Huawei to reach driverless technology milestone by 2025

An executive from Huawei Technologies said, the company aims to develop driverless passenger car technology by 2025. The move sees the erstwhile Chinese telecom giant diversifying its business in the face of U.S. sanctions. “Our team’s goal is to reach true driverless passenger cars in 2025,” said Wang Jun, senior executive at Huawei’s smart vehicle…

Volvo and Singapore’s Nanyang Technological University unveils full-size autonomous e-bus

The autonomous bus will undergo testing in the NTU’s campus for a year before moving on to public roads after taking due regulatory approvals. On Tuesday, Singapore’s Nanyang Technological University (NTU) and Sweden’s Volvo Buses unveiled a full-size autonomous electric bus for testing purposes. For Singapore, this is very strategic, given its high density. The…

Toshiba achieves milestone: completes sale of NAND business to Bain Capital led consortium

The completion of the sale was way ahead of the expected time frame of end-March. Chinese antitrust authorities extensively reviewed the deal before providing its approval. On Friday, Japan’s Toshiba Corp stated, it had completed the $18 billion sale of its NAND memory chip unit to a consortium led by U.S. private equity firm Bain…