On Friday, in a statement Apple Inc said, it will launch its first online store in India on September 23; the date of the launch assumes significance and is strategic since it coincides with India’s festive season which routinely rakes in some of the biggest sales for retailers every year. Currently, Apple sells its products…
On Thursday, Finland’s Nokia Oyj stated, it has entered into partnership with Intel to speed up the shift to 5G. The announcement comes a day after a similar deal was made with Marvell Technology. Nokia has struggled to speed up the development of its Reefshark system on chips (SoC), which has been slower-than-expected; Nokia’s Reefshark…
On Wednesday, Hyundai Motor Co unveiled its first sport-utility vehicle (SUV) under its Genesis brand in a move aimed at increasing its footprint in overseas markets, said analysts. Genesis, spun off in 2015, is an initiative of Hyundai Motor Group heir-apparent Euisun Chung, is aimed at revamping Hyundai’s image as an automaker which makes cost…
The final design review process is a milestone for Boeing and Lockheed Martin’s alliance. A successful launch will mean the U.S. will not have to rely on Russia’s RD-180 engine for critical national security missions. In the space launch services market, Lockheed Martin Corp and Boeing Co are set to conduct a final design review…
Worries over Tesla’s production are casting their shadow over other electric carmakers who are aiming to produce low-cost mass-market cars. As per sources familiar with the matter at hand, in NIO Inc’s U.S. IPO, the Chinese electric vehicle startup priced its shares at the bottom of its targeted price range due to investor concerns of…
While legacy train designs have proven themselves in the past, smarter, newer LNG terminals are likely to change the market dynamics and bring in more elasticity and adaptability to contracts in changing market conditions in the near future. Terminals for liquefied natural gas that ship and receive the fuel are undergoing a technological revolution. The…
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