MENU

Business news Page 76

Business news Page 76
Australia’s quantum IC startup Diraq adds funds for US launch
Australia’s quantum IC startup Diraq adds funds for US launch
Business news |
Full-stack quantum computing startup Diraq Pte. Ltd. (Sydney, Australia) has raised US$15 million in a Series A2 round.
Tower proposes US$8 billion Indian wafer fab, says report
Tower proposes US$8 billion Indian wafer fab, says report
Business news |
Israeli foundry Tower Semiconductor has submitted a proposal to the Indian government to build a 65/40nm wafer fab in India…
Renesas hit by fall in industrial market
Renesas hit by fall in industrial market
Business news |
Renesas saw a fall in overall turnover in 2023 as the fall in the industrial market took hold. Renesas saw…
TSMC tips second Japan wafer fab as Toyota joins team
TSMC tips second Japan wafer fab as Toyota joins team
Business news |
The wafer fab joint venture between TSMC, Sony and Denso in Kumamoto prefecture known as JASM (Japan Advanced Semiconductor Manufacturing)…

BorgWarner signs key LFP battery blade deal with BYD subsidiary
BorgWarner signs key LFP battery blade deal with BYD subsidiary
Business news |
BorgWarner has signed a strategic deal to supply LFP batteries to FinDreams Battery, a subsidiary of BYD. Under the eight year deal, BorgWarner will be the only non-OEM localized manufacturer…
X-Fab to drive global fab expansion after bumper year
X-Fab to drive global fab expansion after bumper year
Business news |
European chip maker X-Fab Silicon Foundries has seen a bumper year with turnover up 23% to $908m and profits nearly doubling to $245m with global capacity expansion plans. The core…
Arm shares jump 50% on AI, China boosts to results
Arm shares jump 50% on AI, China boosts to results
Business news |
Arm’s share price jumped by 48 percent as the processor IP licensor announced a solid quarter boosted by demand for artificial intelligence processors and a jump in sales to China.
OpenAI’s Altman seeks trillions of dollars for chip project
OpenAI’s Altman seeks trillions of dollars for chip project
Business news |
Sam Altman, the CEO of Microsoft-backed artificial intelligence pioneer OpenAI, could be asking for US$7 trillion dollars for an AI chip manufacturing project, according to a Wall Street Journal report.
Siemens teams for grid project in Rome
Siemens teams for grid project in Rome
Business news |
Italian power distribution system operator (DSO) Areti is to use Siemens technology to manage local electricity grids. A set of algorithms developed by Siemens for the RomeFlex project enables the…
LionVolt acquires AMTE battery cell production line in Scotland
LionVolt acquires AMTE battery cell production line in Scotland
Business news |
Dutch startup LionVolt has bought a battery cell production line in Thurso, Scotland, from the administrators of AMTE Power. LionVolt announcement that it has taken on a lease at the…
Keysight joins the Car Connectivity Consortium for UWB push
Keysight joins the Car Connectivity Consortium for UWB push
Business news |
Keysight has joined the Car Connectivity Consortium (CCC) to drive the development of keyless entry systems. Redefining keyless entry experiences is crucial says Keysight, and UWB ultra-wideband wireless is a…
MPS buys Dutch audio DSP designer Axign
MPS buys Dutch audio DSP designer Axign
Business news |
Monolithic Power Systems in the US has acquired Axign in the Netherlands for its digital signal processing to add to its power management expertise. Axign specializes in programmable multicore DSP…
Fortanix joins NIST consortium to advance trustworthy AI
Fortanix joins NIST consortium to advance trustworthy AI
Business news |
Confidential Computing pioneer to contribute knowledge of real-world applications to support trustworthy AI methods and techniques.
EnOcean targets sustainable IoT for global megatrends
EnOcean targets sustainable IoT for global megatrends
Business news |
IoT-based offerings target energy management, space optimization and wellbeing setting the course for accelerated growth.
NGK tests searching for new applications and use cases using AI
