Schaeffler is acquiring the the drive-by-wire technology since it thinks it will play an key role in the coming self-driving range of vehicles. On Monday, Schaeffler Technologies AG, a German automotive supplier disclosed it was in the process of acquiring Space Drive, a drive-by-wire technology provider, from Paravan GmbH since it would play a key…
ZTE’s strategic move will, at least in the short run, allow it to resume operations and start sourcing components from the U.S. It is to be seen how the Trump Administration navigates ZTE’s stigma of posing as a national security threat to the U.S. in the Congress. On Wednesday, Chinese telecommunications giant ZTE Corp saw…
A very important economic transformation is under way, and it seems voluntarily to be placed at a stratospheric level, with stakeholders carefully keeping the subject away from public opinion. Several types of players are even favorable to such an economy. But the implications are many, and not all are good. A close scrutiny of the…
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