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Manufacturing sector continue to grow |
8/3/2017 |
Manufacturing expanded in July as the PMI registered 56.3 percent, a decrease of 1.5 percentage points from the June reading of 57.8 percent. This indicates growth in manufacturing for the 11th consecutive month and is the fourth highest reading in the last 12 months.
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Xiaomi Obtained $1 billion loan |
7/31/2017 |
18 banks across Europe, the Middle East, India, Taiwan, Hong Kong, and other parts of China have contributed to raise the money. "Deutsche Bank and Morgan Stanley served as joint global coordinator.
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Motorola to integrate AI with police cameras |
7/31/2017 |
The partnership will see Neurala integrate its AI capabilities with Motorola's software and cameras, including its Si500 body-worn camera, to create intelligent cameras that can learn “at the edge” and automatically search for persons or objects of interest.
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Samsung officially taken the crown from Intel |
7/31/2017 |
The rise is the result of the South Korean tech giant's successful developed next-generation technologies for dynamic random-access memory (DRAM) chips and NAND flash memory.
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3D QLC NAND can be a memory game changer |
7/28/2017 |
QLC flash works with existing 3D technology, essentially doubling the available storage. Western Digital and Toshiba have already announced their QLC BiCS flash-memory chips.
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Great business with ST time-of-flight sensor |
7/28/2017 |
ToF sensor technology is used in proximity and ranging sensors for smartphones. ST’s cumulative shipments for its FlightSense ToF technology have reached 300 million, and they are already in more than 80 smartphone models from 15 OEMs.
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City of Shanghai set aside $7.4 billion to invest in chip industry |
7/28/2017 |
The fund will provide CNY30 billion to support the development of the local manufacturing sector, CNY10 billion to help local fabless firms expand via acquisitions, and another CNY10 billion to foster the development of the local equipment and materials sector.
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Foxconn to put $10 billion display plant in Wisconsin |
7/28/2017 |
The deal initially includes a 20 million square foot Foxconn campus but could ultimately create up to 13,000 Foxconn and 22,000 indirect jobs. The Foxconn jobs will have an average annual salary of $53,000 plus benefits.
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SK Hynix's profit up 9 folds |
7/26/2017 |
Second-quarter net profit shot up nearly ninefold, apparently helped by a strong average sales price of dynamic random-access memory (DRAM) and NAND chips.
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ARM bets growth on IoT |
7/25/2017 |
Some 100 billion chips built on ARM Holdings technology will be shipped in the next four years, as many as in the company's entire history so far, thanks to demand tied to the so-called internet of things.
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