Finance
LG Energy Solution and Qualcomm Collaborate on Advanced BMS Diagnostic Solution for Electric Vehicles
March 12, 2024 – LG Energy Solution has announced a collaboration with Qualcomm to develop a cutting-edge Battery Management System (BMS) diagnostic solution for the next generation of electric vehicles, according to recent media reports. Through this partnership, LG Energy Solution intends to integrate its BMS diagnostic software with specific features of Qualcomm’s Snapdragon Digital…
Samsung Commences Construction of 8.6-Gen IT OLED Production Line to Bolster Display Market Leadership
March 10, 2024 – Samsung Display announced today that it has commenced the construction of a new 8.6-generation IT Organic Light-Emitting Diode (OLED) production line, marking a strategic move to solidify its leadership in the global flat-panel display market. As part of the plan, Samsung Display will transform its existing L8 production line at the…
Microsoft Bids Farewell to Mobile Ambitions as Its Mobile Communication Company Gets Cancelled
March 08, 2024 – Recent reports from Tianyancha, a Chinese corporate information platform, reveal that Microsoft Mobile Communication Co., Ltd. has undergone a significant change in its business status, shifting from “active” to “cancelled.” Established in March 1995, the company boasted a rich history spanning 29 years and was led by Benjamin O. Orndorff as…
Mercedes-Benz and BMW Joint Venture Lands in Beijing Chaoyang to Boost EV Charging Infrastructure
March 05, 2024 – Beijing Chaoyang District welcomes the official establishment of Beijing Yi’anqi New Energy Technology Co., Ltd., a joint venture between Mercedes-Benz and BMW with a 50:50 equity ratio. This significant development marks a new chapter in the collaborative efforts of these two automotive giants in the Chinese market. On November 30, 2023,…
Samsung Considers Adopting MUF Technology for Next-Gen DRAM: Report
March 04, 2024 – According to recent reports from TheElec, Samsung is considering the application of Molded Underfill (MUF) technology in its next-generation DRAM. The company has recently tested an MR MUF process for 3D-stacked (3DS) memory, which showed improved throughput compared to Thermal Compression Non-Conductive Film (TC NCF) but experienced some deterioration in physical…
Alibaba Cloud Unveils Historic Price Cuts at 2024 Strategy Conference
February 29, 2024 – Today marks a significant milestone for Alibaba Cloud as they hosted their “2024 Alibaba Cloud Strategy Conference,” announcing unprecedented price reductions across their entire product line on their official website. With an average discount exceeding 20% and a maximum reduction of 55%, this move represents the most significant offer in the…
Apple CEO Highlights AI Capabilities of Products at Annual Shareholder Meeting
February 29, 2024 – At Apple’s annual shareholder meeting, CEO Tim Cook revealed that numerous products released by the tech giant in the past are powered by artificial intelligence (AI). Examples of AI-driven features in Apple products include hand tracking in Vision Pro, heart rate alerts in Apple Watch, and the crash detection feature in…
China brings pace to Volvo Cars
China is far more than just an important market for Volvo’s development, said the Swedish premium carmaker’s president and CEO Jim Rowan. Rowan made the remarks on Wednesday when he came to Shanghai for the groundbreaking ceremony of the fourth phase of Volvo Cars Asia Pacific Headquarters, which will involve a battery center and training…
Intel Intensifies Marketing Push for 18A Process Technology in South Korea
It is reported that Intel CEO Pat Gelsinger met with several senior executives from Korean companies last year to brief them on the latest updates regarding Intel’s foundry business plans. The report states that Intel is aggressively promoting its 18A process node to Korean chip startups and is offering various incentives to encourage adoption. On…
Microsoft Unveils New AI Access Principles at MWC 2024, Emphasizing Support for Developers and Social Responsibility
February 27, 2024 – At MWC 2024, Microsoft unveiled its latest set of principles for artificial intelligence (AI) access, citing the need to address the growing role and responsibility of the company as an innovator and market leader in AI. According to Microsoft, AI, like other general-purpose technologies in the past, is creating new economic…