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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities
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7.4.2023
Siemens Energy onshore wind turbine problems limited
Siemens Energy's onshore wind turbines have quality problems, but impact is limited. Siemens Energy, the world's largest wind turbine maker, warned of quality problems at about 30% of its onshore fleet. However, developers of renewable energy projects say the impact is limited. The problems are not widespread and are unlikely to have a significant impact on the renewable energy industry. Siemens Energy is working to improve its quality control procedures.
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7.4.2023
Philippines Seeks Greater Trade Cooperation with Netherlands
The Philippines and the Netherlands are seeking to strengthen their trade relations and explore greater cooperation in various industries, including infrastructure, agriculture, and renewable energy. The two countries have a long history of friendly relations and are committed to promoting economic cooperation. By working together in these key areas, the Philippines and the Netherlands can boost their respective economies and create new opportunities for their citizens.
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7.3.2023
Global TV Market Rebounds in Q2 on Rising Panel Prices
Global TV shipments are forecast to reach 46.63 million units in Q2 2023, a 7.5% increase quarter-on-quarter (QoQ) and 2% growth year-on-year (YoY). The uptick in shipments is primarily due to strong stockpiling momentum from Chinese brands for the 618-e-commerce shopping festival, as well as overseas sales of some Chinese brands surpassing expectations.
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7.3.2023
DTI Invites Dutch High-Tech, Semiconductor Companies to Set Up Shop in the Philippines
The Philippines is inviting Dutch high-tech and semiconductor companies to set up shop in the country. The Philippines has a skilled workforce, a competitive cost advantage, and a strategic geographic location. The government is also committed to providing support and incentives to attract foreign investment. This is a great opportunity for Dutch companies to tap into the Philippines' growing tech sector.
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6.30.2023
Micron Technology to Open New Semiconductor Manufacturing Facility in India
Micron Technology, Inc. will build a semiconductor plant in Gujarat, India. The plant will be Micron's first in India and will focus on DRAM and NAND memory products. The plant is ex-pected to be operational in late 2024. The plant is a major boost for the Indian semiconductor industry and is part of Micron's ongoing investment in its global manufacturing capabilities.
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6.30.2023
Connector Market Outlook: Muted Bookings, Weak Demand, and High Inventory Levels
The connector and sensor market are facing challenges due to muted bookings, weak demand, and persistently high inventory levels. While certain sectors, such as AI and ADM orders, exhibit strength, overall market conditions suggest a moderation in shipments for the near future. Stakeholders in the industry must closely monitor market trends, adjust strategies accordingly, and navigate the evolving landscape to maximize opportunities in a challenging environment.
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6.30.2023
Anti-Pollution Group PCAPI Urges Speedy Incentives for Electric Vehicle
In the battle against air pollution and the urgent need to transition towards sustainable transportation, the Anti-Pollution Group PCAPI continues to champion the cause for speedy incentives to promote the use of electric vehicles (EVs).
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6.29.2023
Dongfeng Electric Vehicles Set to Revolutionize the Philippine Market
Exciting news is on the horizon for environmentally conscious drivers in the Philippines, as Dongfeng Electric Vehicles prepares to make its grand entrance into the local market. With a stellar reputation as a global leader in electric mobility, Dongfeng's arrival promises to revolutionize the automotive industry by providing cutting-edge electric vehicle (EV) options to Filipino consumers.
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6.29.2023
Tesla Supercharger Network Expands to Include Polestar Vehicles
Polestar joins GM and Rivian in adopting Tesla's Supercharger network, giving Polestar owners access to Tesla's vast network of fast-charging stations.
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6.28.2023
Microsoft and Nvidia Invest $1.3 Billion in Inflection AI to Develop Safe and Powerful LLMs
Inflection AI raises $1.3B for LLMs. The one-year-old startup, founded by Google DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, will use the funding to develop large language models (LLMs). LLMs can generate text, translate languages, write different kinds of creative content, and answer questions in an informative way. Inflection AI's flagship product is Pi, a chatbot that can hold conversations with users on a variety of topics.
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