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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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7.14.2023
California and Truck Makers Partner to Reduce Emissions
California and truck makers agree to phase in 100% zero-emission trucks by 2036. This is a major step forward in the fight against climate change and will create new jobs in the clean transportation sector.
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7.14.2023
UPS Strike Could Reignite Supply-Chain Bottlenecks
A threatened strike by United Parcel Service workers could be one of the costliest labor disputes in U.S. history. A 10-day strike could cost UPS customers $4 billion and lost direct wages of more than $1 billion. The total economic impact of the strike could reach $7 billion. The strike would disrupt millions of daily deliveries, including Amazon.com orders, electronic components, and lifesaving prescription drugs. It could also reignite supply-chain bottlenecks that are already stoking inflation.
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7.14.2023
Taiwan Chip Exports Plunge 21% and Braces for Slowdown as Inventory Clears
The decline in chip exports is a temporary setback for the chip industry, but it also highlights the long-term challenges facing the industry. As demand for electronic devices continues to grow, chipmakers will need to invest in new production capacities and advance their technological capabilities to stay ahead of the competition.
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7.13.2023
Nvidia and Recursion Partner to Accelerate AI Drug Discovery
Nvidia's investment is a vote of confidence in Recursion's AI platform and its potential to revolutionize the drug discovery process. The partnership between Nvidia and Recursion is a sign that the pharmaceutical industry is taking AI seriously, and it is likely to lead to further investment in this area in the years to come.
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7.13.2023
Folding Back to the Future
Foldable smartphones are poised for significant growth in 2024, as demand for larger screens, declining prices, and the growing popularity of 5G drive the market. Samsung is the leading player in the market, but other companies, such as Huawei and Motorola, are also starting to offer foldable smartphones. The foldable smartphone market is expected to continue to grow in the coming years, as the technology matures and prices come down. Users looking for a smartphone with a large screen and the latest technology, a foldable smartphone is a great option.
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7.13.2023
Retailers Deploy Robots to Cut Costs and Improve Efficiency
Robots are transforming retail and science. In retail, robots are being used to cut costs and improve efficiency. In science, AI is being used to automate tasks, analyze data, and develop new insights. These technologies are making it possible to do things that were once impossible, and they are opening up new possibilities for the future.
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7.13.2023
NAND Flash and DRAM ASPs to Continue Falling in Q3
TrendForce reported a trend for NAND flash prices, and they are expected to drop by 3% to 8% in Q3 2023 due to weak demand and high inventory levels. However, prices may recover in Q4 as demand improves. DRAM prices are projected to decline by 0% to 5% in Q3 but remain stable due to strong demand from cloud computing and data centers. The memory market will be under pressure in Q3, but there are signs of potential recovery in Q4. Businesses should monitor prices closely and be prepared for fluctuations.
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7.12.2023
How Innovation in EVs Is Reshaping the Copper Market?
Copper demand from EVs could be lower than expected due to new innovations in battery and motor design. These innovations are making it possible to use less copper in EVs, which could dent copper demand in the long term.
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7.12.2023
ACEN and Norfund Join Forces to Power Telecom Towers in the Phippines with Solar Energy
Norfund and ACEN Corp. have partnered to provide solar energy to telecom towers in the Philippines. Through the joint venture Micropower Philippines, they will invest in Yoma Micro Power (YMP) Telecom Power Inc. This collaboration aims to offer sustainable and affordable solar power solutions, reducing environmental impact. Solar power provides benefits of sustainability, affordability, and reliability for telecom towers. The partnership signifies the growing momentum of solar power in the telecom sector and a future where all towers are powered by the sun.
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7.11.2023
BI Philippines Revolutionizes Entry Procedures with Electronic Service for Foreign Travelers
The Philippine Bureau of Immigration has introduced an electronic service (eServices) platform for foreign visitors, allowing them to apply online for various immigration services such as visas, extensions, residence applications, and departure clearances. The platform offers convenience, speed, accuracy, and security, enabling travelers to comply with immigration regulations from anywhere in the world. Travelers need to create an account, submit their applications, and await the decision. Approved applicants can print their approval documents. The eServices platform simplifies the application process and enhances the visitor experience in the Philippines.
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