The United States has continued to keep Alibaba’s taobao.com, China’s biggest e-commerce platform on this blacklist. Continuing its crackdown on Chinese companies which exploit and steal U.S. intellectual property, the United States added Pinduoduo.com, China’s third-largest e-commerce platform to its list of “notorious markets” for violations of intellectual property rights. The United States also kept…
While there are several competitors in the fray to provide internet access to underserved areas, SoftBank and Alphabet opine collaboration could be the key to their solution gaining wider traction and broader adoption. In a significant development, SoftBank Corp stated, it will be investing $125 million in one of Alphabet Inc’s spinoff working to find…
The development comes in the wake of Elon Musk, Tesla’s CEO, tweeting that Panasonic has been a constraint on Tesla’s production of the Model 3 since July 2018. Against the installed capacity of 35 GWh at Tesla’s Gigafactory at Nevada, Panasonic has operationalized only 24 GWh. On Thursday, as per a source familiar with the…
Samsung Electronics will investment 11 trillion won annually upto 2030, so as to become the world no.1 in logic chips. On Wednesday, Samsung Electronics stated it would be sinking in $9.57 billion (11 trillion won) annual through 2030 in its logic chip businesses, including its foundry business. The investment by Samsung Electronics, the world leader…
The most significant part of the indictment is that this is the first time that the United States has tied these economic and intellectual property thefts to the Chinese government. In a significant development, as per an indictment unsealed by the U.S. Justice Department, a Chinese businessman as well as a former engineer working at…
It will have to be seen how Britain can block Huawei from only its core 5G network since it is very difficult to distinguish between core and non-core. As per a source within the Britain’s security establishment, London will not only block China’s Huawei Technologies from all core parts of its 5G network but will…
Tesla co-founder Elon Musk probably surpassed even his own limits of making bold, and by some measures outlandish statements, as he threw up a challenge to the other car makers of the world. “The fundamental message that consumers should be taking today is that it’s financially insane to buy anything other than a Tesla,” the…
China’s Ministry of Industry and Information Technology (MIIT) stated, the government will nurture and promote greener technologies, such as hydrogen and fuel cell, for the transportation market. On Tuesday, a Chinese government official stated, China back the development of hydrogen energy and fuel cell vehicle industry as part of a wider effort to promote green…
The adoption of electric vehicles and plug-in hybrids in the U.S. is likely to be a win-win scenario for carmakers and utilities if the latter were to expand their range of services and increase their revenue streams. As per the results of a study released on Tuesday, an increase in demand for electric vehicles in…
Huawei’s modile, based on its Balong 5000 5G chip, is aimed at establishing itself as a key supplier for parts for the upcoming connected car industry. On Monday, in a development that further underscores China’s ambition to position Huawei Technologies as a vehicle to further its global ambitions, the embattled tech giant stated, it has…