NGK tests searching for new applications and use cases using AI
Business news |
AI LLM will enable NGK to significantly speed up the search for new business opportunities and use cases for its technology and products.
Ford develops low cost electric car in ‘skunkworks’ project
Ford develops low cost electric car in ‘skunkworks’ project
Business news |
Ford is developing a low cost electric car in a skunkworks project. The low cost electric car project is led by Ford’s Advanced EV development boss Alan Clarke and has…
Infineon teams for GaN portable power station
Infineon teams for GaN portable power station
Business news |
Infineon Technologies is working with Worksport in the US on a GaN-based portable power station design. Worksport will use the Infineon GS-065-060-5-B-A GaN power semiconductors in the power converters for…
IBM teams for 2nm, 1nm EUV mask development
IBM teams for 2nm, 1nm EUV mask development
Business news |
IBM is to work with Toppan Photomask on masks using extreme UV (EUV) for 2nm process nodes. The R&D deal between IBM and Toppan will also include the development of…
Tenstorrent signs Blue Cheetah for AI chiplet interconnect
Tenstorrent signs Blue Cheetah for AI chiplet interconnect
Business news |
AI chip designer Tenstorrent has licensed Blue Cheetah’s customisable die-to-die interconnect IP for its AI and RISC-V chiplet designs. The deal to use the interconnect from Blue Cheetah aims to…
BAE Systems buys UK heavy lifting drone firm
BAE Systems buys UK heavy lifting drone firm
Business news |
BAE Systems has acquired Malloy Aeronautics in the UK for its heavy lift drone and aeronautical technologies. Malloy Aeronautics designs and supplies all-electric heavy lifting uncrewed aerial systems (UAS) to…
SK hynix shows roadmap for using recycled materials
SK hynix shows roadmap for using recycled materials
Business news |
SK hynix in Korea has detailed a roadmap to actively use recycled and renewable materials in its semiconductor production. The company aims to increase the percentage of recycled materials it…
€100m for Croatian robotaxi startup
€100m for Croatian robotaxi startup
Business news |
A startup in Croatia has raised €100m for driverless urban vehicles, infrastructure and service development. Project 3 Mobility (P3) in Zagreb, with engineering in the UK, has raised €100m…
Starship raises $90m for AI, wireless charging to take on Deliveroo
Starship raises $90m for AI, wireless charging to take on Deliveroo
Business news |
Robot delivery firm Starship Technologies has raised $90m to expand its autonomous robot delivery service globally with AI and wireless charging. The latest round for Starship was led by co-led…
Gas sensing market on the up, says Yole
Gas sensing market on the up, says Yole
Business news |
In 2023 the gas sensor market was worth about US$1.33 billion and the particle sensor market was worth about US$333 million, according to market analysis firm Yole Group. The gas…
Silicon Labs, Arduino team on Nano board for Matter
Silicon Labs, Arduino team on Nano board for Matter
Business news |
Arduino is working with microcontroller supplier Silicon Labs for applications and a new board supporting the Matter over Thread wireless protocol. The collaboration has started with Arduino’s first Matter software…
Neutral atom quantum computer for UK testbed
Neutral atom quantum computer for UK testbed
Business news |
QuEra Computing is to supply a neutral atom quantum computer to the UK’s National Quantum Computing Centre (NQCC) The initial neutral atom quantum computer testbed in the UK will build on…
Quantum boost for wearable brain imaging
Quantum boost for wearable brain imaging
Business news |
Cerca Magnetics in the UK has won a contract to create a pathway to clinical trials for the Quantum-Enabled Brain Imaging system. The Cerca brain imaging system uses technology from…
NXP sees weak start to 2024
NXP sees weak start to 2024
Business news |
NXP Semiconductors saw revenues up slightly for 2023, despite the industry downturn. 2023 revenue at NXP was $13.28bn, up 1%, while Q4 revenue was up 3% to $3.42bn. The company…


10s