Daimler To Cut Production Over Chip Shortage: Report
The report added that the company will reduce production in Bremen, the Handelsblatt daily reported citing unnamed company sources
Recently, Volkswagen and its subsidiary Audi said that they would temporarily cut production and furlough workers as the auto...
Ravi Shankar Prasad Urges Japanese Electronics Industry to Invest in India
Prasad highlighted that during COVID19, due to attractive polices like PLI and SPECS large amount of investments have come to India in the field of electronics manufacturing
India and Japan signed MoU to enhance cooperation in the field of Information...
Global Train Battery Market Expected To Reach $243.49 Million By 2027: ResearchAndMarkets
Based on the application, the auxiliary battery (HVAC, doors, infotainment) segment is anticipated to hold considerable market share during the forecast period
By geography, Asia Pacific is going to have lucrative growth during the forecast period
The global train...
Worldwide Semiconductor Revenue Grew 7.3 Per Cent In 2020: Gartner
Memory accounted for 44 per cent of revenue growth
Within memory, NAND flash experienced the best performance with revenue growth of 23.9 per cent, reaching $52.8 billion, up $10.2 billion from 2019
The worldwide semiconductor revenue totalled $449.8 billion in...
VW, Audi Cut German Output Due To Semiconductor Shortage: Report
It added that Volkswagen told told AFP in a statement that it is sending roughly 8,800 employees at its plant in Emden, northern Germany, into short-time work until 19th January
When car sales fell at the start of...
NTPC Arm THDC India Makes 50MW Solar Project In Kerala Commercially Operational
With this, the commissioned as well as commercial capacity of the THDC India Limited and NTPC group has become 1,587 MW and 62,975 MW, respectively
NTPC has planned to have a 130 GW power generation capacity by 2032....
MG Motor And Tata Power Install 60 kW Superfast EV Charging Station In Mangaluru
Its charging infrastructure coverss cities like Mumbai, Bangalore and Delhi-NCR and tier-2 cities like Ahmedabad, Lucknow, Agra, Coimbatore and Nagpur
The public EV charging station is available to all vehicles compatible with CCS fast-charging standard
MG Motor by teaming...
Bel Announces Agreement To Purchase EOS Power
The all-cash transaction is expected to close in the first quarter of 2021
The EOS business had trailing twelve-month sales of approximately $15 million
Bel Fuse Inc has announced that the Company has entered into an agreement with EOS...
Indian Army Signs A $20 Million Contract With ideaForge To Procure SWITCH UAV
ideaForge has been awarded this contract after it emerged as the only vendor that qualified the operational requirements in an evaluation done in real-world conditions, for a fast-track procurement
SWITCH UAV is an indigenous system built to cater...
Intel Appoints Pat Gelsinger As New CEO
He will succeed Bob Swan, who will remain CEO until 15th February
Most recently, Gelsinger served as the CEO of VMware since 2012
Intel has announced that its board of directors has appointed 40-year technology industry leader Pat Gelsinger...
Global Forklift Battery Market To Reach $7,191.9 Million By 2026: Research Dive
The lithium ion (Li-ion) segment is expected to grow at the fastest rate and generate a revenue of $1,348.5 million by the end of 2026
Warehouse segment is the fastest moving segment and is expected to generate revenue...
STMicroelectronics Preliminary Q420 Net Revenue Stands At $3.24 Billion
The Company will release its fourth quarter and full year 2020 earnings before the opening of trading on the European Stock Exchanges on Thursday, January 28, 2021
The prior outlook was for Q420 net revenues to be $2.99...
Tesla Makes India Debut, Sets Up New Office In Bengaluru, Names Three Directors
It has incorporated itself with an authorised capital of Rs 15 lakh and a paid-up capital of Rs 1 lakh
Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein will be the three directors of the new company
Tesla has...
Sembcorp Energy India Bags 400-MW Capacity Solar Project In Rajasthan
The project’s entire output will be sold to SECI under a 25-year long-term power purchase agreement
It is expected to be ready for commercial operation by mid-2022
Sembcorp Energy India (SEIL), a wholly-owned subsidiary of Sembcorp Industries, said it...