LG Energy and CATL Partner to Provide LFP Batteries for Renault’s Electric Cars
July 02, 2024 – LG Energy Solution (LGES) announced on Tuesday that it has signed an agreement to supply lithium iron phosphate (LFP) batteries to Renault’s electric vehicle subsidiary, Ampere. This marks LGES’s first large-scale supply of LFP batteries. Ampere revealed its intention to incorporate LFP technology into its mass production plans, collaborating with suppliers…
Tesla Showcases Its Innovations: Cybertruck and FSD Updates at World AI Conference
July 01, 2024 – According to a report by the “Science and Technology Innovation Board Daily” today, Tesla is set to showcase its latest advancements in artificial intelligence technology at the upcoming World Artificial Intelligence Conference (WAIC) 2024. The company will exhibit its Cybertruck, an innovative all-electric pickup truck, the Optimus humanoid robot, and the…
North America No Longer Leading Global Smartphone Replacement Rates in 2024, According to TechInsights
July 01, 2024 – Since the advent of the iPhone in 2007, North America has led the world in smartphone replacement rates. However, a notable decline has been observed since 2012, with rates finally leveling off in 2019 to match those of other regions. According to recent research conducted by the TechInsights smartphone team, a…
Panasonic Addresses LUMIX S9 Promotional Scandal, Rectifies 77 Product Pages
July 01, 2024 – Panasonic’s LUMIX S9 camera was embroiled in a promotional scandal in May of this year, sparking outrage among netizens due to allegations of false advertising. The controversy escalated when images from competing brand Nikon were discovered on Panasonic’s official website. In a swift response, Panasonic acknowledged the mistake and promptly revised…
EU Eyes AI Deals: Microsoft-OpenAI and Google-Samsung Partnerships Under Scrutiny
July 01, 2024 – The European Union is gearing up for a potential antitrust investigation into the artificial intelligence dealings and collaborations between Microsoft and OpenAI, as well as Google and Samsung, as regulators have identified “exclusive” clauses within their agreements. According to a report by Reuters, Margrethe Vestager, the European Commission’s Executive Vice-President for…
HMD’s Barbie-Themed Flip Phone Set for July 8 Release at 107.9 Euros, Retailer Reveals
July 01, 2024 – In an unexpected turn of events, HMD Global, the Finnish mobile device manufacturer, has sparked renewed interest in the functional phone market with its collaboration with toy giant Mattel. The partnership, first teased at MWC 2024 earlier this year, has now materialized into the announcement of a limited edition “Barbie”-themed flip…
Apple Claims iPhone Retains Value at Least 40% Higher than Android
June 28, 2024 –Apple Reveals Staggering iPhone Resale Value, Outperforming Android by 40%. Apple, in a newly released whitepaper, has underscored the remarkable resale value of its iPhone models, claiming that they outperform Android devices by at least 40% in terms of depreciation. This gap widens significantly as the iPhone models age, further distancing themselves…
Apple Unveils Revolutionary Technology for Simplified iPhone 16 Battery Replacement
June 28, 2024 –Apple Develops New Technology to Facilitate iPhone Battery Replacement in Line with EU Directive. In response to the European Union’s (EU) recent legislation mandating smartphone manufacturers to ensure batteries are easily replaceable by users using standard tools by 2025, Apple is exploring a novel technology to simplify the battery replacement process for…
Tesla Drops to Third-Worst in J.D. Power’s US New Car Quality Rankings
June 28, 2024 – The renowned consulting firm J.D. Power has recently released its 2024 Initial Quality Study (IQS) of new vehicles in the United States, providing insights into the quality landscape of the automotive industry. The report places Ram at the top of the list, boasting a Problem Per 100 (PP100) score of just…
China’s Auto Boom: Affordable Excellence Set to Dominate 2030 Market
June 28, 2024 –A recent report by the US-based consulting firm Alix Partners forecasts that Chinese automakers will command a significant 33% share of the global automotive market by 2030. This prediction marks a substantial increase from the current 21% market share, with the bulk of the growth anticipated to originate from markets beyond China’s…