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Emerging tech, businesses news coverage
IN THE NEWS
Wednesday 28 August 2024
Hyundai to double hybrid lineup; unveils US$3 billion buyback
Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows and announced a KRW 4 trillion ($3 billion) share buyback as part of a plan...
Wednesday 28 August 2024
Malaysian officials meet with Tesla, factory plans unlikely included
Malaysian officials recently met with Tesla executives to discuss the company's development plans in Malaysia.
Wednesday 28 August 2024
Nvidia's upcoming results expected to surpass expectation
Nvidia will release its fiscal second-quarter financial results on August 28. The market has high expectations for the company, anticipating revenue and gross margin figures to exceed...
Wednesday 28 August 2024
HMG's US EV sales rank second behind Tesla, tops 10% market share
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
Wednesday 28 August 2024
Foxconn quells rumors, confirms on-schedule production for major client
To dispel rumors regarding the progress of new product shipments for a major client Foxconn Chairman Young Liu has assured that production lines across the company's facilities are...
Wednesday 28 August 2024
Samsung supplies automotive LPDDR4X to Qualcomm, challenges Micron's market lead
Samsung Electronics has announced the successful qualification of its automotive LPDDR4X memory for use with Qualcomm Technologies' Snapdragon Digital Chassis. This memory is intended...
Wednesday 28 August 2024
Collaborative robots gain momentum amid automation surge
As industrial automation continues to advance, the integration of robotic arms and other automated equipment into production lines is becoming more common.
Tuesday 27 August 2024
China's Xpeng aims to manufacture EVs in Europe to blunt tariffs
Xpeng Inc. is looking for a manufacturing site in Europe, making it the latest Chinese electric vehicle maker seeking to mitigate the impact of import tariffs by building its cars...
Tuesday 27 August 2024
CMC navigates local content challenges: Adjusting MG brand operations and delaying new car launch
At the online investor conference on August 26, Ching-wu Chien, vice President of China Motor Corp. (CMC), addressed the company's response to new government regulations mandating...
Tuesday 27 August 2024
SK Group obtains three major weapons to strike global AI market
To seize the initiative in AI, the SK Group revealed that it is ready to use "three weapons," namely HBM, GTAA, and energy solutions. It hopes to sound the attack on the semiconductor,...
Tuesday 27 August 2024
Canon, front-end equipment makers shift focus to advanced AI chip packaging solutions
AI chips required by generative AI rely on finely wired and processed equipment; thus, front-end process equipment manufacturers have shifted their focus to the advanced packaging...
Tuesday 27 August 2024
AMD's ZT Systems acquisition stirs industry concerns
AMD's acquisition of ZT Systems has sent ripples across the tech industry, drawing attention particularly from Nvidia.
Tuesday 27 August 2024
Acme seeks new applications for SiC powder amid EV market slowdown
Taiwan's Acme Electronics is anticipating flat or slightly declining demand for its silicon carbide (SiC) powders used in electric vehicles (EVs) during the second half of 2024. To...
Tuesday 27 August 2024
Taiwan unveils 2025 strategy to advance tech R&D and talent development
Taiwan's prominence in the global tech industry continues to grow, as evidenced by former Google CEO Eric Schmidt's recent praise at Stanford University. Schmidt highlighted Taiwan's...
Monday 26 August 2024
Penny a minute voice bots help India startups vie with OpenAI
Earlier this month, executives from Alphabet Inc.'s Google DeepMind, Microsoft Corp. and Meta Platforms Inc. joined tech founders in Bangalore to watch one of India's top AI startups...