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......»»
Apple invests another $200M in carbon removal tech, wants to use iPhone’s LiDAR scanner to analyze results
Last week, Apple provided an in-depth update on its progress towards going completely carbon neutral in its supply chain by 2030. Now, the company has announced a new partnership with Climate Asset management to expand its “innovative Restore Fund.....»»
Taiwan LED packaging houses see automotive products drive growth
Taiwan-based LED chipmakers and LED packaging houses, including Ennostar, Everlight, Brightek and Edison Opto, are expected to generate more revenue from automotive applications in 2023, according to industry sources......»»
Baidu invests in RISC-V chip company StarFive
Shanghai-based RISC-V chip technology startup StarFive announced on March 23 that it has received strategic investment from China's search giant Baidu, Reuters reported. In total, the startup has raised over CNY1 billion (US$146 million)......»»
BYD invests in China AI chip startup
China automaker BYD has newly invested in Chinese AI chip startup Kunlunxin Technology, aiming to enhance its deployment in automotive AI chips solutions......»»
AUO chairman Paul Peng likely to chair Ennostar concurrently
Paul Peng, chairman of AU Optronics (AUO), is likely to be elected as the new chairman of Ennostar when the LED chipmaker holds its board meeting at the end of May this year, according to industry sources......»»
LED sensor providers Tyntek, TASC conservative about 1H23
LED chip and sensor suppliers Tyntek and Taiwan-Asia Semiconductor (TASC) are conservative about their prospects for the first half of 2023 due to sluggish demand from the consumer electronics sector, according to industry sources......»»
Aura partners with Robert Downey Jr. to increase awareness about the significance of online safety
Aura announced a multi-year partnership with Robert Downey Jr. Through the partnership, Downey Jr. joins Aura’s Board of Directors, invests in the company and commits to working with Aura as a strategist and brand advocate, supporting consumer.....»»
LED makers Ennostar, Everlight expect sales to pick up in 2Q23
LED chipmaker Ennostar expects sales to start picking up in the second quarter of 2023, from the likely lowest level of the year in the first quarter when sales are tamed by off-peak seasonality......»»
Jeep plant goes offline as Stellantis invests in EV production
Stellantis’ shift toward an electrified future is making one big assembly plant go dark while a sizable investment is creating create job security at three plants in a neighboring state. .....»»
Tesla invests billions in U.S. gigafactory to boost Semi production
Tesla has announced a major plan to expand its gigafactory in Nevada, with billions of dollars going on two new production facilities......»»
Tesla invests $3.6 billion in new Nevada battery, truck operations
The new battery operation will make Tesla’s latest so-called 4680 cells with capacity for use in as many as 2 million vehicles a year, Tesla said in a statement......»»
Microsoft invests billions in ChatGPT maker OpenAI
Microsoft said it will lead to advancements in AI supercomputing and research, and enable both firms to commercialize the resulting AI technologies......»»
Ennostar expects production utilization to improve gradually
LED epitaxial wafer and chip maker Epistar expect its capacity utilization to improve gradually, starting the first quarter of 2023......»»
Tyntek continues inventory digestion
LED chip and Si-based sensor maker Tyntek continues adjusting its inventory levels by offloading more of its legacy and substandard chips, according to company sources......»»
SEMI: global semiconductor industry invests $500 billion to build 84 new fabs by 2024
Semiconductor Equipment Manufacturers International (SEMI) released its latest World Fab Forecast report, projecting the worldwide semiconductor industry will invest more than $500 billion in 84 volume chipmaking facilities by 2024......»»
Xiaomi invests in HuiXi autonomous driving chip company
Multiple Chinese media reported on Dec 6 that the China-based AI startup Hefei HuiXi Intelligence has received investment from HanXing Venture Capital – a wholly-owned subsidiary by Xiaomi......»»
Taiwanese chip giant invests $40bn in US plant
Taiwanese chipmaker TSMC triples its investment amid a chip shortage and the US and China tech war......»»
iPhone chip-maker TSMC invests $40bn in Arizona plants
The Taiwan chipmaker triples its US investment amid a chip shortage and the US and China tech war......»»
College invests in next-gen technicians
A new California community college automotive technology building hopes to appeal to younger students who want to work with computers, not wrenches, when repairing electric and autonomous vehicles......»»
BOE invests in Honor
China-based display panel maker BOE Technology recently made an investment in Chinese smartphone vendor Honor, a partnership that industry observers say will allow the former to increase handset-use OLED panel shipments and the latter to secure panel.....»»