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......»»
Porsche invests in quantum computing as auto industry sees diverse application potentials
Canada-based startup Xanadu has raised US$100 million in Series C to build a fault-tolerant photonic quantum computer capable of reaching a million qubits, backed by Canada's largest equity firm Georgian and other venture capitals. With a total valua.....»»
BorgWarner invests in silicon carbide provider Wolfspeed, gets access to $650 million in devices annually
BorgWarner enters into a partnership with Wolfspeed that will allow it to purchase up to $650 million of silicon carbide devices, in exchange for a $500 million investment into the N.C.-based company......»»
Cisco Investments invests in Elevate Security to advance enterprise user risk management
Elevate Security announced that Cisco Investments has made a strategic investment in the company. This investment will help propel product development and accelerate the company’s roadmap. Elevate is rapidly expanding its cyber risk identification.....»»
BOE invests in LED chipmaker
BOE Technology has invested a total of CNY2.1 billion (US$65.7 million) in HC SemiTek, becoming the largest shareholder of the Chinese LED chipmaker......»»
As Apple invests in sports, Netflix has tried to score streaming rights and a whole surf league
The Wall Street Journal has an interesting exclusive on how Netflix has been trying to score some points in the wide world of streaming sports, not unlike Apple. So far, we’ve seen Apple stream a full Major League Baseball season of Friday night g.....»»
Taiwan invests EUR10 million in Lithuania and provides semiconductor scholarships to Central and Eastern Europe students
Taiwan is fulfilling its promise to invest in Lithuania and other Central and Eastern European countries to further enhance collaborations in the semiconductor, electric vehicle (EV), and laser industries by providing investments and scholarships......»»
Firm invests $70M into dealership group led by Jonathan Sobel
Franchise Equity Partners is officially in the auto dealership business following a $70 million investment into Jonathan Sobel-led Georgica Auto Holdings......»»
BMW invests US$1.7 billion to expand US EV production, partnering with Envision AESC
German automaker BMW announced on Wednesday (October 19) to invest US$1.7 billion its auto plant in Spartanburg, USA. Located in the state of South Carolina, the plant is expected to produce at least six all-electric models by 2030, according to BMW.....»»
EA Sports invests $11M in women’s soccer fund, UEFA internships
EA Sports has partnered with the UEFA Women's Champions League (UWCL) to invest in the future of women's soccer both in-game and on the pitch EA Sports has partnered with the UEFA Women's Champions League (UWCL) to invest in the future of women's.....»»
IBM Ventures invests in Cyolo to modernize authentication for digital businesses
Together IBM Ventures and Cyolo plan to collaborate and help modernize authentication for digital businesses. In today’s digital environment, organizations need to evolve their access and connectivity security to protect today’s distributed work.....»»
Ennostar to see miniLED backlight device shipments boom in 2023
Ennostar expects to see its shipments of miniLED-backlight devices for automotive applications rise substantially in 2023, thanks to its entry into the supply chains of US- and Europe-based car vendors......»»
Ennostar 3Q22 revenues may slip 10% sequentially
Ennostar is likely to see its third-quarter 2022 consolidated revenues decrease about 10% on quarter mainly because demand for AlGaInP LED and miniLED chips has been short of original expectation and is expected to remain weak in the third quarter, a.....»»
LED chipmaker Tyntek expects inventory correction at customers throughout 2H22
LED chip and Si-based sensor maker Tyntek is bracing for slow sales in the rest of 2022 as most clients are likely to continue adjusting their inventories throughout the second half of this year, according to company sources......»»
Korea’s SK invests $100 million in EV charging supplier Atom Power
Atom Power has developed a digital circuit breaker that provides more control, flexibility and reliability to EV charging, especially for commercial fleet operators......»»
US invests $280bn in high tech to compete with China
US President Joe Biden said the new funding for tech would keep the US competitive......»»
Ennostar to boost investment in Epistar for 150mm micro LED wafer capacity expansion
Ennostar will invest an additional NT$3.627 billion (US$122 million) in Epistar, its wholly owned subsidiary, in a few stages, with Epistar to use all of the additional paid-in capital to set up production capacity for 150mm micro LED epitaxial wafer.....»»
India"s Polymatech, formerly Japanese, invests to make 2 billion chips by 2023
Polymatech Electronics, a Tamil Nadu, India-based semiconductor manufacturer, has announced plans to set up facilities that can manufacture up to two billion chips per annum by early next year. The company will invest US$1 billion towards this, along.....»»
India"s Polymatech, formerly Japanese, invests to make 2 bn chips by 2023
Polymatech Electronics, a Tamil Nadu, India-based semiconductor manufacturer, has announced plans to set up facilities that can manufacture up to two billion chips per annum by early next year. The company will invest US$1 billion towards this, along.....»»
EU invests EUR1.8 billion in clean tech projects
EU is investing over EUR 1.8 billion (US$1.8 billion) in 17 large-scale innovative clean-tech projects with the third round of awards under the Innovation Fund......»»
VinFast invests in next-generation battery maker ProLogium
Following its US$2 billion project to manufacture EV and EV batteries in the US state of North Carolina, Vietnam-based VinFast has committed an investment amounting to tens of millions of US dollars in Taiwan-based solid-state EV battery maker ProLog.....»»