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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities
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7.25.2023
Indian Electricals and Industrial Electronics Trade Delegation Explores Opportunities in the Philippines
A delegation of Indian electricals and industrial electronics companies visited the Philippines to strengthen bilateral ties, explore business opportunities, share knowledge, promote sustainability, and invest in future growth. The visit aimed to foster collaboration, leverage expertise, and drive innovation for both nations' industries.
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7.24.2023
Meeting the Surge in Demand for High-Efficiency Solutions
Vietnam's power management industry is experiencing significant growth due to the increasing demand for high-efficiency solutions driven by the rise of electric vehicles and 5G networks. The country's strong manufacturing base and a growing pool of skilled engineers position Vietnam to capitalize on these emerging opportunities. With the power management industry projected to grow by 10% year-over-year in July 2023, Vietnam is well-prepared to meet the demands of various sectors, including EVs, 5G networks, data centers, industrial automation, and medical devices.
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7.24.2023
Worldcoin: Developing New Identity and Financial Network Using Iris Scans
A new project called Worldcoin is using iris scans to create a new identity and financial network. The company claims that its iris scans are more secure than other biometric identifiers, such as fingerprints or facial scans. The project has been met with mixed reactions, with some people concerned about the privacy implications of having their irises scanned. However, the company has raised over $25 million in funding and is reportedly in talks with major tech companies about partnerships.
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7.24.2023
The Biden Administration's Climate Technology Subsidies Spur Investment in U.S. Battery Recycling
Batteries are essential for our modern lives, but they also contain valuable materials that can be recycled. Currently, China dominates the global battery recycling market, but the Biden Administration's climate technology subsidies have spurred investment in U.S. battery recycling. There are a number of companies that are working to develop new technologies for battery recycling, such as hydrometallurgy and pyrometallurgy. The development of new battery recycling technologies is essential for the future of the battery industry, as the demand for batteries continues to grow.
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7.21.2023
China's AI Chip Demand Fuels TSMC's Growth
TSMC is seeing an increase in orders from China-based AI chip suppliers, despite the ongoing trade war between the two countries. This is a sign that the Chinese government is continuing to invest in the development of AI technology. The increase in orders is also a challenge for TSMC, as the company is already facing capacity constraints. However, TSMC is well-positioned to benefit from the growth of the AI market. The company's ability to meet the growing demand from China will be a key factor in its future success.
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7.21.2023
India Prepares to Launch Moon Mission That Could Solidify Its Position as a Space Power
India is preparing to launch a moon mission that could solidify its position as a space power. The mission, called Chandrayaan-3, will attempt to land a rover on the unexplored lunar south pole. The launch is a sign of India's growing ambitions in space and could have a positive impact on the Indian economy.
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7.20.2023
CARS program: A boon for PH automotive part makers
The Comprehensive Automotive Resurgence Strategy (CARS) program has been a lifeline for the Philippine automotive industry. The program has helped to create 100,000 jobs and increase the localization rate of car manufacturing to 40%. The government is currently considering extending the program for another five years, but there are a number of factors to consider, such as the state of the automotive industry, the availability of funding, and the potential impact on the environment.
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7.19.2023
Embracing Innovation: Megaworld Launches Data Science and AI Lab
Megaworld Corporation, a leading real estate developer in the Philippines, has opened the Township Analytics and Technology Lab (TAT Lab) in Taguig City. The lab uses data science and AI to enhance safety, sustainability, resident experience, and business optimization in Megaworld townships. This initiative reflects Megaworld's commitment to becoming a more data-driven company and sets a precedent for other real estate developers. Data science and AI offer benefits like improved decision-making, increased efficiency, and enhanced customer service in the industry.
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7.18.2023
JSR-ASMI Deal to Bolster Chipmaking in Japan
Japan's JSR Corporation has agreed to acquire a majority stake in Dutch photoresist manufacturer ASMI Holding for $6.3 billion. The deal will give JSR a strong foothold in the lithography market and access to ASMI's cutting-edge technology. The acquisition is seen as a way for JSR to secure its supply chain and meet the growing demand for semiconductors.
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7.18.2023
Semiconductor Industry Leaders Call for Increased Cybersecurity
The Design Automation Conference (DAC) 2023 and Semicon West recently concluded, bringing together top minds from the semiconductor industry to explore the latest trends and challenges. Cybersecurity was a key focus of both conferences, as the complexity and interconnectivity of automotive electronics and autonomous vehicles grow, so does the risk of cyberattacks. CISOs from major players emphasized the importance of collective efforts in sharing information and devising cybersecurity protocols as a unified community.
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