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Industrial Innovations

 

Huawei's smart car tech offers automakers route to China sales
26 Apr 2024

Huawei's smart car tech offers automakers route to China sales

It’s taken Huawei just four years to become a force in smart car technology. It navigated the devastation of trade sanctions on its smartphone business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show.
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

25 Apr 2024
Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) battery with a driving range of more than 1,000 kilometres (621 miles) on a single charge.
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears

Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears

24 Apr 2024
Tesla shares surged about 10% on Wednesday after the electric-car maker eased some worries about slowing growth with a prediction that sales would rise this year and plans to roll out more affordable models in early 2025.
Preventing hallucinations in generative AI

Preventing hallucinations in generative AI

18 Apr 2024
We can’t treat generative AI tools as oracles with perfect answers: they are powerful tools but they need informed user interaction
Computer vision: eyes on innovation and productivity

Computer vision: eyes on innovation and productivity

18 Apr 2024
Computer vision provides an opportunity to automate complex processes, enhance decision-making, and foster innovative services and products
Apple plans to invest more than $250 million to expand Singapore campus
18 Apr 2024

Apple plans to invest more than $250 million to expand Singapore campus

Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17. 
Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss

Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss

18 Apr 2024
Finnish telecom gear maker Nokia reported a smaller-than-expected rise in quarterly profit on Thursday as sluggish demand for 5G gear in key markets North America and India continued to weigh on sales.
TSMC first-quarter profit expected to rise 5% on strong AI chip demand

TSMC first-quarter profit expected to rise 5% on strong AI chip demand

16 Apr 2024
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand.
Roblox taps ad-tech firm PubMatic to boost sales of video ads

Roblox taps ad-tech firm PubMatic to boost sales of video ads

11 Apr 2024
Roblox has hired PubMatic to help ramp up sales of new video advertisements the gaming platform expects to launch later this year, the advertising tech firm said on Wednesday.
Japan's Shin-Etsu Chemical to invest $545 million in chip materials plant

Japan's Shin-Etsu Chemical to invest $545 million in chip materials plant

09 Apr 2024
Japan semiconductor materials maker Shin-Etsu Chemical said on Tuesday it will invest around 83 billion yen ($545 million) in a factory in Gunma prefecture in the latest effort to strengthen the country’s chip supply chain. 
China's Didi, GAC Aion to mass produce robotaxis next year
08 Apr 2024

China's Didi, GAC Aion to mass produce robotaxis next year

Chinese ride-hailing giant Didi Global said its self-driving unit’s joint venture with EV maker GAC Aion has received a license to mass produce electric robotaxis in the country, and that it plans to sell the cars from next year.
South Korea's Hanwha Aerospace to spin off industrial solutions businesses from defence

South Korea's Hanwha Aerospace to spin off industrial solutions businesses from defence

05 Apr 2024
South Korea’s Hanwha Aerospace said on Friday it will spin off its semiconductor equipment and video surveillance businesses, carving out units that contributed about 16% to revenue in favour of focusing on its flagship defence division.
Xiaomi's EV buyers face month-long waits for deliveries in sign of robust demand

Xiaomi's EV buyers face month-long waits for deliveries in sign of robust demand

02 Apr 2024
China’s Xiaomi is advising potential buyers of its SU7 electric sedan that they could face waits of four to seven months, in a sign of strong demand for its first-ever vehicle.
Renault to invest $320 million, hire 550 workers to make electric vans in Northern France

Renault to invest $320 million, hire 550 workers to make electric vans in Northern France

01 Apr 2024
French car maker Renault plans to invest 300 million euros ($323.25 million) in its assembly plant located in Sandouville in northern France to make new-generation electric vans from 2026.
Apple supplier Foxconn sees strong 2024 as Q4 beats forecasts

Apple supplier Foxconn sees strong 2024 as Q4 beats forecasts

14 Mar 2024
Apple supplier Foxconn said on Thursday it expects revenue to increase significantly in 2024 following a slow start to the year amid booming demand for AI servers, after it posted fourth-quarter profit that beat market estimates.

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