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Volkswagen to pay $912 million in manipulate emissions readings 3/2/2020
The offer amounts to about 15% of the purchase price of the car, and payments range from between 1,350 euros to 6,257 euros ($1,485-$6,882).
Walmart to offer Walmart+ shipping to compete with Amazon Prime 3/2/2020
News website Vox first reported the news about Walmart's new membership program earlier Thursday and said the discounter would have certain perks that the online leader couldn't offer. Vox says that the Bentonville, Arkansas retailer will be publicly testing the program as soon as March.
Emerging memories to grow 118% in next few years 2/28/2020
The storage-class memory market is projected to reach billion-dollar revenue within the next few years and Optane is key to this with Intel saying saying that there are currently more than 200 ongoing proof-of-concepts based on Optane DIMMs, and that the conversion rate from proof-of-concept to deployment has exceeded 80%
U.S. economy grew 2.1% in Q4 2/28/2020
Economists have been downgrading their forecasts for the first quarter of this year as fears of the virus’ impact have escalated. Stock markets have plunged this week on news that the number of coronavirus cases worldwide has now topped 81,000.
Coronavirus can trigger a recession if not handled carefully 2/28/2020
These economic impacts would likely come in four forms: shortages of products from China, reduced sales to China, a drop in consumer spending based on fears about the virus and falling stock prices. Let me evaluate the potential impact of each, but bear in mind that they are all interconnected, and a drop in just one can affect the others.
Amazon to build new hub at vacant GM plant in Delaware 2/28/2020
Amazon plans to invest $50 million in new equipment and machinery.
Imec works with ASML to create 3nm node process 2/27/2020
By combining advanced imaging schemes, innovative resist materials and optimized settings on ASML’s NXE:3400B system in Imec’s cleanroom, the system is capable of printing lines/spaces at 24 nm pitch in a single exposure step which corresponding to the dimensions of critical BEOL metal layers of a 3nm node process.
Analyst see memory capacity investment rebound 2/27/2020
Memory equipment investment is expected to increase in 2020 in response to a decline in investment in 2019. Considering recent improvement in memory supply-demand conditions, a significant memory supply shortage is likely in 2021 unless investment picks up in 2H20.
Virgin Galactic has taken 8,000 reservations for space bound flights 2/27/2020
Confirming a spaceflight reservation will be a process called ”One Giant Leap,” echoing the words of Apollo 11 astronaut Neil Armstrong when he became the first person to set foot on the moon in 1969.
Volvo unveil next generation EV promise to challenge Tesla Model 3 2/27/2020
Polestar — the electric vehicle brand founded by Swedish automaker Volvo — unveiled a compact car touted as a potential challenger to Tesla’s Model 3 in the still-young industry of mass-market electric vehicles.
U.S. consumer confidence improved slightly in February 2/26/2020
Conference Board economist Lynn Franco said that consumers continue to view the outlook as favorable, and when this is combined with solid employment growth, it should be enough to support continued spending and economic growth in the near term.
China's Manufacturer-Back-to-Work faces supply chain issues 2/26/2020
Global brands have used low-cost Chinese labor to assemble goods for three decades. Now, they increasingly depend on China to supply auto, computer and other components. Disruptions can make this country a bottleneck, choking off their sales.
Japanese carrier ANA is ordering 20 Boeing 787 Dreamliner jets 2/26/2020
The latest order will consist of 11 787-10 aircraft, set to go into service for Japan routes sometime between 2022 and 2024, ANA Holdings Inc. said Tuesday. That jet seats more than 330 passengers.
Amazon is aiming to kill the supermarket checkout line 2/26/2020
At the new store, opening Tuesday in Seattle, shoppers can grab milk or eggs and walk out without checking out or opening their wallets. Shoppers scan a smartphone app to enter the store. Cameras and sensors track what's taken off shelves. Items are charged to an Amazon account after leaving.
AMD took the opportunity to gain on Intel in European PC market 2/25/2020
Figures collated by Context for Western Europe, for the fourth quarter of 2019, reveal shipments of Intel processors for notebook, desktop and workstations fell 2.3 per cent year-on-year to 5.34 million units, with market share plunging to 84.1 per cent from 91.1 per cent. This was in a market that grew 5.8 per cent to 6.348 million.
Xerox wants to hostage take over HP 2/25/2020
Xerox: “regardless of what the company and its army of advisors announce Monday, we believe HP shareholders appreciate that the value we could create by combining Xerox and HP outweighs – and is incremental to – anything HP could achieve on its own.”
Debris found in the fuel tanks of 70% grounded Boeing 737 Max jets 2/25/2020
Although debris hasn't been linked to those crashes, metal shavings, tools and other objects left in planes during assembly can raise the risk of electrical short-circuiting and fires. On Tuesday the company had said debris was found in “several” planes but it did not give a precise number.
China’s Huawei show another new foldable phone 2/25/2020
The company says there are improvements under the hood, including a redesigned four-layer screen and upgraded "falcon wing" hinge. It also gets Huawei's latest homegrown Kirin 990 chipset, a four-lens camera system and can be used on a wider range of high-speed 5G network bands.
Kioxia ships new PCIe 4.0 NVMe enterprise SSD 2/24/2020
Dual-ported, the CM6 Series of PCIe Gen4 (1×4, 2×2) and NVMe Enterprise SSDs delivers sequential and random performance of up to 6.9 GB/s and up to 1.4M IOPS. These represent bandwidth improvements of up to 2x over its PCIe Gen3 predecessors and are 12x faster than typical SATA drives.
UK to invest $1.5 billion in superconductor 2/24/2020
UK government today confirmed a £1.2B (around US$1.56B) investment over the next 10 years for developing state-of-the-art supercomputers to improve severe weather and climate forecasting.
Trump proposed Trillion Dollar infustructure revival plan 2/24/2020
Trump has outlined a new $1 trillion plan for spending on roads, rails, water systems and other infrastructure. This time, the president is proposing to rely fully on federal spending. That fundamental change from his first plan drew praise from some state transportation officials and industry groups, even though Trump doesn't spell out how to pay for it all.
Coronavirus did not incapacitate the semiconductor industry 2/24/2020
Despite facing logistical, packaging and test challenges related to the Covid-19 outbreak, semiconductor fabs located in China are continuing to function normally, with high capacity rates.
ST to collaborate with TSMC on development of GaN process 2/21/2020
GaN-based devices switch at speeds as much as 10X faster than silicon-based devices while operating at higher peak temperatures.
Foundry orders shifted from China to Taiwan on virus scare 2/21/2020
SMIC and Huahong, have to slow down their capacity expansions due to the coronavirus outbreak. With the global 8-inch foundry capacity already being tight, and promising demand for chips requiring 12-inch wafer fabrication services, China-based foundries may see orders shifted away if the outbreak prolongs.
Airbus to trim 2,300 defense and space division jobs 2/21/2020
The plan would eliminate 2,362 positions in all — 829 in Germany, 357 in the U.K., 630 in Spain, 404 in France and 142 elsewhere.
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