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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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2.27.2024

Tesla Expands Charging Infrastructure in Penang, Malaysia

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2.26.2024

Boeing Selects BAE Systems for MQ-25 Unmanned Aerial Refueling System Upgrade

Boeing and BAE Systems are joining forces to upgrade the vehicle management system of the U.S. Navy's MQ-25 drone tanker. This new system will not only keep the jets topped up farther from the base, but also pave the way for future unmanned spy missions and even manned-drone teamwork.
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2.26.2024

LCD TV Panel Prices on the Rise

LCD panel shortages are causing production dips, but upcoming sports events are driving demand, leading to a predicted $1 price hike across most sizes in March.
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2.26.2024

Can India Surpass the US in Electronics by 2040?

A recent report predicts India could become the world's second-largest electronics economy by 2040, surpassing the US. This potential rise is fueled by India's growing economy, large workforce, and government initiatives promoting local production.
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2.22.2024

Assam Set for a Tech Transformation with ₹25,000 Crore Semiconductor Packaging Plant

Assam's semiconductor industry is poised for significant growth with the proposed ₹25,000 crore semiconductor packaging plant, a joint venture between the Indian government, the Assam government, and the Tata Group to extend production of chips beyond smartphones and fighter jets and focus on industries construction, engineering, IT, and logistics.
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2.21.2024

Biden Administration Boosts EV Charging Infrastructure with $150 Million Investment

The Biden-Harris Administration has allocated nearly $150 million to 24 recipients in 20 states to enhance the reliability of electric vehicle (EV) charging infrastructure in response to challenges faced by EV drivers, especially in sub-zero temperatures in Chicago. The funding will repair or replace nearly 4,500 existing EV charging ports, aiming to improve station reliability and incentivize EV adoption to reduce carbon emissions and combat climate change. 
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2.21.2024

Global Semiconductor Manufacturing Industry Shows Signs of Recovery

The global semiconductor industry is rebounding, with electronics and IC sales up in Q4 2023 according to SEMI. Electronics sales rose 1% y-o-y, marking the first increase since H2 2022. IC sales jumped 10% y-o-y in Q4 2023, driven by rising demand and normalized inventories. SEMI projects a 3% y-o-y increase in electronics sales for Q1 2024, indicating sustained growth. This recovery presents significant opportunities for electronic component distributors. 
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2.21.2024

BMW Unveils Seamless Integration of AR Glasses and Voice Assistant for Hands-Free Driving

BMW unveiled its latest innovation, seamlessly integrating vehicles with augmented reality (AR) glasses for driving and partnering with Amazon for voice assistant capabilities, enabling a hands-free driving experience. 
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2.20.2024

India's Chip Ambitions Take Flight with Multi-Billion Dollar Fabs

India is making a bold move towards self-reliance in chip production with the announcement of two multi-billion dollar fabrication plants. Led by Israel's Tower Semiconductors and India's Tata Group, these fabs will utilize advanced technology to power various industries.
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2.20.2024

China Leads Asia-Pacific's GenAI Charge, Doubling Investments

Asia-Pacific businesses are projected to nearly triple their spending on generative AI in 2024, reaching $3.4 billion. China leads the charge, followed closely by Australia and New Zealand. While cautious about potential impacts like AI ethics, companies see GenAI driving product development, design, and content generation. 
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