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......»»
Foxconn in talks with Karnataka officials for potential investments
As Foxconn is ramping up its investments in India, Karnataka is trying to woo the world's largest EMS provider to help build an electronics ecosystem......»»
Experiment reveals why pundits can be unreliable
Decisions by policymakers and managers often rely on predictions and forecasts provided by experts. For instance, policymakers may increase public investments if they anticipate economic stagnation, and companies may introduce new products if they an.....»»
Big Tech companies use cloud computing arms to pursue alliances with AI groups
Deals between Big Tech and "generative AI" startups raise competition concerns. Enlarge (credit: zhengshun tang via Getty Images) Big Tech companies are aggressively pursuing investments and alliances with artificial int.....»»
Sentra raises $30 million to meet growing demand for data security in the cloud
Sentra has completed a $30 million Series A funding round led by Standard Investments with participation from Munich Re Ventures (MRV), Moore Strategic Ventures, Xerox Ventures and INT3 as well as existing investors Bessemer Venture Partners and Zeev.....»»
IPC makers prioritize stability in 2023
Industrial PC makers saw significant shipment momentum in 2022 as the easing of the pandemic rebooted investments in infrastructure and other industries, but uncertainties lying ahead in 2023 are prompting them to be more cautious about their growth.....»»
SK Hynix records first operating loss in a decade
Due to weak demand and declining memory prices, SK Hynix saw its first operating loss in a decade and its first quarterly net loss in three years. The chipmaker will maintain its plan to reduce investments and costs for 2023......»»
India subtly shifts its stance on Chinese investments, benefiting Apple
After barring most Chinese inward investments for nearly three years, India is changing its tack, looking to allow investments helpful for India to build an electronics ecosystem amid China's dominant status in the global manufacturing supply chain......»»
India roundup: Apple plans to make 25% of iPhones in India
iPhone production is picking up in India, with Apple eyeing 25% of iPhones made in the country. Apple is reportedly looking to bring more China-based suppliers to invest in India despite India's barring of inward Chinese investments amid souring Chin.....»»
Foxconn ventures deeper into India to coordinate with Apple new regional plans
Foxconn has been increasing its investments in India recently not only just striving for smartphone production but also seeking the opportunity to produce the full range of products for its key client Apple, according to supply chain sources......»»
OpenAI and Microsoft announce extended, multi-billion-dollar partnership
Reported $10 billion outlay follows investments from Microsoft in 2019, 2021. Enlarge / The OpenAI logo superimposed over the Microsoft logo. (credit: Ars Technica) On Monday, AI tech darling OpenAI announced that it rec.....»»
GM to invest $918M at 4 plants for V-8 engines, EV components
The automaker's top manufacturing executive says the investments will support GM's lineup of full-size pickups and SUVs and give the plants' workers job security "for years to come.".....»»
Samsung reportedly struggling to collect PLI incentives in India
In contrast with the Indian government's welcoming Apple suppliers' investments, Samsung Electronics, the largest exporter of mobile phones in India, encounters a series of financial issues......»»
India reportedly gives initial green light to investments from Apple"s China-based suppliers
Due to the US-China tech war and China's previously strict COVID measures, manufacturers are accelerating their diversification efforts, with India reportedly approving investments from more than a dozen Apple suppliers......»»
Intel"s Gelsinger vows investment for long-term, but urges funding to show up soon
Intel CEO Pat Gelsinger said in media interviews at the 2023 World Economic Forum that he expects long-term effects of semiconductor investments galvanized by the US CHIPS Act to manifest in the second half of the decade rather than the second half o.....»»
Quantum computers threaten our whole cybersecurity infrastructure: Here"s how scientists can bulletproof it
Thirteen, 53 and 433. That's the size of quantum computers in terms of quantum bits, or qubits, which has significantly grown in the last years due to important public and private investments and initiatives. Obviously, it is not only a mere question.....»»
Organ-on-a-chip models allow researchers to conduct studies closer to real-life conditions
Bringing a new drug to market costs billions of dollars and can take over a decade. These high monetary and time investments are both strong contributors to today's skyrocketing health care costs and significant obstacles to delivering new therapies.....»»
Taiwan diplomat: avoid replicating China experiences in India
Amid the global supply chain relocation, Taiwan's investments are increasingly gaining attention in India. Ben Wang, former director-general of the Taipei Economic and Cultural Center in Chennai and current representative of the Taipei Economic and C.....»»
Wiwynn sets profit records for 2022, optimistic about long-term growth of data centers
Cloud infrastructure provider Wiwynn had a dazzling financial performance for 2022, reporting record highs in both consolidated revenue and post-tax profits. According to Wiwynn, despite the server market expecting single-digit growth in 2023, the or.....»»
iPhone exports from India reach US$2.5 billion from April to December
Thanks to investments from Foxconn and Wistron, iPhone exports from India reached US$2.5 billion from April to December, highlighting Apple's diversification efforts amid the global supply chain relocation......»»
India reportedly shipps US$2.5 billion iPhones from April to December
Thanks to investments from Foxconn and Wistron, iPhone exports from India reached US$2.5 billion from April to December, highlighting Apple's diversification efforts amid the global supply chain relocation......»»