Toshiba Memory, the world’s second biggest NAND chip producers, will need to a host of technologies under its belt before it can produce next generation memory chips. On Monday, Bain Capital, which led a consortium of companies in the $18 billion acquisition of Toshiba’s NAND memory business, stated it will support “the business in pursuing…
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…
With Reserve Google is capitalizing on consumer’s preference for convenience: by integrating voice calls, with search engine results and using this data to complete actions on behalf of the user could potentially catapult Google into the next generation services company. In a significant development that marks Google transitioning its search engine capabilities to the next…
The development marks a signs of thaw in what has been earlier a strained relationship. With Dara Khosrowshahi at its helm, Uber’s rough edges are getting more polish. In a development that marks the possibility of thaw in what was earlier a strained relationship, Uber’s CEO Dara Khosrowshahi stated, Uber Technologies Inc is in talks…
The development underscores the fact that the Chinese facial recognition company is gaining strategic bulk. SenseTime Group, a Chinese facial recognition technology company, disclosed that it raised $620 million in its latest funding round which saw its valuation touch $4.5 billion. The funding round was led by Fidelity International, Hopu Capital, Silver Lake and Tiger…
Google is ramping up its efforts to gain more strategic size in China, the world’s biggest smartphone market. On Thursday, in a strategic step aimed at increasing its footprint in China, Alphabet Inc’s Google Inc launched a file management tool in several Chinese app stores. The Chinese market, the biggest smartphone market in the world,…
The development is the first such investment by a U.S. automaker in the Central American country. As per a statement from the Honduran government, Green4U Technologies, a U.S. electric auto maker has signed a memorandum of understanding (MOU) with the Honduran government which stated that it will build an assembly plant in Honduras. This will…
Strong growth in the premium notebooks segment as well as a one-time tax benefit of $975 million can be attributed as the reasons for its surprise performance. On the back of strong demand for desktop and notebooks, HP Inc has reported a better-than-expected quarterly results. HP Inc also named Steve Fieler as its chief financial…
The nenewable energy market in the Asia Pacific region is to boom with utility-scale batteries replacing expensive power grids. In a strategic move, Japan’s JERA, is set to collaborate with a U.S.-German joint venture along with an Australian firm in order to develop battery projects in the Asia-Pacific region. The move targets a market expected…
With the news reaching the market, shares of Japan display have fallen while those of LG Display have surged upwards. As per a report by South Korea’s Electronic Times, Apple Inc has opted to use OLED screens in all of the 3 new iPhone models that it plans on releasing in 2019. With the news…
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