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| Coronavirus pandemic affects landscape on Germany's machinery industry |
9/9/2020 |
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Orders for machinery, a major German export, were down 16% in this year's first seven months compared with a year earlier, while production declined 14%, the VDMA association said. It cited the effects of the pandemic, protectionism in international trade, and change affecting the auto industry — a key customer.
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| Samsung to develop 5G network infrastructure for Verizon |
9/9/2020 |
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“Samsung has demonstrated their commitment to collaborating with us to drive innovation in 5G,” New York-based Verizon said in a statement. “We are excited to expand our relationship with them and benefit from a long-term strategic agreement.”
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| China’s export growth accelerated |
9/9/2020 |
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Exports rose 9.5% over a year earlier to $235.2 billion, up from July’s 7.2% growth, customs data showed Monday. Imports declined 2.1% to $176.3 billion, compared with the previous month’s 1.4% contraction.
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| China’s SMIC denies military tide |
9/9/2020 |
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“We have no relationship with the Chinese military,” the company said in a statement. It said SMIC products are “solely for civilian and commercial end-users and end-uses.”
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| Britain breaks ground on $140 billion high-speed railway project |
9/8/2020 |
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Transport Secretary Grant Shapps defended the HS2 project, which has its “shovels in the ground" moment just as the country is wondering whether the over-budget and often-delayed project offers good value at a time when the the COVID-19 pandemic has enshrined the idea of working from home.
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| $5.7 million NASA grant to improve urban air mobility |
9/8/2020 |
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Ranging from drone delivery services to air metro services to air taxis, urban air mobility refers to in-air transportation within urban areas. It is expected to be a commercially viable market by 2030. However, this will require aircraft to be built in much higher quantities and frequencies than currently being produced.
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| Virus tracing to be built into your smartphone |
9/3/2020 |
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Apple and Google on Tuesday launched the second phase of their “exposure notification” system, designed to automatically alert people if they might have been exposed to the coronavirus.
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| Another vaccine reaches phase III trial |
9/3/2020 |
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AstraZeneca announced Monday its vaccine candidate has entered the final testing stage in the U.S. The Cambridge, England-based company said the study will involve up to 30,000 adults from various racial, ethnic and geographic groups.
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| .Chevrolet unveils its 2021 Bolt, a new EUV |
9/3/2020 |
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The platform is described as a combination of traditional cruise control, LiDAR, 3D mapping software, GPS technology, and a network of sensors that work together to keep a vehicle in its lane, while facial recognition software ensures the driver is keeping their eyes on the road. All of this allows for nearly autonomous driving, but only on highways.
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| Samsung to switch to 15Gb 10nm class LPDDR5 mass production |
9/2/2020 |
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Built on Samsung’s third-generation 10nm-class process to support extreme ultraviolet (EUV) technology, the new 16Gb LPDDR5 boasts the highest mobile memory performance and largest capacity to enable more consumers to enjoy the full benefits of 5G and artificial intelligence features in next-generation smartphones.
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| China’s manufacturing see small growth |
9/1/2020 |
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The monthly purchasing managers’ index released by the Chinese statistics agency and an industry group declined to 51 from July’s 51.1 on a 100-point scale on which numbers above 50 indicate activity increasing.
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| SMIC reports foundry revenue and profit up |
8/31/2020 |
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SMIC disclosed in its mid-year financial report that revenue surged 29.4% on year to CNY13.16 billion (US$1.92 billion) in the first half of 2020, with gross margin climbing 2.5pp from a year earlier to 23.5%. The company generated net profits of CNY1.39 billion, up a robust 329.8% from the same period in 2019.
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