Seagate Completes Acquisition of Upstream Supplier Intevac, Strengthening HDD Position

April 3, 2025 – Seagate, a leading manufacturer of hard disk drives (HDDs), has announced the completion of its acquisition of Intevac, a supplier of upstream equipment, on March 31st, local time. The deal, valued at approximately 109million,wasfinalizedatapriceof4 per share as offered by Seagate. Intevac specializes in the manufacturing, sales, maintenance, and upgrading of thin-film…

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Amazon Introduces ‘Refund Only’ Option for US Sellers

September 13, 2024 – Amazon is broadening the options for third-party sellers to manage product returns. The company is now offering more choices to sellers who use its hosted Fulfillment by Amazon (FBA) service, including the option to not require customers to return selected items. Following the expansion of its services, Amazon’s US-based sellers can…

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Tesla’s Founders’ Edition Cybertruck Sells for Sky-High Price at Auction

April 08, 2024 – Today, news broke that a Tesla founder’s edition of the Cybertruck, nicknamed the “Beast,” was auctioned off overseas. The current bid for this unique vehicle has reached 242,000,equivalenttoapproximatelyRMB1,553,700.Remarkably,theofficiallistpricefortheCybertruckisonly100,000, meaning the current bidding price has surpassed the official price by $140,000, or approximately RMB 896,000. In the past, the founder’s edition of…

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Enhancing Automotive Electronics: Samsung Motors’ Breakthrough with MLCC Capacitors

May 17, 2023 – In a significant breakthrough, Samsung Motors has unveiled their latest innovation in the field of electric vehicle technology – the world’s largest capacity multi-layer ceramic capacitor (MLCC) designed specifically for electric cars. This development marks a pivotal step for Samsung Motors as they strive to expand their high-end electronic product portfolio…

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