plans to produce green-energy products such as charging...
Tuesday 15 February 2022
Luxshare forms partnership with Chery aiming to become tier-1 supplier for EVs
China-based Luxshare signed a strategic partnership agreement with Chery Group on February 11 for forming a joint venture within the next three months to produce electric vehicle...
Tuesday 15 February 2022
Smart manufacturing driving growth of IT outsourcing
Serving the needs of IT and manufacturing customers will drive Wistron ITS' growth in 2022, thanks to rising demand for smart manufacturing technology and alternative-fuel vehicles,...
Tuesday 15 February 2022
Ola disrupted Indian EV market but brand image suffers ahead of IPO
Ola is considered one of the biggest success stories of the Indian startup industry. Starting as a cab aggregator that offered stiff competition to Uber, the company has widened its...
Tuesday 15 February 2022
Young Optics expects capacity utilization to rise to 75-80% in 1Q22
Optical component and module maker Young Optics has seen utilization of production capacity rise from about 60% in the fourth quarter of 2021 to 70% at present and, based on orders...