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…
As of September 29, 2018, Intel had reported that its share buyback warchest had a balance of $4.7 billion. U.S. chipmaking giant Intel Corp has disclosed, its board has approved a $15 billion increase in its share buyback program. As of September 29, 2018, Intel had reported that it had $4.7 billion remaining under its…
If the deal comes through, it is likely to be announced sometime in December 2018. As reported by CNBC citing sources familiar with the matter at hand, American technology company Xilinx Inc has hired Barclays to advise on its bid to acquire Mellanox Technologies Ltd. Although a deal is not expected to fruition in the…
The deal is yet to be finalized since it has yet to get clearance from Linxens’s union, and regulatory approval from France and Germany. According to 5 sources with direct knowledge of the matter at hand, Tsinghua Unigroup Ltd, China top state-controlled chip manufacturer has signed a deal with Linxens, a French smart chip components…
Xiaomi’s Hong Kong IPO is slated to be one of the biggest tech IPO globally in recent years. According to sources familiar with the matter at hand, Xiaomi plans on raising $6.1 billion from its planned Hong Kong IPO scheduled for launch this week. Xiaomi’s Hong Kong IPO is slated to be one of the…
Germany’s Infineon Technologies AG and China’s SAIC Motor Corp are to collaborate on making power modules for this booming electric vehicle market. On Friday, German chipmaker Infineon Technologies AG and China’s SAIC Motor Corp, a carmaker, agreed to set up a joint venture, SAIC Infineon Automotive Power Modules, to make power modules for the Chinese…
Eyeing booming demand for chips, especially for servers, Samsung has begun investing in a second production facility at Pyeongtaek; it first chip production line at Pyeongtaek began mass production in July 2017. On Wednesday, South Korean news agency Yonhap reported, Samsung Electronics Co has begun investing in a second memory plant at its Pyeongtaek production…
The U.S. chipmaker’s business model has created a series of legal setbacks. Apple has also charged it over similar legal issues. On Tuesday, Taiwan’s Fair Trade Commission stated Qualcomm Inc will pay $13.35 million ( T$390 million) as its first installment of the fine imposed by it for violations of anti-trust regulations in Taiwan. The…
Companies across the global are pushing the advance of AI-based deep learning for facial recognition technology. The multi-billion dollar industry is seeing rapid adoption by China as it tries to enforce a rigid framework on its citizens much like its firewall which limits its citizens’ usage of the internet. On Wednesday, the SenseTime Group, a…
Despite a brilliant performance in the third quarter, Samsung Electronics, the South Korean conglomerate is facing a vacuum in its top leadership which presents a never before opportunity for new generation leaders. On Friday, in a shocking revelation, Kwon Oh-hyun, Samsung Electronics Co Ltd’s CEO and Vice Chairman said he plans on stepping down from…
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