Recent #business news in the semiconductor industry

10 months ago
➀ The Qualcomm vs Arm legal battle began in a Delaware courtroom. The case revolves around whether Qualcomm's architecture license with Arm covers designs done by Nuvia before it was acquired by Qualcomm. ➁ The dispute could cost Arm an estimated $50 million in revenue if Qualcomm's acquisition of Nuvia is not validated. ➂ Arm CEO Rene Haas and Qualcomm CEO Cristiano Amon are expected to give evidence.
ArmQualcommbusinesssemiconductortechnology
11 months ago
➀ Solartron has been expanding its business in Russia, China, Japan, and India; ➁ Direct results include orders worth £22,000 in Russia, immediate prospects of £100,000 in China, and agreements in Japan and India; ➂ The company emphasizes the importance of market study, planning, patience, and having a saleable product.
businesselectronics
11 months ago
➀ Artificial Intelligence (AI) is expected to change business processes and our work life in various areas in the coming years. Its application can positively affect product and service quality as well as employees if automated processes in the daily work create new spaces for higher-value activities. For AI value creation to be successful overall, the perspective of users must also be considered in the implementation of AI. ➁ Irene Bertschek, Director of the Research Area 'Digital Economy' at ZEW - Leibniz Centre for European Economic Research Mannheim and Professor of 'Economics of Digitalization' at Justus-Liebig University Giessen, explains the opportunities and challenges associated with this. ➂ Bertschek emphasizes that while AI is not a panacea, it is crucial for companies to identify specific processes or tasks where AI can help solve problems. Data and skills are essential for AI to contribute to innovation and productivity in companies.
AIDigitalizationEconomyPolicyRegulationbusinessinnovationtechnology
about 1 year ago
➀ The whitepaper by Learning Systems explores successful AI deployment in businesses that create value for companies, employees, and customers. ➁ It highlights practical examples from various industries on how AI can address both economic and social goals. ➂ The report emphasizes the importance of interdisciplinary collaboration and innovation-friendly environments for AI adoption, while acknowledging challenges faced by small and medium-sized enterprises in implementing AI technologies.
AIGermanyManufacturingbusinessindustryinnovationresearchtechnology
about 1 year ago
➀ Powerchip Semiconductor, the Taiwanese foundry, has abandoned its plan to build a fab in Japan in favor of constructing one in India. The company had previously entered into a partnership with SBI Holdings to build a 40k wpm fab in Sendai, Japan, starting with 40nm technology and moving to 28nm with volume production scheduled for 2027. The partnership has now been dissolved as Powerchip seeks to provide technology for a fab to be built in India by Tata. ➁ Last week, Indian Prime Minister Narendra Modi met with Natarajan Chandrasekaran, chairman of Tata, and Powerchip chairman Frank Huang, where PSMC expressed interest in expanding its presence in India. ➂ Powerchip and Tata have agreed to collaborate on a fab in Gujarat, India, with Tata providing the funding and Powerchip providing the process technology for PMICs and display drivers.
IndiaJapanTaiwanbusinessfoundryinvestmentsemiconductorsemiconductorstechnology
about 1 year ago
➀ France's European Commissioner Thierry Breton has resigned following a spat with newly re-elected EC President Ursula von der Leyen; ➁ Breton had been appointed by Macron to serve a second term as EU commissioner, but von der Leyen requested the French government to withdraw his name; ➂ Breton announced his resignation on Twitter with a picture of a blank picture frame.
EUEuropean CommissionThierry BretonUrsula von der Leyenbusinessresignation
about 1 year ago
1. ALF, an AI agent by ChannelTalk, has been adopted by over 500 customer companies within four months of its launch; 2. In August, ALF handled an average of over 20,000 consultation cases per week, with 30% of them being processed without the intervention of a human consultant; 3. Companies like Berrysee and Onnuristore have successfully utilized ALF to handle customer inquiries, optimizing their business operations.
AIAgentbusiness
about 1 year ago
➀ The UK Space Agency (UKSA) has awarded £2.5 million to ten pilot projects aimed at utilizing satellite data to enhance transport, logistics, and financial services. ➁ These projects will combine satellite data with terrestrial technologies like AI and quantum to provide deeper analysis and new solutions. ➂ The initiative seeks to overcome barriers for organizations new to using satellite data, aiming to benefit their operations and bottom line.
Satellite DataUK Space Agencybusiness
about 1 year ago
1. Sungkyunkwan University (SKKU) held its 82nd Commencement Ceremony, with a total of 1,516 graduates receiving their degrees, including 130 PhDs, 514 Masters, and 872 Bachelors. 2. Lee Ju-wan, CEO of Megazone Cloud, was awarded an Honorary Doctorate in Business Administration for his significant contributions to the Korean economy, management, and ICT sectors. 3. President Eom Jong-hwa of SKKU praised Lee Ju-wan for leading ICT businesses for 25 years and turning Megazone Cloud into a leading cloud management service company in Korea and Asia, achieving a valuation of 2.4 trillion KRW in 2022.
businesseducationtechnology
about 1 year ago
1. Chinese auto insurers are losing money on EV insurance due to higher claim rates and repair costs, but are legally prohibited from raising premiums. 2. EVs in China are insured at similar costs to twice as expensive ICE vehicles, despite being more likely to file claims. 3. Factors contributing to high EV insurance premiums include quicker acceleration, higher repair costs, manufacturer-only repair limitations, and extensive use in ride-hailing services.
ChinaEV Insurancebusiness
about 1 year ago
1. Doosan Enerbility's Q2 operating profit decreased by 37.3% year-on-year due to the underperformance of its subsidiary Bobcat; 2. The company's energy division saw an increase in sales and operating profit due to the expansion of nuclear and gas turbine business; 3. Doosan Enerbility aims to secure contracts in the European nuclear market, following the selection of Korea Hydro & Nuclear Power as a preferred negotiator for new nuclear projects in the Czech Republic.
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