Wiwynn commits investments in LiquidStack
Server ODM Wiwynn has committed a US$10 million investment in LiquidStack through the liquid cooling solution provider's Series A fund-raising program, securing one seat on its board, according to a company announcement......»»
IDC forecast for worldwide IT spending in 2023 continues to slowly trend downward
For the fifth consecutive month, IDC has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. In its new monthly forecast for worldwide IT spending growth, IDC projects over.....»»
DoJ cracks down on cryptocurrency fraud, seizes $112 million in linked funds
The Department of Justice (DoJ) declared the confiscation of digital currency valued at approximately $112 million connected to fraudulent cryptocurrency investments. Laundering money from cryptocurrency confidence scams According to court documents,.....»»
South Korea passes its "Chips Act" amid US-China friction
South Korea's parliament easily approved a bill Thursday to boost the country's powerhouse semiconductor industry by giving firms tax breaks to spur investments......»»
Made-in-India iPhone shipments grew 162% in value terms in 2022
Thanks to India's incentive scheme to promote local manufacturing and the influx of investments by multinational manufacturers, India's smartphone production somewhat offset the weak demand, with made-in-India iPhones shipments growing by 65%......»»
Light guide plate maker GLT to build new plant in Vietnam
Light guide plate maker Global Lighting Technologies (GLT) will significantly ramp up its investments in 2023, with plans to build a new factory in Vietnam to expand its production capacity......»»
LGD borrows KRW1 trillion from LG to expand OLED investments
LG Display (LGD) is borrowing KRW1 trillion (US$770 million) from LG Electronics and will use the loan for the growth of its OLED product business, according to LGD's recent announcement......»»
India roundup: Pegatron reportedly to open second plant in India
Apple contract manufacturers continue expanding their investments in India, while CMR said that Samsung is still the largest mobile phone exporter in India......»»
Vectra Match helps security teams accelerate threat hunting and investigation workflows
Vectra Match brings intrusion detection signature context to Vectra Network Detection and Response (NDR), enabling security teams to accelerate their evolution to AI-driven threat detection and response without sacrificing investments already made in.....»»
Meta slams telco fee proposal, says ISPs should pay their own network costs
Meta: "Our investments in content drive the business model of telecom operators." Enlarge (credit: Getty Images | MirageC) Proposals to pay for broadband networks by imposing new fees on Big Tech companies "are built on.....»»
India states reportedly wooing Apple suppliers by potential labor code relaxation
Following the labor code change in Karnataka, Apple is reportedly lobbying for another relaxation in labor laws in Tamil Nadu amid the competition among Indian states to woo investments from global manufacturers......»»
India states reportedly wooing Apple suppliers by potential law code relaxation
Following the labor code change in Karnataka, Apple is reportedly lobbying for another relaxation in labor laws in Tamil Nadu amid the competition among Indian states to woo investments from global manufacturers......»»
IT security spending to reach nearly $300 billion by 2026
Worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022, according to IDC. Investments in hardware, software, and services related to cybersecurity are expected to reach near.....»»
Qualcomm opens advanced engineering, testing center in Taiwan
Qualcomm has recently inaugurated its advanced engineering and testing center in Hsinchu, northern Taiwan to provide services for Taiwanese semiconductor supply chain partners, and will continue to expand its presence in Taiwan with more investments.....»»
DataRobot releases AI Platform 9.0 to deliver value-driven AI
DataRobot has released DataRobot AI Platform 9.0, along with deeper partner integrations, AI Accelerators, and redesigned service offerings, all centered on helping organizations derive measurable value from their AI investments. “AI has the potent.....»»
South Korea’s battery giants are in hot demand from US to Europe
South Korea's biggest battery event of the year turned into a beauty parade of US, European and Australian officials all trying to lure investments to their regions......»»
PC manufacturers argue against fresh investment clause under India"s revised incentive scheme
India is looking to amend its incentive scheme for IT hardware to encourage investments in manufacturing laptops and tablets in India. However, manufacturers argue against the fresh investment clause amid a declining PC market......»»
Foxconn reportedly to make AirPods in India
Amid Apple suppliers' increasing investments in India, Foxconn is reportedly to make AirPods in its planned facility in the southern state of Telangana, making it the first time for both Foxconn and India to manufacture the premium wireless earphones.....»»
India to provide financial incentives to Wistron
India has approved another tranche of incentives to companies for their investments in manufacturing smartphones in India. However, Samsung Electronics is still struggling to collect financial subsidies......»»
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.....»»
Foxconn reportedly to expand chip investments in India amid diverisification away from China
Foxconn's chairman Young Liu recently made a visit to China and India, raising eyebrows in the two countries and beyond and marking an investment shift away from China to India with Foxconn's '3+3' strategy......»»