Despite the bragging rights, its 77.42 gigawatts of solar energy is just a drop of water in its bucket of energy requirements and represents just 1% of the country’s total energy demands. China has made giant strides in implementing clean energy and is slowly weaning off its economy from lustre of cheap coal power. According…
For Takata Corp., the embattled air-bag maker that’s seeking a buyer after causing the biggest safety recall in automotive history, Chinese-owned Key Safety Systems Inc. has emerged as the leading bidder. While clarifying that no final decision has been made, the Tokyo-based supplier said in a statement that an external committee appointed to spearhead Takata’s…
Heightening Apple Inc’s focus on the world’s fastest-growing major smartphone market as growth slows elsewhere, the U.S. company will begin assembling iPhones in India by the end of April, a regional minister says. Priyank Kharge, Karnataka’s information technology minister said that the U.S. company has tapped Taiwan’s Wistron Corp. to put together its phones in…
In the world’s most advanced market for next-generation tobacco products – Japan, a further boost to Philip Morris International Inc. has been handed over as the capacity constraints that have dogged the domestic launch of Japan Tobacco Inc.’s heated tobacco device will take a while yet to resolve, says a company executive. Yasuhiro Nakajima, vice…
In order to back a House Republican plan to tax all imports and saying the proposal would “support American jobs and American-made products”, U.S. companies including major exporters General Electric Co and Boeing Co launched a coalition. Including companies like Dow Chemical Co, Eli Lilly and Co Pfizer Inc, and Oracle Corp, the group, comprised…
The startup plans on releasing a fleet of self-driving taxis for the 2020 Tokyo Olympics ZMP Inc, a Japanese robotics startup is set to be listed in the Tokyo Stock Exchange in the coming months. In 2016, ZMP was all set for its initial public offering, but it had to postpone since a client’s information…
Change has to come from the inside … A boycott movement which registered more than 200,000 account deletions from employees, convinced Travis Kalanick, Uber’s CEO, to end his tenure at U.S. President Donald Trump’s economic advisory council. However, SpaceX and Tesla’s CEO, Elon Musk has yet to be convinced as how why he should withdraw…
Germany’s business leaders say there’s a problem with the new president’s “America First” policy with Donald Trump stepping up criticism of the country’s colossal trade surplus. U.S. consumers and workers are the likely losers from many of his proposed restrictions, they say. After a top Trump administration official criticized German trade policies, the perils of…
Its AR lenses allows just about any object to be used as a billboard. In the next iteration of Snapchat’s Lenses could be a significant evolutionary step: The Information has reported that Snap. Inc is developing a smarter version of its world lenses and cute filters which could overlay images, including advertising, onto almost any real-world…
The 5G standard has yet to be defined and 5G handsets are yet to hit the market. In a significant boost to connectivity, AT&T has disclosed that it will be launching its ultra-high speed 5G wireless services in Austin and Indianapolis, sometime this year. Although, the technology is in its infancy, AT&T is confident enough…
