STMicroelectronics Reports Q4 and FY 2018 Financial Results

STMicroelectronics reported U.S. GAAP financial results for the fourth quarter and year ended December 31, 2018.  ST reported fourth quarter net revenues of $2.65 billion, gross margin of 40.0 per cent, operating margin of 16.8 per cent, and net income...

The latest LED drivers are efficient and consume less power

Reduced chip sizes and the increasing constant pressure per watt of lumens is forcing LED chip manufacturers to retrofit LED drivers that come with the latest technology. These drivers are highly efficient and have built-in protection. By Baishakhi Dutta Most of...

Battery Storage, Smart Grid, Energy Efficiency Companies Raised US$ 2.8 Bn in 2018

In 2018, smart grid companies received US$ 530 million in venture capital funding in 29 deals, witnessing an increase of 26 per cent compared to a year ago Battery storage, smart grid and energy efficiency companies raised around US$ 2.8 billion...

Tata Power Solar Launches Residential Rooftop Solution in Gandhinagar

The latest residential rooftop solutions will further reinforce Tata Power Solar’s position in the solar rooftop segment Tata Power Solar, largest solar energy company in India and a wholly-owned subsidiary of Tata Power, launched a complete residential solar rooftop solution...

Suzuki Motors Road Testing 50 EVs in India

Suzuki Motors will also aggressively launch hybrid vehicles by getting technical support from Japanese multinational Toyota Motor Corporation Focusing on the Indian electric vehicles (EVs) market, Japanese automotive maker Suzuki Motors said that the company is road testing its 50 EVs in...

Microsoft’s Corporate Venture M12 to Fund Tech Startups in India

M12 has invested in more than 70 startups globally in many fields ranging from cybersecurity and AI to industrial drones and business SaaS M12, formerly known as Microsoft Ventures, is going to invest in several startups in India with investment...

Suzlon Sells Rudra Solarfarms to AMP Solar for Rs 142.1 million

Rudra Solarfarms is a special purpose vehicle (SPV) that had been established by Suzlon, in partnership with AMP Solar, for executing a solar project of 15 megawatt (MW) in the state of Telangana Suzlon Energy, a world leader in renewable energy solutions, has...

State-run BHEL bags 129 MW Solar Project Worth Rs 5,650 million

BHEL will be establishing solar photovoltaic (PV) power plants on EPC basis at four locations in the state of Telangana Government-owned engineering and manufacturing company Bharat Heavy Electricals Limited (BHEL) has bagged an engineering, procurement and construction (EPC) contract for...

MNRE to Issue a List of Eligible Solar Manufacturers for Government Projects

The MNRE has stated that the projects for which tenders have not been finalised before the decision will be allowed to source outside the ALMM list only till March 31, 2020 The government is planning to issue a list of...

Industry Seeks Deferment of Proposed Customs Duty Hike on Mobile Components

The government has proposed import duty on LCD assembly, touch panel and vibrator motor, to be imposed later this year under the phased manufacturing plan (PMP) The government’s plan to hike customs duty on certain mobile phone components may lead...

Qualcomm India’s Revenue Jumps 23% in FY18

Chipmaker Qualcomm India’s revenue jumped 23% in FY18 driven by a demand surge for phones in the world’s second-most-populous nation where the telecom industry is transiting rapidly to 4G data technology after the entry of Reliance Jio.  In a recent...

Northeast India Needs To Double The Telecom Infrastructure: TAIPA

The Northeastern states would require to double the telecom infrastructure with Meghalaya alone would need as many as 2,162 mobile towers, an industry group said to Economic Times on Monday. Tower and Infrastructure Providers Association (TAIPA) in a recent statement said...

TDK’s All Solid-State Battery Wins Nikkei Award, Plans to Accelerate Development

TDK’s CeraCharge is a rechargeable surface mount device (SMD) and doesn’t depend on liquid electrolyte that are primarily used for batteries TDK Corporation, Japan-based electronics company providing electronic components, electronic materials and recording and data-storage media, announced that its all-ceramic...

Daikin India Aims Rs 6,400 Crore Turnover in 2 Years

Daikin India is expecting a revenue of about Rs 4,200 crore in the current fiscal of 2018-19. It recorded a turnover of Rs 3,250 crore in the last financial year.  On account of strengthening position in Indian market and rising...

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Airtel, Cisco Partner to Bring Advanced Connectivity Solutions to Customers

As per the alliance, Bharti Airtel will also provide the Cisco-Webex solution as a one-stop destination for collaboration and conferencing needs Bharti Airtel, a leading...

Design In India: In Demand

Increased digitisation of products results in enhanced demand for electronics. Implementation of advanced technologies—such as the Internet of Things (IoT), artificial intelligence (AI), augmented...

The Indian LED industry needs testing facilities and quality standards

The Electric Lamp and Component Manufacturers’ Association of India (ELCOMA) is spreading awareness about the benefits of LEDs through workshops, seminars and exhibitions, apart...

Intel Announces to Quit its 5G Modem Business

Intel will now focus its 5G efforts on the network infrastructure business and will honour the prevailing contracts for 4G chips Intel, a leading global...

Organisations to Incur US$ 5.2 Tn as Extra Cost Due to Cyber-Attacks: Report

In India, 59 per cent of respondents said they are worried that the internet is getting increasingly becoming unstable from a cybersecurity point of...