TuSimple to restructure U.S. business, lay off 30% of staff
TuSimple Holdings Inc. said on Thursday it will cut 30% of its workforce in the United States under a restructuring as the autonomous driving technology company looks to preserve its balance sheet amid a funding crunch in the sector......»»
EIH looks to ESLs, signage boards for 2024 growth
E-paper solution provider E Ink Holdings (EIH) expects to experience explosive demand growth for electronic shelf labels (ESLs) from the North America market in 2024......»»
Webb Protocol raises $7 million to build interoperable privacy in Web3
Webb Protocol raised $7 million in a seed funding round co-led by Polychain and Lemniscap, with participation from Zeeprime, CMS Holdings among others. The funding will go towards growing Webb’s staff base, accelerating the development of innov.....»»
Kia, Nissan, Ford, Stellantis and GM dealerships sell across 5 states
A West Coast auto retailer bought and sold dealerships, a dealer acquired his first Ford store, a group grew to three stores and two brothers expanded their holdings, all in transactions that closed in the second and fourth quarters of 2022 and the f.....»»
EIH eyeing signage board opportunities
E Ink Holdings (EIH), an e-paper solutions supplier, is looking for a more significant presence in the e-paper signage segment by offering large-size models, according to company chairman Johnson Lee......»»
EIH grows e-paper ecosystem to include BOE, MediaTek
E Ink Holdings (EIH), an e-paper solutions supplier, is actively expanding its e-paper application ecosystem to include panel vendor BOE Technology and IC design house MediaTek......»»
SEGA turns Angry Birds’ frown upside down as it’s set to acquire Rovio for $770 million
SEGA parent company SEGA SAMMY HOLDINGS has announced that it has arrived at a deal with Angry Birds developer Rovio to acquire the company for € 700 million ($770 million). The move comes as SEGA aims to “further strengthen its position in this.....»»
E Ink reveals new e-paper solutions for digital signage
E-paper solution provider E Ink Holdings (EIH) has unveiled the E Ink Spectra 6 technology, suitable for indoor advertisement and indoor digital signage and capable of replacing any paper-based poster, and the E Ink Kaleido 3 Outdoor e-paper solution.....»»
LMP Automotive sells 2 West Virginia stores to Friendship Family of Dealerships
LMP Automotive Holdings Inc. has sold two more dealerships and said it is under contract to sell two other franchised dealerships in West Virginia, believed to be its last franchised stores......»»
Microvast announces first polyaramid separator plant in Kentucky
Microvast Holdings will invest $504 million in the creation of a polyaramid separator plant in Hopkinsville, Ky......»»
EIH eyeing robust demand from Chinese educational market
E-paper solution provider E Ink Holdings (EIH) is growing its presence in the China market, where demand for e-paper solutions from the education sector is likely to pick up significantly, according to company chairman Johnson Lee......»»
Changes raise questions about Toyota’s Woven unit as software work streamlined
Woven Planet Holdings, the critical software-first company tasked with programming Toyota's next-generation digital cars, is again going through some reinvention......»»
Toyota"s Woven Planet speeds up development of software-defined vehicles
Woven Planet Holdings, the critical software-first company tasked with programming Toyota's next-generation digital cars, is again going through some reinvention......»»
EIH seeks ways to share profits with partners
E-paper solution provider E Ink Holdings (EIH) plans to share profits with its customers by lowering the prices of its new color e-paper products, optimizing the high profitability garnered in 2022, according to company chairman Johnson Lee......»»
EIH, Merck step up hiring in Taiwan
Merck, a supplier of chipmaking chemicals and materials, and e-paper solution provider E Ink Holdings (EIH) are both on a hiring spree to beef up their workforce in Taiwan, according to industry sources......»»
Honda, VW and multiple Chevy stores sell in Q4 deals
Penske Automotive Group sold a Honda dealership in the fourth quarter, while a dealer and three auto retailers added stores to their holdings in separate fourth-quarter acquisitions......»»
Hackers stole data center logins for Apple, Microsoft, and many more
Around 2,000 companies and China's foreign exchange platform that use two data centers in Asia are seeing a number of their login passwords being offered for sale by hackers.Major data centers run by GDS Holdings in Shanghai and ST Telemedia Global D.....»»
Warren Buffett"s company sells major stake in Taiwanese chip giant TSMC
Shares in Taiwan Semiconductor Manufacturing Company fell as much as 4% on Wednesday, after Warren Buffett's Berkshire Hathaway disclosed that it had sold most of its holdings in the chip giant......»»
Exceptionally low season for IC backend houses in 1Q23
Semiconductor backend service provider ASE Holdings (ASEH) will strive to maintain flat growth for 2023 but there is a possibility of seeing a high single-digit decline, according to ASEH COO Tien Wu......»»
EIH eyeing closer tie with Readmoo
Taiwan-based e-paper solutions provider E Ink Holdings (EIH) and its associated company Netronix are establishing partnerships with China-based Readmoo, enabling the Chinese e-book maker to launch its first colored e-book in traditional Chinese recen.....»»