Thursday, April 15, 2021

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Industry News
Researches disclosed quick virus test method with a smartphone and microscope 2/4/2021
More importantly, the method produces results that rival a nasal swab test with equipment that only costs about $45.
Ferrari reports 58% jump in fourth-quarter earnings 2/3/2021
The sports car maker based in Modena, Italy, said its fourth-quarter net profit rose to 263 million euros ($316 million) from 219 million euros a year earlier. A rise in shipments partly made up for a seven-week spring shutdown due to Italy’s strict coronavirus lockdown.
UPS Holiday deliveries up 11% due to Online shopping 2/3/2021
A surge in online shopping helped UPS post record revenue during the last three months of 2020. Shares of United Parcel Service, Inc. rose five percent before the stock market opened Tuesday.
Tesla settles with NHTSAon recall of 135,000 vehicles 2/3/2021
The recall of certain 2012 through 2018 Model S sedans and 2016 through 2018 Model X SUVs ends a fight with the National Highway Traffic Safety Administration, which had started the process of taking the electric vehicle maker to court.
Airplane parts factory to close 2/3/2021
According to the Spokesman-Review, the company's parent, Triumph Group, lost $309.3 million from April 1 to September 30, 2020.
Micron Technology delivers 1-Alpha version of DDR4 DRAM 2/2/2021
"With a 40% improvement in memory density over our previous 1z DRAM node, this advancement will create a solid foundation for future product and memory innovation."
Startup wants affordable launch of low orbit small satellites 2/2/2021
"We are going to be the Uber to space, where we carry one, two or three payloads profitably."
Beware of hand sanitizers from Mexico 2/2/2021
More than 80 percent of samples analyzed by the FDA from April through December 2020 were not in compliance with FDA regulations.
Capital spending on Industrial sector to be up 7.8% 2/2/2021
The association anticipates more than $1.8 trillion will be spent on business-related goods this year. Driving a projected growth rate of 7.8 percent.
SK hynix: Mobile application and servers to drive memory market this year 2/1/2021
The world's second-largest DRAM producer said its fourth-quarter operating profit more than quintupled to 965.9 billion won from a year ago. Revenue increased 15 percent on-year to 7.96 trillion won.
Lithuanian government disapproved Chinese state-owned maker of airport security-screening equipment 2/1/2021
The panel said Nuctech’s screening equipment can collect data on passengers and luggage, which could be available to China's intelligence and security services under a 2017 Chinese law that compels companies to help with intelligence gathering.
Cybercriminals targets at bigger business 2/1/2021
The nonprofit, which supports victims of identity crime, found that the number of U.S. data breaches fell 19 percent in 2020 to 1,108. But the number of individual victims of such cybercrimes fell 66 percent compared with the year prior.
Lordstown Motors to start full production of first EV pickup truck by fall 2/1/2021
Full production of the Endurance pickups is slated to begin in September at the former General Motors assembly plant near Youngstown, which Lordstown Motors bought in 2019.
Powerful supercomputer in Wyoming to study climate changes 1/29/2021
Houston-based Hewlett Packard Enterprise won a bid to provide the $35 million to $40 million machine for a supercomputing center in Cheyenne, the National Center for Atmospheric Research in Boulder, Colorado.
U.S. economy contracted 3.5% in 2020 1/29/2021
For 2020 as a whole, a year when the coronavirus inflicted the worst economic freeze since the end of World War II, the economy contracted 3.5% and clouded the outlook for the coming year. The economic damage followed the eruption of the pandemic 10 months ago and the deep recession it triggered, with tens of millions of Americans left jobless.
Apple iPhone may interfere with pacemakers and defibrillators 1/29/2021
One test performed in the study showed that an iPhone 12 sent a defibrillator into “a suspended state” when near. Apple says the newest phone doesn’t pose any higher risk than those before it.
Tesla decided to make example out of former employee who stole company secret 1/29/2021
CNBC reports that Tesla sued a former software engineer named Alex Khatilov over trade secret theft and breach of contract.
IC Insights forecast that global IC market will rise 12% 1/28/2021
Computing has long been the growth engine for the IC industry, but remarkable emerging applications in communication, consumer, automotive and industrial/medical systems are fueling development of new complex, high-speed, and/or low-power ICs, IC Insights said.
DDR5 modules to appear in computers by mid-year 1/28/2021
Motherboard makers have kicked off validation for DDR5 products ahead of schedule, said the sources, adding that DDR5 SO-DIMM modules for use in notebooks and mini PCs are also being validated by the motherboard firms.
U.S. durable good order increased 1/28/2021
The rise in orders for durable goods, items expected to last at least three years, followed much stronger increases of 1.2% November and 1.8% in October, the Commerce Department reported Wednesday.
8 days at Space Station to cost $55 million a head 1/28/2021
The first crew will spend eight days at the space station, and will take one or two days to get there aboard a SpaceX Dragon capsule following liftoff from Cape Canaveral.
Chattanooga study shows public broadband initiative could bring $2.69 billion in benefits 1/27/2021
The research found the project's value exceeded costs by more than $2.2 billion. Some impacted categories include business investment, startup funding, real estate development, the smart grid, business productivity, consumer surplus, residential bill savings, health care, telecommuting, education and publicity.
Amazon to add 3000 new jobs 1/27/2021
The hires announced Tuesday will double the workforce in Amazon's Boston tech hub, with new jobs spread across Alexa, Amazon Web Services, Amazon Robotics, and Amazon Pharmacy.
China is facing its own set of problems on International trade 1/27/2021
China faces more opposition than ever due to its trade record, territorial disputes, abuses against ethnic Muslims, and accusations of theft and spying.
IMF predicts 5.5% economic growth due to availability of Corona vaccine 1/27/2021
The vaccines should contain the spread of the virus and allow governments around the world to ease lockdowns and encourage a return to normal economic activity. The world economy also got a boost from government stimulus programs late last year in the United States and Japan.
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