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Amazon's in-car software deal with Stellantis fizzles
29 May 2025

Amazon's in-car software deal with Stellantis fizzles

Amazon’s deal with Stellantis to create in-car software that the companies hoped would transform the driving experience while bolstering their vehicle-tech credentials is "winding down," the companies confirmed after a Reuters inquiry. 
TSMC to open chip design centre in Munich, could later support AI development

TSMC to open chip design centre in Munich, could later support AI development

28 May 2025
Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, said on Tuesday it will open a design centre in Munich, Germany, which could at a later date help develop chips via leading manufacturing processes for applications such as artificial intelligence.
China's Xiaomi founder expects new electric SUV to hit market in July

China's Xiaomi founder expects new electric SUV to hit market in July

22 May 2025
Xiaomi’s new electric SUV, the YU7, is expected to enter the market in July, founder and CEO Lei Jun said in a Weibo post on Thursday.
Exclusive-Intel explores sale of networking and edge unit, sources say

Exclusive-Intel explores sale of networking and edge unit, sources say

20 May 2025
Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said.
Half of China's heavy truck sales could be EVs by 2028, CATL says

Half of China's heavy truck sales could be EVs by 2028, CATL says

19 May 2025
Half of China’s sales of heavy trucks could be electric vehicles by 2028, up from 10% in 2024, the chairman of battery maker CATL said on Sunday, according to a media report.
DigitalTransformationTalk: Transforming 3D printing from prototyping to production 
13 May 2025

DigitalTransformationTalk: Transforming 3D printing from prototyping to production 

3D printing is moving from prototype to production—what’s driving the shift, and how close are we to mass customisation?
MTN South Africa aims to boost 4G adoption with budget smartphones

MTN South Africa aims to boost 4G adoption with budget smartphones

06 May 2025
MTN South Africa said it will offer 1.2 million of its prepaid customers 4G smartphones for as little as 99 rand ($5.42) to support digital adoption for low-income households, as the country gears up to switch off 2G and 3G technologies.
Samsung says trade turmoil raises chip business volatilities, may hit phone demand

Samsung says trade turmoil raises chip business volatilities, may hit phone demand

30 Apr 2025
South Korean technology giant Samsung Electronics warned on Wednesday U.S. tariffs could cut demand for products such as smartphones, making it difficult to predict future performance. 
Micron rejigs business units to highlight AI data center demand

Micron rejigs business units to highlight AI data center demand

18 Apr 2025
Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.
ABB to spin off world's second biggest robotics business

ABB to spin off world's second biggest robotics business

17 Apr 2025
Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan’s Hitachi in 2018. 
Fast-charging battery firm Nyobolt raises $30 million for expansion
16 Apr 2025

Fast-charging battery firm Nyobolt raises $30 million for expansion

UK fast-charging battery technology company Nyobolt has raised $30 million to expand its business in autonomous warehouse robots and heavy duty vehicles and move into new markets including mainstream electric vehicles, it said on Wednesday.
Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

15 Apr 2025
Dutch digital mapping specialist TomTom reported on Tuesday a marginal rise in its first-quarter revenue, beating expectations, supported by a stronger-than-anticipated performance in its automotive location technology business.
Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

09 Apr 2025
Foxconn wants to cooperate with Nissan but is currently not engaging with the Japanese automaker, an executive in charge of the Taiwan company’s electric vehicle business told the Nikkei newspaper in an interview published on Wednesday.
Exxon investing $100 million in facility to produce cleaning alcohol for chip industry

Exxon investing $100 million in facility to produce cleaning alcohol for chip industry

27 Mar 2025
Exxon Mobil said on Wednesday it will spend $100 million to upgrade its Baton Rouge, Louisiana, chemical plant to produce a highly pure form of isopropyl alcohol that is used in the tech industry to clean and process microchips. 
South Korea's SK On wins EV battery deal with Nissan

South Korea's SK On wins EV battery deal with Nissan

19 Mar 2025
South Korean battery maker SK On said on Wednesday that it had won a deal to supply batteries for electric vehicles for Nissan Motor in the United States.  

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