The long-awaited announcement regarding tariff hikes on Chinese imports has finally been made following a comprehensive two-year review of trade relations with China. These new measures are set to impact a wide range of sectors, with a particular focus on electric vehicles....
Published on: May 14, 2024
Gilbarco Veeder-Root, a leading provider of fueling and convenience store equipment, has announced a strategic partnership with SK Signet to develop an innovative EV charging system tailored for fuel retailers. The new Konect service is designed to offer a comprehensive electric vehicle...
Published on: May 14, 2024
Polar Semiconductor, based in Bloomington, Minnesota, is making a significant investment of $525 million to double its capacity at its power fab. This move will result in the company shifting towards majority ownership in the US, a strategic decision aimed at strengthening...
Published on: May 14, 2024
SwissDrones, a leading provider of drone helicopters and data analytics solutions, has successfully raised $10 million in Series B funding. The investment round was led by a consortium of prominent investors, including DiamondStream Partners, Chevron Technology Ventures, and Ingleside Investors, along with...
Published on: May 14, 2024
Rutronik System Solutions has introduced a cutting-edge board designed for low power 60GHz radar-based distance measurements and people detection. The Rutronik RAB3 adapter board serves as a valuable tool for testing the functionality of a fully integrated module and exploring the potential...
Published on: May 14, 2024
Recent findings from a report prepared by Boston Consulting Group (BCG) for the US Semiconductor Industry Association reveal promising developments in the efforts to reduce reliance on Asia-based suppliers for chip manufacturing. The report indicates that these policy initiatives are showing positive...
Published on: May 14, 2024
The European Chips Act has paved the way for AMS-Osram to secure a substantial funding application of €588 million (approximately US$630 million) to bolster chip research and development as well as manufacturing endeavors in Austria throughout the remainder of the decade. This...
Published on: May 14, 2024
NASA’s commitment to innovation in materials science has led to a groundbreaking development in the form of a superalloy designed to withstand the extreme conditions of air and spaceflight. This investment is now poised to yield significant commercial benefits, marking a milestone...
Published on: May 14, 2024
Siemens and Sony Corporation have joined forces to unveil an innovative solution that merges Siemens Xcelerator industry software with Sony's cutting-edge XR head-mounted display (HMD), SRH-S1. This groundbreaking device was crafted using Siemens' NX software, a core tool utilized by Sony in...
Published on: May 14, 2024
SiPearl, a European pioneer in high-performance computing (HPC) and artificial intelligence (AI) solutions, has recently announced a strategic collaboration with Samsung Electronics. After conducting an extensive market survey, SiPearl has chosen Samsung's High Bandwidth Memory (HBM) technology for its exceptional speed, energy-efficiency,...
Published on: May 14, 2024