A heady mix of cutting edge engineering and technology prowess is fueling the growth of Europe’s industrial giants

Investors are increasingly looking to reap in the benefits of cutting edge industrialization with hi-tech software prowess such as machine learning and artificial intelligence. No wonder, European Companies, including Siemens and ABB, have become a favorite among investors. Investment funds who are looking to reap rich rewards at the intersection of European efficiency and technology…

Mitsubishi Corp partners with U.S. Digital Realty Trust for opening 10 data centres in Japan by 2022

Data centers are set to be key engines for growth in an increasingly digital world. On Saturday, the Nikkei, a Japanese news daily has reported, Mitsubishi Corp, a Japanese trading house, plans on setting up a joint venture with Digital Realty Trust, a U.S. data center operator, to bold 10 data centers in Japan by…

Samsung Electronic’s Vice Chairman and CEO announces his departure from the company

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…

Elliott Management Corp acquires 5% stake in semiconductor maker Hitachi Kokusai Electric

With the forthcoming launch of electric cars, the demand for video processing chips and IoT enabled chips is likely to surge. On Monday, U.S. hedge fund Elliott Management Corp disclosed that it has acquired a shade of 5% stake in Hitachi Kokusai Electric, a chip manufacturer for equipment and video solution business. Earlier in April,…

Companies focusing on IoT, AI and Robotics in Computex Taipei

There is a strategic shift taking place in electronic components manufactured by tech companies. Computex Taipei, Taiwan’s top tech fair, is seeing a different energy this year. While traditionally the focus had mostly catered to electronic parts for smartphones, this year, chip manufacturers have latched onto burgeoning growth engines such as virtual reality, self-driving car…

Amazon rules the roost for voice-controlled speakers for now

Google Home is fast catching up. As per research firm eMarketer, Amazon’s voice-controlled speakers are dominating the nascent market of voice-controlled speakers. As per the results of its study, Amazon Echo and Echo Dot devices have grabbed 70.6% of the U.S. market in 2017. These speakers feature Amazon’s Alexa, its voice-controlled assistant which allows consumers…

App controlled smart elevators set to be the new norm in the near future

By thinking out of the box, elevator manufacturers have given a more modern twist to elevator technology. Elevator constructors are thinking out of the box and not just vertically. While ThyssenKrupp’s new $43 million elevator test tower soars 246 meters (808 ft) the company’s lifts chief has made major inroads in magnetic levitation technology. Andreas…