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Northvolt streamlines its operations – reducing its workforce

2024-09-10 eIndustry

In streamlining operations, battery company Northvolt says it will initially focus on large-scale cell manufacturing whilst reducing costs and exploring future partnerships to secure its position in t…
» Evertiq

Posted in: Uncategorized

India’s 1st silicon carbide manufacturing unit to be set up in Odisha

eIndustry

The USD 74 million project will be developed by RIR Power Electronics Limited at Infovalley, Bhubaneswar (Odisha).
» Evertiq

Posted in: Uncategorized

Auto sector could face billions in fines amid EV slowdown, Renault CEO warns

2024-09-09 eIndustry

Europe’s automakers face more stringent EU CO2 targets heading into next year as the cap on average emissions from new vehicles sales drops from 116 grams/km in 2024 to 94 grams/km in 2025.
» Evertiq

Posted in: Uncategorized

LG ThinQ ON a step towards ‘liberating people from household chores’

eIndustry

ThinQ ON is a smart speaker embedded with generative AI agent, Furon, which is backed by the GPT-4o large language model.
» Evertiq

Posted in: Uncategorized

TSMC’s Japan fab economic spillover may cross $70 billion

eIndustry

The previous estimate only considered the benefits of TSMC’s Kumamoto Fab 1. The latest evaluation includes the impact of the planned construction of Kumamoto Fab 2.
» Evertiq

Posted in: Uncategorized

China ‘dissatisfied’ with Dutch controls on ASML chipmaking tools

eIndustry

The Netherlands announced it would require export licenses for ASML’s Twinscan NXT:1970i and 1980i systems. These tools are designed for processing wafers with 7nm-class technologies.
» Evertiq

Posted in: Uncategorized

Panasonic Energy, Mazda to begin preparation for auto battery supply

eIndustry

Panasonic Energy aims to increase its production capacity and plans to produce cylindrical lithium-ion batteries at its factories in Osaka from 2027 onward. These will be module-packaged by Mazda.
» Evertiq

Posted in: Uncategorized

Boosted by new model, Kia sets monthly EV sales record

eIndustry

The jump in sales is being attributed to the successful market debut of Kia’s entry-level EV3 model, which accounted for 4,436 new registrations.
» Evertiq

Posted in: Uncategorized

iPhone 16 will use ‘Arm’s next-gen AI chip technology’

eIndustry

Arm, a US-listed company, has a multiyear licensing agreement with Apple.
» Evertiq

Posted in: Uncategorized

Rivals TSMC and Samsung join hands for HBM4 development

2024-09-06 eIndustry

Dan Kochpatcharin, Head of Ecosystem and Alliance Management at TSMC, revealed that the two companies are working together on developing a buffer-less HBM4 chip.
» Evertiq

Posted in: Uncategorized

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