Ennostar invests in Tyntek
Ennostar has invested less than NT$3.0 billion (US$106 million) to take an about 10% stake in LED chip and Si-based sensor maker Tyntek, according to industry sources......»»
Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
Tyntek starts trial production at 6-inch epitaxial wafer factory
LED chip and Si-based sensor chip maker Tyntek has begun small-volume trial production at its 6-inch epitaxial wafer factory and will gradually expand monthly production capacity there from 10,000 wafers at present to 30,000 units, according to compa.....»»
Ennostar invests in Tyntek
Ennostar has invested less than NT$3.0 billion (US$106 million) to take an about 10% stake in LED chip and Si-based sensor maker Tyntek, according to industry sources......»»
SoftBank Vision Fund 2 invests $160M in media localization provider Iyuno-SDI Group
Iyuno-SDI Group, a provider of translated subtitles and other media localization services, announced today it has raised $160 million in funding from SoftBank Vision 2. The company said this makes the fund one of its largest shareholders. Iyuno-SDI G.....»»
Foxconn founder invests in biotech firm
Foxconn Electronics (Hon Hai) founder Terry Gou will invest in EirGenix, a Taiwan-based contract development and manufacturing operator (CDMO) for biotechnological pharmaceuticals, to become its biggest shareholder......»»
Daily Crunch: KKR invests $500M into Box
Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021. The big story: KKR invests $500M into Box Private equity fi.....»»
Shell invests in LanzaJet to speed up deliveries of its synthetic aviation fuel
The energy giant Shell has joined a slew of strategic investors including All Nippon Airways, Suncor Energy, Mitsui, and British Airways in funding LanzaJet, the company commercializing a process to convert alcohol into jet fuel. A spin-off from La.....»»
Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet
Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongsid.....»»
Virginia Broadband Program Invests $20.1M in 11 Projects
Virginia Broadband Program Invests $20.1M in 11 Projects Virginia is investing $20.1 million to support 11 projects that will connect 13,400 households, businesses and anchor institutions to high speed Internet, according to the governor’s off.....»»
Ennostar sees miniLED backlighting driving revenue growth, says chairman
The miniLED backlighting business is expected to increase Ennostar's monthly consolidated revenues by 20-25%, according to company chairman and CEO Biing-jye Lee at a March 18 investor conference......»»
PUBG Mobile-developer invests $22.4 million in India’s Nodwin Gaming
Krafton, the developer of popular gaming title PUBG Mobile, has invested $22.4 million in Indian esports firm Nodwin Gaming, the two firms said Tuesday as the South Korean firm looks to maintain some presence in what was once its key overseas market......»»
Toyota VC fund invests in AI startups, supply-chain management
The Silicon Valley-based Toyota AI Ventures fund, with $200 million under management, has so far invested in 36 early-stage startups......»»
Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group
Payfazz and Xfers, two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. As part of the deal, Payfazz, an agent-based financial se.....»»
Ennostar has order visibility till 3Q21
Ennostar has obtained orders with shipments scheduled until third-quarter 2021 and its utilization rates have reached 80-90%, according to industry sources......»»
Foxconn invests in AutoCore.ai
Foxconn Electronics and others have jointly invested about CNY100 million (US$15.5 million) in AutoCore.ai, which is devoted to autonomous driving development, in pre-Series A funding round, according to Foxconn......»»
Sequoia Capital India’s Surge invests $2M in sales engagement platform Outplay
Sales engagement platforms (SEP) help sales teams automate and track the large number of tasks they need to do each day as they contact leads and home in on potential deals. Focused on small-to-medium-sized companies, SEP startup Outplay announced to.....»»
China Will Dominate AI Unless US Invests More, Commission Warns
The U.S., which once had a dominant head start in artificial intelligence, now has just a few years' lead on China and risks being overtaken unless government steps in, according to a new report to Congress and the White House. From a report: Former.....»»
Rokk3r acquires AdMobilize and Matrix Labs for $19.5M
Miami-based AdMobilize and its spin-off, Matrix Labs, announced this morning that they are being acquired for $19.5 million. The buyer is Rokk3r, a Miami-based holding company that invests in creating, acquiring and integrating companies. AdMobilize.....»»
Continental invests in object recognition startup
The German supplier has bought a minority stake in Recogni, which is working on object recognition in real time based on artificial intelligence......»»
Ennostar to start production of miniLED BLUs soon reportedly for Apple
Ennostar will kick off production of miniLED backlight units (BLU) at the end of first-quarter 2021 or in the second quarter, according to industry sources......»»