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Emerging tech, businesses news coverage
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Wednesday 24 April 2024
Automate 2024: Cincoze to display AI edge computing solutions
Rugged embedded computer brand – Cincoze, will be at Automate 2024 (South Hall, Stand 1062) in Chicago, USA, on May 6–9, 2024. Cincoze will display its range of world-class...
Wednesday 24 April 2024
Synaptics unveils Astra: powering the next wave of edge AI IoT devices
Synaptics Incorporated has unveiled its Synaptics Astra platform, featuring the SL series embedded AI native IoT processor and the Astra Machina Foundation series development kit.
Wednesday 24 April 2024
HBM prices likely to fall in 2H24 due to intensified market competition
Nvidia is arguably the biggest "beneficiary" of Artificial Intelligence (AI) so far, but the recent 10% plunge in Nvidia's stock price and the evaporation of its market capitalization...
Wednesday 24 April 2024
Battery information sharing among Japan, EU, US aims to cut reliance on Chinese materials
Japan and the European Union have agreed to collaborate on a scheme to share information about battery material production locations and the supply chain. The move will help the two...
Wednesday 24 April 2024
Apple acquires Paris-based AI startup Datakalab
Apple is reportedly acquiring French AI startup Datakalab, a company whose primary technologies are algorithm compression and computer vision.
Wednesday 24 April 2024
Micron to step up AI memory fabs construction in US after securing gov't grants
American memory chip giant Micron Technology, which has not built a new fab in the US for 20 years, is expected to step up its construction of new manufacturing facilities in New...
Wednesday 24 April 2024
Tesla promises new model production early 2025 as profits plunge
EV giant Tesla released its financial results for the first quarter of 2024, which missed estimates.
Wednesday 24 April 2024
EV golden cross above ICE vehicles might come later as demand slows
As more EV models are available and prices decrease, EV sales have grown notably in recent years. However, the growth rate will slow in 2024, making one wonder whether the "golden...
Wednesday 24 April 2024
China's unicorn boom: weekly start-up births with AI, semiconductors, and new energy leading the pack
Amid economic uncertainty, China still saw a surge of "unicorns" in 2023, particularly in sectors such as AI, semiconductors, aerospace, and new energy vehicles.
Wednesday 24 April 2024
Self-driving chips to draw attention at Beijing auto show
Self-driving chips are expected to be a focal point at the forthcoming Beijing International Automotive Exhibition.
Tuesday 23 April 2024
SK On reportedly retooling Ford-dedicated battery production line for Hyundai
Hyundai Motor has reportedly tied up with battery maker SK On in the US. Before the pair establishes a joint venture, SK On will retool a battery production line dedicated to Ford...
Tuesday 23 April 2024
TSMC optimizes 3/5/7nm equipment conversion amid AI surge, with 5nm emerging as primary profit driver
In the dynamic realm of AI, TSMC has secured the vast majority of customer orders, and foundry quotes now surpassing US$10,000 per wafer are primarily centered on the lucrative process...
Tuesday 23 April 2024
Rohm and STMicroelectronics extend SiC wafer supply contract
Rohm and STMicroelectronics have extended their previously signed supply contract for Silicon Carbide (SiC) wafers for several more years.
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Tuesday 23 April 2024
Automotive suppliers closely monitor potential impacts of regional conflicts
The international maritime logistics sector has faced multiple challenges, including the 2023 Red Sea crisis and the recent conflict between Israel and Iran. The regional tension...