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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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7.5.2023
Volkswagen in Talks with Tesla to Adopt Its Charging Standard
Volkswagen and Tesla are in talks to adopt Tesla's NACS charging standard. This would allow Volkswagen vehicles to use Tesla's Supercharger network. If an agreement is reached, it would be a breakthrough for the electric vehicle industry and could help to accelerate the adoption of electric vehicles.
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7.5.2023
Biden Administration Announces $40 Billion to Connect All Americans to High-Speed Internet Summary:
The Biden Administration is investing $40 billion to connect all Americans to high-speed internet. This is the largest investment in internet funding in history, and it will help to ensure that all Americans have access to the digital tools they need to succeed in the 21st century economy.
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7.5.2023
PH to Launch E-Visa System by Q3 This Year
The e-visa system will allow people to apply for visas online, eliminating the need for physical paperwork and in-person visits to consular offices. This will significantly reduce processing times and make the visa application process more convenient for everyone.
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7.5.2023
Big Oil Not Cutting Emissions Fast Enough to Meet Paris Goals
A new report found that the world's biggest oil and gas companies are not cutting emissions fast enough to meet the goals of the Paris Agreement. The report found that none of the companies are on track to cut emissions at a rate sufficient to align with a 1.5°C pathway over the next five years.
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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
Canadian Tech Firms Urged to Tap into the Philippine Market: A Win-Win Opportunity for Both Nations
The Philippines has a large and growing market of tech-savvy consumers, as well as a strategic location for businesses looking to expand into Southeast Asia. The government is also very supportive of the tech industry, and the people are very welcoming.
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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
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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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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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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