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......»»
Stellantis invests $24.7 million to retool Michigan engine plant
Stellantis said its Trenton engine plant will be retooled to a be flexible engine line able to produce the two variations of the 3.6-liter Pentastar V-6 engine......»»
Epistar to set up microLED chip production capacity
LED epitaxial wafer and chip maker Epistar is in preparation for setting up microLED chip production capacity, according to its parent company Ennostar......»»
Silicon Valley car dealer embraces a tech giant culture
Del Grande dealer group thrives in Silicon Valley by embracing the area's tech culture. The family enterprise invests in training, compensation and the perks expected in the California enclave......»»
BYD invests in SiC epitaxial wafer maker Tianyu Semiconductor
After seeing its market valuation top CNY1 trillion (US$148.9 billion) in early June, BYD has joined Huawei on the list of investors of SiC epitaxial wafer manufacturer Tianyu Semiconductor......»»
Epistar files patent lawsuit against Amazon in US
Taiwan-based Epistar, a subsidiary of Ennostar, has filed a patent lawsuit in the Federal District Court for the Western District of Texas, alleging certain Amazon Fire TV models contain LED chips that infringe 12 Epistar patents......»»
Tyntek cuts sales outlook for 2022
LED chip and Si-based sensor chip maker Tyntek has said it is likely to head for a flat sales performance in 2022, as it reversed downward its previous forecast of an annual 15% growth......»»
Spotify invests in AI voice technology with Sonantic acquisition
Spotify has been constantly bringing new features to its platform, as a way to stand out against competitors like Apple Music. Today, the company announced its acquisition of Sonantic, an AI Voice Platform that creates realistic voices from text. A.....»»
Ennostar to begin to ship COB mini LED backlight units in 2H22
Ennostar will begin to ship COB (chip on board) miniLED backlight units (BLU) to South Korea- and Japan-based TV vendors in the second half of 2022, with the BLUs mainly used in 65- to 85-inch high-end LCD TVs, according to company chairman Lee Biing.....»»
Ennostar May sales take over 10% hit from lockdowns
LED maker Ennostar has reported revenue declined 13.4% sequentially and 19.4% on year to NT$2.56 billion (US$86.6 million) in May 2022 due to shipment disruptions caused by COVID lockdowns in China......»»
Ennostar cautious about sales outlook for 2Q22
LED maker Ennostar will likely see its revenue disappoint in the second quarter of 2022 due mainly to shipment disruptions amid COVID lockdowns in China, according to company chairman Lee Biing-jye......»»
Ericsson steps up R&D efforts with 250 new staff in Ireland
Ericsson invests in workforce as 5G race continues......»»
Daniel Ek Invests $50 Million Into Spotify: "I Believe Our Best Days Are Ahead"
Spotify co-founder Daniel Ek said on Friday that he's pouring $50 million into the music streaming service, driving its stock price up by more than 3% to a high of $108.98 per share during regular trading hours. From a report: The momentary rise, how.....»»
Ennnostar subsidiaries to showcase LED products at Touch Taiwan 2022
Ennostar's subsidiaries, Epistar, Lextar Electronics, Unikorn Semiconductor, Yenrich Technology and ProLight, will showcase LED products at the Touch Taiwan 2022 during April 27-29......»»
US Invests $6 Billion to Save "Financially Distressed" Nuclear Reactors
The U.S. government "is launching a $6 billion effort to rescue nuclear power plants at risk of closing," reports the Associated Press, "citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change.".....»»
FII invests US$30 million in German startup Agile Robots
Foxconn Industrial Internet (FII) announced on April 18 it has invested US$30 million in Agile Robots AG, a Munich- and Beijing-based automation startup. This is its second strategic investment in Agile Robots. This follow-up investment after the US$.....»»
Earth Venture beckons to early-stage tech startups and universities for climate change solutions
Earth Venture Capital, which invests in early-stage climate-tech startups and has just closed its debut fund recently, extended invitations to Taiwanese startups and universities with innovative and scalable digital solutions to help tackle the clima.....»»
VinFast invests US$2 billion in North Carolina EV factory
VinFast, the carmaker under Vietnamese Group VinGroup, plans to invest up to US$2 billion to start production of EV and EV batteries in North Carolina, US, according to multiple media sources. In addition, the company is also building an EV battery m.....»»
AUO, Innolux to invest in Ennostar for microLED
LCD panel makers AU Optronics (AUO) and Innolux will invest in Ennostar eyeing the microLED chip production capacity its subsidiary Epistar will set up, according to Ennostar......»»
Oil-refining giant Koch Industries invests nearly $1B in battery companies
Batteries are closer to Koch’s other businesses than you might think. Enlarge / Koch Industries Inc. headquarters in Wichita, Kansas. (credit: Larry W. Smith/Bloomberg) Koch Industries—the conglomerate owned by Charles Koc.....»»
Ola Electric invests in fast-charging tech startup StoreDot
Ola Electric has announced a strategic investment in Israel-based battery technology startup StoreDot, giving Ola Electric the exclusive right to adopt StoreDot's XFC technology in India, which can fully charge electric vehicles (EV) from 0% to 100%.....»»