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......»»
Amazon invests up to $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing up to $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Amazon invests $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Nissan shows dealers a new retail model, says more EVs coming
Nissan CEO Makoto Uchida committed to a diversified powertrain strategy in which the company invests in both internal combustion vehicles and electric vehicles......»»
Stellantis invests $100M in Calif. "green" lithium project
The investment in the world's largest geothermal lithium sourcing effort will help make Stellantis EVs eligible for federal consumer incentives......»»
GM invests in battery materials startup in quest for lower-cost EVs
GM is the primary automaker customer of Mitra Chem, which aims to reduce battery costs through the use of iron-based cathodes......»»
BMW invests more in EVs to meet growing demand
The level of buyer interest in EVs means BMW is "investing more than originally planned in the global ramp-up of e-mobility," CFO Walter Mertl said......»»
Micron invests another $600 million in China despite partial sales ban
Micron said Friday it was committed to China and would invest 4.3 billion yuan ($603 million) over the next few years in its chip packaging facility in the city of Xian......»»
Stellantis Ventures invests in tech, sustainability startups
Stellantis Ventures announced Thursday the 10 startups it plans to invest in. They include AI dash cam developer Nauto and off-road trail guide company Trails Offroad as well as other sustainability and technology focused startups. The fund is also i.....»»
LED firms see revenue improve in May
Most Taiwan-based LED chipmakers and packaging houses, including Ennostar and Everlight, posted sequential revenue gains in May as demand from downstream customers began to warm up, according to industry sources......»»
LED maker Tyntek expects loss to narrow in 2Q23
Tyntek, a manufacturer of LED chips and Si-based sensors, is expected to see the losses of its core business narrow in the second quarter, even though it has adjusted lower the prices for some items to maintain market share amid sluggish demand, acco.....»»
LED chipmaker Ennostar remains cautious despite new orders for automotive applications
LED chip maker Ennostar remains cautious about its business prospects for 2023, despite increases in revenue from its automotive product line......»»
Hyundai invests in 42dot to establish global software center
Hyundai Motor took another step forward to transform its vehicles. The automaker injected KRW346.2 billion (US$265.1 million) into the majority-owned self-driving startup, 42dot, last week to set up a global software center for software-defined vehic.....»»
Ennostar to start microLED volume production by end of 2023
Ennostar is gearing up for a ramp-up in microLED chip output, looking to expand its target markets to include automobiles, according to the company......»»
Stellantis invests in lithium-sulfur EV battery startup Lyten
Stellantis is backing Lyten, a Silicon Valley startup that employs 3-D graphene, a "supermaterial," to create smaller, more dense lithium-sulfur EV batteries......»»
Accenture invests in SpiderOak to elevate satellite communications security in space
Accenture has made a strategic investment, through Accenture Ventures, in SpiderOak. SpiderOak’s OrbitSecure product suite brings zero trust security to zero gravity environments. OrbitSecure leverages a combination of no-knowledge encryption and d.....»»
Toyota ‘investing like crazy" in new EV batteries but no big sea change expected
Toyota's top scientist expects lithium ion battery chemistry to be the mainstay for another 10 to 20 years, even as the automaker invests ‘like crazy' in breakthrough technologies......»»
Retiring Ennostar chairman sees bright future for microLED
Ennostar chairman Biing-Jye Lee has announced that he is retiring after the company reelects is board of directors. He explained to DIGITIMES in an exclusive interview why he is leaving at this time and how his company is seizing the opportunities of.....»»
Nio invests China-based SiC startup Qingchun Semiconductor
As battery electric vehicles (BEV) are moving from 400V to 800V architecture, China-based new energy vehicle (NEV) brand Nio invested in China-based SiC startup Qingchun Semiconductor, looking to capitalize on the rising demand for SiC in application.....»»
LED chipmaker Ennostar sees demand to pick up in 2Q23
LED chipmaker Ennostar has said it believes the LED industry will see a slight demand increase in the second quarter after hitting bottom in the previous quarter......»»
Elon Musk warns AI could cause "civilization destruction" even as he invests in it
Elon Musk warned in a new interview that artificial intelligence could lead to "civilization destruction," even as he remains deeply involved in the growth of AI through his many companies, including a rumored new venture......»»