On Tuesday, Airbus SE unveiled its latest concept “blended wing body” design aircraft that could slash carbon emission by as much as 20%. Since 2019, Airbus has been carrying out flight tests of the 10.5 feet (3.2-metre-wide) technology demonstrator, code-named Maveric, at a secret location in central France. The “blended wing body” design has been…
On Wednesday, Japanese truck maker Isuzu Motors disclosed, it plans on tieing up with Sweden’s Volvo AB, in order to deepen its grip on next-generation technologies including electrification and autonomous driving, Japan’s Yomiuri newspaper reported that Isuzu would be holding a news conference at 0600 GMT in Tokyo on an “alliance” without elaborating.
On Tuesday, Balderton Capital, an European venture capital firm stated, it is launching a $400 million fund to invest in technology start-ups; its total funds under management now totals to $3 billion. In a statement, Balderton said, the total venture capital funding in European start-ups hit a record high of $27.11 billion (24.6 billion euros)…
Qualcomm’s chips will be required to fully utilize the increase in speed promised by 5G networks. In a development that potentially hints at Apple Inc’s impending launch of 5G models in 2020, Qualcomm Inc disclosed, it expects 200 million 5G smartphones to be sold in 2020. Next-generation 5G smartphones, set to debut next year in…
According to the U.S. motorcycle maker testing of LiveWire is going “well”. Following the discovery of a glitch during final quality checks, U.S. motorcycle giant Harley-Davidson Inc stated, it has stopped the production and deliveries of its first electric motorcycle. In a statement the motorcycle maker stated, it has discovered a “non-standard condition” with its…
New rules drafted for Germany allows a level playing field for all telecom equipment vendors. On Monday, in a significant development, Germany has finalized rules to build its 5G mobile networks which does not exclude China’s Huawei Technologies. German government officials have confirmed that Germany’s security catalogue foresaw an evaluation of technical and other criteria…
Of the 13.1 trillion won, Samsung Display aims to spend 10 trillion won on facilities and the balance on research and development. On Thursday, South Korea’s presidential office issued a statement saying, Samsung Display plans on investing $11.0 billion (13.1 trillion won) on facilities and research by 2025. Samsung Display is a unit of Samsung…
The development comes at a time when there is a weak demand in the smartphone market. LG is probably aiming to keep its lead in the OLED TV market. On Tuesday, LG Display stated it would be investing $2.6 billion (3 trillion won) in its organic light-emitting diode (OLED) panels production line in South Korea.…
The Trump administration is exploring rules that will require all 5G cellular equipment destined for the United States to be designed and manufactured outside of China. According to a report from the Wall Street Journal, U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed…
The partnership is aimed at slashing the cost and time of the development cycle and bring vehicles equipped with state of the art technologies to the market as soon as possible. On Wednesday, in a development that marks yet another alliance to bring down the cost of developing electric cars, BMW stated it will partner…
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