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PLI Scheme for Telecom and Networking Products Approved by Union Cabinet

Globally Telecom and Networking Products exports represent an US$100 billion market opportunity, which can be exploited by India The Union Cabinet, chaired by the Prime Minister, Narendra Modi, has approved Production Linked Incentive (PLI) Scheme for Telecom and Networking Products...

VVDN’s Vision Business Unit Expands Camera Solutions Design and Manufacturing

High-end platforms, as per the company, expand the opportunities to develop AI-equipped cameras/vision solutions, enabling a diverse range of applications in the surveillance, enterprise, fleet management, consumer, retail, smart city and industrial equipment industries VVDN Technologies is expanding its capabilities...
partnership

Panthronics Signs Global Partnership Agreement With RFID Specialist AdvanIDe

The deal enables users of Panthronics' high-performance NFC reader ICs and NFC wireless charging controllers to draw on AdvanIDe's deep knowledge of applications AdvanIDe will provide a comprehensive engineering support, sales and supply-chain service to OEMs using Panthronics'...

eRickshaw Market in India to Hit a Million Units by FY25: Report

Inadequate charging infrastructure, coupled with frequent charging issues, high battery replacement costs, poor build quality, and moderate battery life are some of the primary concerns that need to be addressed The market for eRickshaws, as per a report by Research...

GLOBAL FOUNDRIES and U.S. Department of Defense Announce Partnership

The first chips from this new agreement are targeted to begin delivery in 2023. GF is in ongoing discussions with the DoD regarding Trusted Accreditation for Fab 8 GLOBAL FOUNDRIES (GF) has announced a strategic partnership with the U.S. Department...

Italvolt Plans 4 Billion Euro Investment In Italian EV Battery Plant: Report

Italvolt said in a statement that the facility is expected to employ 4,000 people It added that the first stage of the project will be completed in 2024 As per a report by Reuters, Electric vehicle battery startup Italvolt...

Amazon Teams Up With Foxconn Subsidiary, Cloud Network Technology For Fire TV Stick Production...

It said that it will evaluate scaling capacity to additional cities depending on the domestic demand Amit Agarwal, global SVP and country leader for Amazon India, said that Amazon is committed to partner with the Indian government to...

France Calls To Reduce EU Dependence On Electronic Components: Report

Dependence was unacceptable and was making the European Union vulnerable in industries like car manufacturing that had run short of some components from Asia. It is essential to reinforce the European industrial strategy with the objectives of retaining...

India’s Nominee Ajay Mathur To Head International Solar Alliance

He will replace the incumbent Upendra Tripathy as new director general of this global body on March 15 Before joining as director general of the new Delhi-based energy and environment thinktank, The Energy and Resources Institute (TERI), Mathur...

Axpo Establishes Battery, Hydrogen Units

It will be putting the respective teams in place during the coming months Axpo has been active in the construction, operation, management and marketing of large-scale battery storage systems for some time Axpo is establishing two new departments in...
partnership

Li-Cycle Nears SPAC Deal To Go Public, Says Sources: Report

It represents a bet on the growing market for recycling used batteries, as well on the rising demand for lithium-ion power sources for new technologies like EVs Li-Cycle recycles end-of-life lithium-ion batteries that power products such as electric...

NextFlex Launches $14 Million Funding Round For Flexible Hybrid Electronics Innovations

It said that this brings the total anticipated investment in advancing FHE since NextFlex’s formation to $113 million The project proposals should include a plan for transitioning projects to the U.S. industrial manufacturing base while focusing on manufacturing...

Court Dismisses ROHM Semiconductor Lawsuit Around Semiconductor Patents

ROHM USA had filed a lawsuit against MaxPower seeking a declaratory judgment that ROHM's silicon carbide (SiC) MOSFETs do not infringe four MaxPower U.S. patents MaxPower Semiconductor, Inc. (MaxPower) has announced that, following a hearing on fourth February 2021, the...

Tesla Will Be Manufacturing Electric Cars in India

Tesla had confirmed its India plans recently. The company has also set up an office in Bengaluru The government of Karnataka noted that Tesla will be opening a electric vehicle manufacturing plant in Karnataka. Elon Musk, in December 2020, had...

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...