China’s electric vehicle policy will make it global automotive powerhouse

With Beijing’s policymakers and regulators intent on transitioning from fossil fuel powered vehicles to more electric vehicles, China is set to become the automotive powerhouses in the world. In a development aimed at accelerating the adoption of electric vehicles, automakers from across the globe are planning a $300 billion surge in their spending on electric…

Chinese chipmaker Fujian Jinhua Integrated Circuit Co Ltd pleads not guilty in U.S. intellectual property theft case

Fujian Jinhua Integrated Circuit is a self-proclaimed national leader in China’s tech industry. On Thursday, Fujian Jinhua Integrated Circuit Co Ltd, a Chinese chipmaker pleaded not guilty to U.S. allegations that it stole trade secrets. In October 2018, U.S. authorities added, Fujian Jinhua to the list of entities that cannot purchase components, technology or software…

Qualcomm nail down Apple’s misleading statement

Apple’s misleading statement is a pointer to a change in gameplan in its chip souring strategy. In a development that essentially pins down Apple CEO Tim Cook’s lie, Qualcomm Inc’s spokesperson made it bluntly clear that Cook’s comment that there was no recent settlement talks between the Apple and Qualcomm were “misleading.” “We have been…

London still maintain sizeable leads as top destination for fintech funding

Although London is still maintaining a sizeable lead, Paris and Berlin are fast catching up. The gap could narrow down significantly in case of a cliffhanger Brexit. Data from PitchBook, a funding database, shows that despite Brexit, London has managed to cling on to the title of the top destination for technology investments in 2018…

Airbus meets 2018 delivery target of 800 aircrafts, subject to ongoing audit

This delivery record marks a new high for Airbus and comes despite the recent delays in its supply chain. According to sources briefed on the matter at hand, Airbus has already achieved its main industrial target of delivering 800 aircraft in 2018 after record handovers in December. The final published number is subject to ongoing…

Toyota’s opens up on its autonomous automated technologies at CES

Toyota Motor Corp showcased its automated safety technology “Guardian” as well as its full self-driving system – the “Chauffeur” at the annual CES at Las Vegas. As per a statement from Toyota Research Institute’s chief executive Gill Pratt, the carmaker’s automated safety technology “Guardian” will feature in its model “in the 2020s”. Pratt disclosed this…