GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
Renesas to acquire Reality AI in all-cash transaction
Renesas Electronics has announced it has entered into a definitive agreement with Reality Analytics, Inc. (Reality AI), a leading provider of embedded AI solutions, under which Renesas will acquire Reality AI in an all-cash transaction......»»
Apple-owned subsidiary to manage Apple Pay Later credit checks and loans without a bank partner
Apple on Monday announced the new “Apple Pay Later” service, which will let iOS users pay in installments through an option in the Wallet app. Now, according to a Bloomberg report, Apple will handle the lending on its own without a partner bank......»»
Apple inks deal for Formula One film starring Brad Pitt, Joseph Kosinski directing
Apple has inked a deal for an untitled Formula One racing movie starring Brad Pitt — and it could change how streams and theatrical film distributors interact.Apple TV+The deal took about five months to complete, and sees Apple acquire the rights t.....»»
Apple digs into its massive pile of cash to fund new Pay Later service
Apple Pay Later will offer loans via new subsidiary instead of financing through a bank. Enlarge / Pay Later was announced during the WWDC keynote on June 8. (credit: Apple) Apple is making its biggest move into finance by off.....»»
Quanta striving to accelerate production in Shanghai for MacBook production
Quanta Computer, reportedly a supplier for the new MacBook Air, is striving to boost production at its Shanghai manufacturing site to pre-lockdown levels, according to industry sources......»»
Twitter acts to save Elon Musk acquisition deal, report says
With Elon Musk threatening to walk away from his offer to acquire Twitter, the company has reportedly made a move to try to save the deal......»»
AP Memory expects to grow revenues with new PSRAM in 2022
Taiwan-based AP Memory Technology, a Powerchip Technology subsidiary specializing in customized DRAM memory designs and IPs, expects robust PSRAM shipments for a wide range of IoT device applications to drive its revenue growth this year......»»
Waymo is latest with plans to deploy self-driving trucks on Uber Freight network
Self-driving tech company Waymo, a Google subsidiary, said Tuesday it has entered into a partnership with Uber Freight that will someday result in autonomous trucks adding "billions of miles" of goods-carrying capacity to the network......»»
IBM acquires Randori to strengthen its portfolio of AI-powered cybersecurity products and services
IBM at RSA Conference 2022 announced it plans to acquire Randori, an attack surface management (ASM) and offensive cybersecurity provider based in the Boston area. Randori helps clients continuously identify external facing assets, both on-premise or.....»»
FII green-tech applications and products contribute 40.54% of revenues in 2021
Following the release of a carbon neutral white paper in May, Foxconn Industrial Internet (FII), a subsidiary of Hon Hai Precision Industry, released the "2021 FII CSR Report" on June 6. In the CSR report, FII disclosed that it has accumulated nearly.....»»
Factories in Shanghai unlikely to run regularly until after mid-June
The notebook supply chain in Shanghai is unlikely to fully resume regular operation until after mid-June and related companies' second-quarter revenues are expected to be undermined, according to sources from the upstream supply chain......»»
Toyota taps radar to stop child deaths in hot cars
Cabin Awareness, developed by Toyota subsidiary Toyota Connected, uses advanced radar capable of detecting micromovements to ensure that passengers or pets aren't left unattended in a vehicle. The concept is being tested with an autonomous drivi.....»»
Using mirrors, lasers and lenses to bend light into a vortex ring
A team of researchers from the University of Shanghai for Science and Technology and the University of Dayton has developed a way to bend light into a vortex ring using mirrors, lasers and lenses. In their study, published in the journal Nature Photo.....»»
Toyota"s Prototype "Cartridge" Is a Way To Make Hydrogen Portable
Toyota and its subsidiary Woven Planet have unveiled a new portable cartridge prototype for hydrogen. "The idea is that they can be filled up at a dedicated facility, transported where needed, then returned when you receive your next shipment," repor.....»»
From black holes to sands: Application of holographic duality to granular matter
Researchers from the Institute of Theoretical Physics (ITP) of the Chinese Academy of Sciences (CAS) and Shanghai Jiao Tong University (SJTU) have found that granular matter (such as sand) and some black hole models display similar nonlinear effects......»»
Qualcomm could be next to try their hand at acquiring ARM
It seems that following NVIDIA’s failed attempt to acquire ARM, Qualcomm has expressed their own interest. The post Qualcomm could be next to try their hand at acquiring ARM first appeared on Phandroid. Some of you might recall that a whi.....»»
Taiwan makers in China still at lockdown risks, says MOEA
While the government of Shanghai on June 1 lifted its COVID lockdown, Taiwan-based manufacturers in the Chinese city and surrounding areas will still face risks arising from uncertainties, according to evaluation by Taiwan's Ministry of Economic Affa.....»»
IC backend plants in Shanghai to see capacity utilization rebound
Taiwan-based IC backend houses with plant operations in Shanghai are expected to see their plant capacity utilization rates rebound to 90% between June and July as COVID lockdown restrictions are lifted, according to industry sources. In comparison,.....»»
Nexperia acquisition of Newport Wafer Fab called into question
Nexperia, a subsidiary of China-based Wingtech Technology, may fail to complete its acquisition of Newport Wafer Fab (NWF), the UK's largest wafer fab, as the deal is being investigated by the UK government for national security concerns, according t.....»»
ReliaQuest to acquire Digital Shadows for $160 million
ReliaQuest announced that it has entered into an agreement to acquire Digital Shadows, a company that delivers threat intelligence for security teams, for $160 million. The acquisition combines ReliaQuest’s ability to extend detection and response.....»»