The past two years have seen a wave of consolidation weeping across the global semiconductor industry with many mergers and acquisitions through the world. This wave was again given a boost after the latest announcement by Analog Devices Inc that it would buy fellow chipmaker Linear Technology Corp for about $14.8 billion. Increase its share…
There were worries expressed by some analysts about whether Apple is selling too many of its lower cost iPhone SE model and needs to diversify its current portfolio of smartphones following the US tech company’s forecast-beating earnings that were announced on Tuesday. “Margins went down, they sold a lot more iPhones SE than they had expected…
Porsche is ramping up production at its Zuffenhausen plant by increasing its headcount. When Porsche first unveiled its Model E, E for electric, last December, it launched it as a competition to Tesla’s Model S. It had then said that 1,000 jobs will be created to being the concept vehicle to life. It has now…
Its second quarter earnings have dropped by 91%. If this trend continues its plans could be significantly affected. So as to meet the growing demands for flexible OLED displays, South Korean electronic giant LG Display has announced that it will invest $1.75 billion in OLED display technology. OLED displays are steadily replacing LCDs in smartphones…
Officially known as the S302, the new sub will be based on the existing S301i. The company that builds one of the world’s most advanced fighter jets, the F-35, has revealed that it has won a contract worth $166 million from the U.S. military in order to build a new “missile sub” which will carry…
Competition makes us consumers kings. Is Tesla feeling the heat? As per Rupert Stadler, Audi’s Chief Executive, the car manufacturer is ramping up its efforts for the electric car market and is set to launch three models by 2020. Stadler has told Reuters than its renewed push is a direct result of the diesel emission…
Norway is now making waves when it comes to clean energy despite being a big player in fossil fuels. With hydropower a crucial part of the mix of clean energy sources, 98 percent of its “electricity production” comes from renewable sources, the Norwegian government has said. Norway is home to an abundance of natural resources…
China, Apple Inc’s biggest overseas market and a country where foreign firms have suffered damaging boycotts following international spats, was the palce where the US tech giant found itself on the receiving end of a small, short-lived anti-U.S. protest last week. In a rare instance of the tech firm being targeted as a symbol of…
It’s “impossible” since it goes against its own policies. Yahoo has clarified saying it has done so using a proprietary tool. In a series of goof-ups, Yahoo has managed to recover an e-mail that was deleted which supposedly impossible is impossible to retrieve. The matter has taken a serious tone with a judge granting a…
The car business cannot afford to wait for the perfect technology – NHTSA. In a move that could sooth ruffled feathers in the wake of Tesla’s crash and questions being raised on the future of autonomous automated driving technology, Mark Rosekind from the National Highway Traffic Safety Administration has disclosed, at an event, that he…
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