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Iraq Seeks International Investors To Build 750 MW Solar Projects: Report

All the seven solar power plants to be built in the south of the country This includes the largest 300 megawatts plant in Kerbala as per the statement As per a report by Reuters, Iraq is seeking international investors...

Global IoT Semiconductor Component Market To Reach $80 Billion In 2025: IoT Analytics

It added that the penetration of semiconductor components classified as IoT is expected to grow from 7 per cent in 2019 to 12 per cent by 2025 The crucial drivers include big data analytics, mobile communication, gaming, connected...

Wire & Cable Manufacturer V-Marc files for IPO

The company intends to utilize the net proceeds from the issue to fund the capital expenditure for its proposed new manufacturing facility at Roorkee Haridwar based, wires and cables manufacturer, V-Marc India Ltd, has filed its document with the regulator...

WAAREE Commissions 16 MW Solar Project For Maharashtra Govt

Plant has installed 60660 numbers of WAAREE make 330 wp Polycrystalline solar modules, two Inverter duty transformers of 6250KVA, & one 3500KVA, five inverters of 3125 kw WAAREE Energies, one of India's largest solar module manufacturer and a leader in...

Magnachip Starts Mass Manufacturig OLED Display Driver ICs

This OLED DDIC, as the company informed, is also designed for 1440 x 3360 resolution screens and is being integrated into high-end 5G smartphones produced by global manufacturers Magnachip Semiconductor Corporation announced that it has commenced full-scale mass production of...

IoT Sensors Market: Asia Pacific to Register Highest Growth

Some of the major strategies followed by companies include mergers & acquisitions and new service developments The Global IoT Sensors Market, as per a report by Research and Markets, is expected to grow at an impressive rate during the forecast...

Northvolt To Invest $200 Million In New Energy Storage Systems Factory In Gdansk, Poland

The new 50,000 square meter factory will be established in two stages with an initial output of 5 GWh and an estimated production start in 2022 It will Include a new engineering R&D center of excellence to be...

Philip Harting Re-Elected As Chairman of ZVEI’s “Electronic Components and Systems” Trade Association

He had already served as chairman of the trade association for three years, and will now be on board for another three-year tenure Harting has been an elected member of ZVEI's board of directors since 2014 Philip Harting, CEO...

Ford To Go All-Electric By 2030 In Europe: Report

It said that it will invest $1 billion over the next 30 months to convert its vehicle assembly plant in Cologne, Germany, to become the U.S. automaker’s first electric vehicle facility in Europe It said that by 2026...

Former Arm Executive Named Vice President For Palma Ceia SemiDesign

At Arm, Redford served as vice president in charge of Emerging Technology, where he was responsible for new technology concepts and businesse Palma Ceia SemiDesign, a fabless semiconductor company, announced Mark Redford has joined the company as vice president, Operations...

Magnachip’s Q4 Results Exceeded Our Expectations: YJ Kim

Magnachip noted that its full-year revenue of $507.1 million decreased 2.6 per cent YoY due mainly to the exit from the non-automotive LCD business Magnachip Semiconductor Corporation has announced financial results for the fourth quarter and full-year 2020. The company's...

Telecom PLI Proposes Higher Incentives For MSMEs

This scheme, as per the estimates of the government of India, will lead to incremental production of around Rs 2.4 Lakh Crores with exports of around Rs2 Lakh Crores over five years Pursuant to the extraordinary incentive of PLI being...

Ampere Electric To Invest Rs 700 Crore Over 10 Years To Set Up EV...

Ampere Electric’s Ranipet plant will have the potential to start manufacturing 100,000 units in its first year of operation This facility will be operational by 2021 Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Ltd, has...

Amara Raja Batteries Ltd To Set Up Rs 220 Crore Solar Power Plant In...

As part of the overall lead procurement strategy, ARBL will set up a greenfield lead recycling unit with a capacity of one lakh tonnes It said that this will help the company comply with recycling standards while adopting...

Recent Posts

Ola Electric 2-Wheeler Plant To Begin Production In Coming Months

The company announced a Rs 2400 crore MoU with the Tamil Nadu government in December 2020 and rapidly completed land acquisition in January...

Samsung SDI To Invest $849 Million To Expand EV Battery Plant In Hungary: Report

The official said that the company is also considering building another EV battery plant in the central European country, though no time line...

Global Semiconductor IP Market Is Estimated To Surpass $ 7,103.0 Million By End Of...

Launch of AI-infused modem chips is also expected to help in growth of market Growing electronics is expected to offer lucrative growth opportunities...

Cabinet Approves PLI Scheme For Laptops, Tablets, PCs, Servers

It has a total cost including an incentive outlay of ₹7,325 crore and administrative charges of ₹25 crore Production worth ₹3.26 lakh crore...

Continental Buys Minority Stake In AI Chip Startup Recogni

Continental is contributing both its financial commitment as well as its expertise in the field of AI, vehicle sensors and advanced driver assistance...