Dutch chipmaker NXP Semiconductors invests in China’s Hawkeye Technology

The undisclosed investment is aimed at increasing its footprint in China’s automotive radar market. On Wednesday, Dutch chipmaker NXP Semiconductors NV stated, it has invested in Chinese self-driving technology company Hawkeye Technology Co Ltd to expand its footprint in the automotive radar market in China. NXP has also signed a collaboration agreement with Hawkeye in…

Intel exiting 5G smartphone modem business

Intel is however assessing opportunities for 4G and 5G modems for other data centric devices. In a significant development, Intel Corp disclosed it was exiting the 5G smartphone modem business; it is however assessing opportunities for 4G and 5G modems for internet of things (IoT) devices, PCs, and other data-centric devices. “…in the smartphone modem…

Aptiv opens major autonomous vehicle engineering hub in Shanghai

The new center will focus on Aptiv’s L4 or level 4 technology. On Wednesday, Aptiv, a U.S. auto-parts supplier stated it was opening an autonomous mobility center in Shanghai. The development underscores its push to increase in footprint in the self-driving vehicles market in China. The new center in Shanghai, will be one of Aptiv’s…

Growing Regulatory Scrutiny Of Tech Giants Force Amazon To Soften Image: Analysts

There is a rising concerns among lawmakers in the United States about the increasing of e-commerce company Amazon’s influence over consumers even as the company attempts to relentlessly pursue its objectives of growth and profits in e-retail, cloud computing, advertising and consumer devices. However, faced with such a situation, it appears that Amazon is trying…

Security of cryptocurrency exchanges to be bolstered in Japan

Japan’s financial regulator is pushing to improve internal security in the country’s cryptocurrency exchanges. On Tuesday, in a development that marks Japan’s intent to increase its oversight of cryptocurrencies, Japan’s financial regulator stated, cryptocurrency exchanges will now require to strengthen internal oversight of “cold wallets” used to store digital money, said a source with direct…