These sensors are used by Apple’s iPhone X, which was launched in 2017. In a development that underscores the growing debate in Japan as to whether foreign workers should be allowed in the country midst a labour shortage,Japan’s Sharp Corp has laid off around 3,000 foreign workers, said a labor union, as the electronic giant…
Qualcomm, the biggest smartphone chipmaker, fell victim to the U.S.-China trade war after it failed to gain approval from Chinese regulators in its $44 billion deal to acquire NXP Semiconductors. On Monday, U.S. chip maker Qualcomm Inc stated, it considers the prospects of acquiring NXP Semiconductors as closed. “While we were grateful to learn of…
South Korea’s Suwon District Prosecutors’ Office has concluded that Samsung Display 150 billion 3D lamination technology was sold by the CEO and 8 employees of Toptec Co Ltd for $13.85 million to China. In a development that goes to corroborate much of the narrative coming out of the United States and which underscores one of…
Tesla has been facing some serious headwinds in selling its models in China. The price cuts should add to the allure of its models. In a strategic decision, Tesla Inc stated, it is slashing the price of its Model S and Model X cars in China in order to boost their sales that potentially have…
With many countries deciding to ban China’s Huawei from providing 5G equipment for their national grid, Nokia is likely to benefit from such market opportunities. On Thursday, Finnish telecom giant Nokia stated it will merge its mobile networks as well as fixed networks business groups into a new unit called Access Networks. The reorganization comes…
All 3 Chinese startups will base themselves on Nvidia’s Xavier platform which will allow them to add specific software to adapt their vehicles to local traffic and infrastructure situations. On Wednesday, U.S. chipmaker Nvidia Corp’s CEO Jensen Huang stated, the chipmaker has signed separate deals with 3 Chinese electric vehicle startups, SF Motors, XPeng Motors…
The development is likely to make a significant dent in China’s ambition to become a global player in the semiconductor industry. The decision by the United States to cut off U.S. supplies to a Chinese chip-maker underscores growing tensions between the two countries over China’s ambition to become a global player in the computer chip…
This second investment by Hyundai Motor Co in Grab underscores the strategic growing relations between the two firms and has long term implications. In a development that marks Hyundai Motor Co’s growing confidence on Uber, the carmaker has, once again, invested Singapore’s ride hailing firm Grab. Hyundai Motor Co’s investment of $250 million in Grab…
Tesla plans on localizing production in China, to beat trade war related worries, including import duties, for its vehicles. In a strategic development aimed at reducing the prices of Tesla’s vehicles, the luxury carmaker stated, it plans on producing nearly 3,000 Model 3s per week from its Shanghai plant during the initial phase of its…
The consortium, of more than 130 partners, is aimed at developing self-driving car technology for the Chinese market. The European Union’s biggest carmaker, Volkswagen AG, stated it would join China’s Apollo autonomous driving consortium so as to develop self-driving car technology in the world’s biggest car market. In 2017, Baidu created the Apollo consortium to…
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