Huawei launches world’s first 5G communication hardware for automobiles

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…

Samsung Group to invest $22 billion in new technologies over the next 3 years

Technological areas in which Samsung Group will invest include, AI, bio-pharma, 5G and electronic components for next gen automobiles. On Wednesday, Samsung Electronics, a unit of the South Korean conglomerate Samsung Group stated, over the next three years it plans on investing up to $22 billion (25 trillion won) in artificial intelligence, electronic components for…

Samsung Display gets U.S. certification for its transparent, bendable, unbreakable screen

The development has given rise to expectations that Samsung Electronics can now launch its foldable screen which its mobile chief had hinted was in development; there’s every probability that Samsung could launch this device during the holiday shopping season. On Friday, Samsung Electronics Co Ltd’s subsidiary Samsung Display stated, its unbreakable, bendable screen has passed…

Japan Automobile Manufacturers Association prefer FTA, low tariffs on automobiles

The move is aimed at maintaining the chinks in the well-oiled, tried and tested global automobile supply chain. U.S. demands for changes in NAFTA could significantly impact automakers and autospare makers. On Friday, an association of Japanese automakers stated, it hoped Japan’s export partners would stick to existing free trade relationships and keep tariffs on…

China’s Guangzhou Automobile Group Co Ltd warns U.S.-China trade war will impacts its entry into U.S market

The Chinese automakers stated if the U.S. were to impose stiff penalties on Chinese vehicle exports, its planned entry into the U.S. market by 2019 will be significantly affected. On Wednesday, China’s Guangzhou Automobile Group Co Ltd stated the brewing trade conflict between China and the United States, especially if stiff tariffs were imposed, its…

Siemens consolidates its position in the self-driving industry by acquiring self-driving specialist software developer Tass International

Although Siemens entry into the self-driving vehicle industry has been as recent as early this year, it has been quick to consolidate its position. In a significant development, German industrial giant Siemens has agreed to acquire Tass International, a company which specializes in developing self-driving software, for an undisclosed sum. The move will its automotive…