U.S. drafts new rule allowing companies to work with Huawei to set 5G standards & protocols

According to sources familiar with the matter at hand, the U.S. Department of Commerce is close to introduce a new rule that would allow U.S. companies to work with Huawei Technologies on setting standards for the next generation 5G networks. In 2019, following rhe U.S. Commerce Department blacklisting the company, engineers in some U.S. technology…

Samsung Display working to exempt engineers from Vietnam’s 14-day quarantine program

South Korea’s Samsung Display, a supplier for Samsung Electronics and Apple Inc, has requested Vietnam to exempt 700 South Korean engineers from its mandatory quarantine requirement saying they are needed to prepare for the production of screens for new smartphones. South Korea is Vietnam’s biggest foreign investor. In an effort to contain the outbreak of…

Dutch chipmaker NXP Semiconductors invests in China’s Hawkeye Technology

The undisclosed investment is aimed at increasing its footprint in China’s automotive radar market. On Wednesday, Dutch chipmaker NXP Semiconductors NV stated, it has invested in Chinese self-driving technology company Hawkeye Technology Co Ltd to expand its footprint in the automotive radar market in China. NXP has also signed a collaboration agreement with Hawkeye in…

Boeing undertakes new cost cutting measures, lays off more engineers

The development underscores increased competition in the U.S. aircraft manufacturing market. As per source familiar with the matter at hand, Boeing Co has notified its employees that it has planned for another round of involuntary layoffs which will see hundreds of engineers at its commercial airplanes unit leave their jobs. This latest job cut by…