Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
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......»»
Teco Electric & Machinery acquires PV EPC company
Teco Electric & Machinery has signed with Shine Energy, a Taiwan-based PV EPC (engineering, procurement, construction) undertaker, for Teco's subsidiary Anneng Green Energy to acquire a 100% stake in the latter's subsidiary Taipeng Energy, according.....»»
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.....»»
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......»»
Teco to start production in India in 1Q23
Teco Electric & Machinery will complete construction of a factory in India by the end of 2022 and begin production of motors there in first-quarter 2023, according to company president Thomas Fann......»»
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......»»
Teco to cooperate with ABB to tap offshore wind power substation market in Taiwan
Teco Electric & Machinery has signed a letter of intent with ABB for cooperation to tap the Taiwan market of offshore wind power substations, according to Teco......»»
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.....»»