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Tulsa, Oklahoma continue to pitch for the Tesla Gigafactory 7/17/2020
Musk and other employees flew into town in early July to check out potential sites and meet with Oklahoma Governor Kevin Stitt.
Fiat Chrysler be merged with French PSA Group and named STELLANTIS 7/17/2020
What’s now the fourth largest auto company in the world sounds like it’s named after your cholesterol medication.
America's only rare earths miner aims to restore U.S. supply chain of rare earth materials 7/16/2020
This business combination and becoming a public company is a key milestone in MP Materials’ mission to restore the full rare earth supply chain to the United States of America.
Virgin Atlantic raised $1.8 billion to allow it to resume passenger flights 7/16/2020
Virgin Atlantic is due to resume flights on Monday after suspending passenger services because of the virus.
Production at America's factories up 5.4% in June 7/16/2020
U.S. industrial production rose 5.4% in June, the second straight monthly gain after a 1.4% uptick in May. But it was still 10.9% below the level in February before the economy virtually shut down in the face of the coroanavirus.
Tyson to develope Robo Butchers 7/16/2020
Tyson is developing an automated deboning system for processing meats as a way of avoiding spreading diseases like COVID-19, along with maintaining productivity during staff shortages and avoiding bottlenecks.
Facial recognition company being investigated for abusing data collected 7/15/2020
Clearview AI Inc. came to attention after investigative reports detailed its practice of harvesting billions of photos from social media and other services to identify people.
Auto sales in China pulls back 7/15/2020
China’s auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus.
Amazon's smart shopping cart eliminates the check out line 7/15/2020
The cart, which Amazon unveiled on Tuesday, uses cameras, sensors and a scale to automatically detect what shoppers drop in. It keeps a tally and then charges their Amazon account when they leave the store. No cashier is needed.
Analog Devices to buy Maxim for $20 billion 7/15/2020
The $20 billion acquisition would also give Analog a more defined roll in the development technology for 5G networks and self-piloted vehicles.
MediaTek Q2 result top guidance 7/14/2020
MediaTek has reported consolidated revenue climbed 11.1% sequentially to a 14-quarter high of NT$67.6 billion (US$2.3 billion) in the second quarter of 2020. The results beat its guidance.
US manufacturing technology orders were 45% lower than in May last year 7/14/2020
“We had predicted that growth in the MT sector would be flat in the first half of 2020; however, it is down about 30 percent due to the impact of the pandemic on the global manufacturing industry,”
EV startup Rivian raised another $2.5 billion to build 100,000 Amazon electric delivery vans 7/14/2020
The company has a contract with Amazon to build 100,000 electric delivery vans starting next year at its factory, a former Mitsubishi plant in Normal, Illinois. Rivian also is rolling out a pickup truck and an SUV for sale to consumers next year.
Elon Musk has pass Warren Buffett in wealth ranking 7/14/2020
Tesla’s market cap has propelled Musk’s fortune over $70 billion, making him the seventh richest person in the world.
A consortium led by UK and India to deploy low Earth orbit satellite networks 7/13/2020
The consortium will use the assets of OneWeb to complete the deployment of a network to offer broadband services to predominantly rural areas, and to develop with partners a novel satellite navigation system.
Soitec to supply SAW on POI RF filters to Qualcomm 5G systems 7/13/2020
Soitec announced a business agreement with Qualcomm Technologies to supply high volume POI wafers for RF filters in 4G and 5G smartphone radio frequency (RF) front-end modules.
Trump administration to bar the U.S. government from buying from five Chinese companies 7/13/2020
The rule, which was prompted by a 2019 law, could have far-ranging implications for companies that sell goods and services to the U.S. government since they will now need to certify they do not use products from Dahua or Hikvision, even though both are among the top sellers of surveillance equipment and cameras worldwide.
TSMC broke record on June sales 7/13/2020
TSMC reported a new company high for June sales Friday, which analysts attributed to solid demand for emerging technologies such as 5G applications and high performance computing (HPC) devices.
Snapdragon 865 Plus is for gamers 7/10/2020
First, the speed increases: Qualcomm is promising a 10-percent faster CPU and GPU, thanks to faster clock rates. The CPU is officially up to 3.1Ghz now, and since the GPU on the Snapdragon 865 runs at 600MHz, the Plus version should be up around 660MHz.
Winbond steps up with new upgraded NOR chips 7/10/2020
The company is looking to put increased focus on demand for 5G related device applications, with an enhanced high-density NOR chip offering.
Nvidia has taken over Intel on capital stock value 7/10/2020
Nvidia’s shares rose 2.3% in afternoon trading on Wednesday to a record $404, putting the graphic component maker’s market capitalization at $248 billion, just above the $246 billion value of Intel, once the world’s leading chipmaker.
Global Foundries remains a DOD trusted source for chips 7/10/2020
The company announced plans in May to implement U.S. export controls at its most advanced fab in Malta, N.Y. The $13 billion expansion of Fab 8 includes compliance with the U.S. International Traffic in Arms Regulations (ITAR) and Export Administration Regulations. The company hopes to ultimately scale secure production to the 12-nm FinFET process node.
Ericsson stops sourcing products from China's Panda Electronics due to government control risk 7/9/2020
Panda Electronics Group is one of 20 Chinese companies believed by U.S. authorities to be owned or controlled by the Chinese military, according to a list published by the U.S. Department of Defense on June 24.
Arm, to spin off the IoT Services Group (ISG) to its parent company SoftBank 7/9/2020
This represents a shift in strategy back to Arm’s focus prior to the SoftBank acquisition. Since the acquisition, SoftBank had pushed for Arm to expand into new areas both in IP, such as for servers, and in the emerging management of data in the IoT era.
Imagination Technologies announced family of GPUs for automotive applications 7/9/2020
Imagination is investing heavily in graphics chips customized for cars. This comes as the auto industry is finally catching up with the computer era and getting better displays for dashboard information. The flashy screens are selling points in modern cars, and they’re even more important in self-driving cars and smart cars.
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